Private Bank Minnesota
Rev. November 2011

Private Bank Minnesota
PRIVACY POLICY NOTICE



FACTS WHAT DOES PRIVATE BANK MINNESOTA DO WITH YOUR PERSONAL INFORMATION
Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

  • Social Security number and Account balances
  • Account transactions and Credit history
  • Payment history and Transaction history

When you are no longer our customer, We continue to share your information as described in this notice.

How? All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Private Bank Minnesota chooses to share; and whether you can limit this sharing.

Reasons we can share your personal
information
Does Private Bank Minnesota share? Can you limit this sharing?
For our everyday business purposes–
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus
Yes No
For our marketing purposes–
to offer our products and services to you
No We don’t share
For joint marketing with other financial companies No We don’t share
For our affiliates’ everyday business purposes–
information about your transactions and experiences
No We don’t share
For our affiliates’ everyday business purposes–
information about your creditworthiness
No We don’t share
For our affiliates to market to you No We don’t share
For our affiliates to market to you No We don’t share

Questions? Call 612-321-0991 or go to www.pbmn.com

What we do
How does Private Bank Minnesota protect my personal information

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.

How does Private Bank Minnesota collect my personal information

We collect your personal information, for example, when you

  • apply for a loan or give us your contact information
  • give us your income information or open an account
  • provide account information

We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.

Why can’t I limit all sharing?

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.


Definitions
Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • Private Bank Minnesota does not share with our affiliates.

Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

  • Private Bank Minnesota does not share with our affiliates.

Joint marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • Private Bank Minnesota doesn’t jointly market.

Other important information

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