Privacy Policy

First National Bank of Waseca recognizes and respects the privacy expectations of each customer's right to privacy. Customers have an expectation that the personal information provided to us is to be kept confidential. We believe that protecting each person's right to privacy is essential to the quality of our customer relationships. We want you to understand what information we collect, how we use it, and how we safeguard your nonpublic personal information.

"Nonpublic personal information" is information about you that we collect in connection with providing a financial product or service to you. This also includes information regarding your account balance, payment history, and overdraft history. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records.

What Information We Collect

First National Bank collects nonpublic personal information about you from the following sources:

  • Information we receive from you on applications or other forms,
  • Information about your transactions with us,
  • Information about your transactions with nonaffiliated third parties
  • Information from a consumer reporting agency

What Information We Disclose

As we value our customer relationship with you, we will not disclose your nonpublic personal information to nonaffiliated third parties, except as permitted by law. For example, we may disclose nonpublic personal information about you to third parties to assist us in servicing your loan or account with us.

If you decide to close your account(s) or become an inactive customer, we will follow the privacy policies and practices as described in this notice.

Confidentiality, Security, and Integrity of Your Nonpublic Personal Information

First National Bank restricts access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. Sharing of customer information with various departments of the Bank occurs only to the extent appropriate to evaluate, structure and facilitate the services requested or to inform customers of other financial services that may be of interest.

Each First National Bank employee is responsible for maintaining the confidentiality of customer information. First National Bank trains their employees to recognize the importance of customer confidentiality and will take appropriate disciplinary measures to enforce employee privacy responsibilities.

First National Bank is committed to the security of your nonpublic personal information. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information and grant access to customer information only in accordance with our internal security standards.

Maintenance of Accurate Information

First National Bank is committed to maintaining accurate, current, and complete records. We have established policies and procedures to ensure that all requests to correct inaccurate information are responded to in a timely manner. If you receive information from the Bank that you believe to be inaccurate, you should notify us immediately in writing or by phone.

Authorized Sharing To Outside Marketing Services

Federal law allows us to disclose information with companies that perform marketing services on our behalf. We may disclose nonpublic personal information we have received from you on applications and other forms to the companies we have contracted with to perform marketing services on our behalf. The information that would be disclosed under these circumstances would be limited to your name and address.

Federal law does not allow you the right to opt out of these disclosures. The types of businesses with whom we may disclose nonpublic personal information for outside marketing services are:

  • Service providers that perform marketing services for us,
  • Telemarketing companies contracted by the bank, and
  • Direct sales companies contracted by the bank
  • Financial service providers that provide services to the bank
    • Internet banking

When it is necessary to provide nonpublic personal information to a third party, the business or vendor we hire is expected to adhere to the same privacy guidelines and applicable laws and regulations as that of the bank.

Our Internet Web Site

When you visit our web site, we may collect and store information about your visit on an anonymous, aggregate basis. This information may include the time and length of your visit, the pages you visit on our site, and the site you visited just before coming to ours. We may also record the name of your Internet service provider. We use this information only to measure site activity and to develop ideas for improving our site.

In the future, there may be several opportunities on our web site for you to provide us with information about you and your financial needs, including your name, mailing address, e-mail address and other information. If at that time you choose to share any nonpublic personal information with us, we may store it and use it for marketing purposes to the extent allowed within this policy.