Privacy Statement
What We do
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How does Security Federal Savings Bank protect my personal information?
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To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
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How does Security Federal Savings Bank collect my personal information?
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We collect your personal information, for example, when you
- open an account or deposit money
- pay your bills or apply for financing
- give us your contact information
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
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Why can't I limit all sharing?
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Federal law gives you the right to limit only
- sharing for affiliates' everyday business purposes—information about your creditworthiness
- affiliates from using your information to market to you
- sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
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What happens when I limit sharing for an account I hold jointly with someone else?
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Your choices will apply to everyone on your account - unless you tell us otherwise.
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Definitions
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Affiliates
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Companies related by common ownership or control. They can be financial and nonfinancial companies.
- Security Federal Insurance Services, LLC is a wholly-owned affiliate of the Bank.
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Nonaffiliates
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Companies not related by common ownership or control. They can be financial and nonfinancial companies
- Nonaffiliates we share with can include insurance, securities, and investment providers.
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Joint marketing
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A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Our joint marketing partners include insurance, securities, and investment providers.
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Other important information: Not applicable
Rev. 03/2020