Maintaining the integrity and privacy of your personal financial information is important to Bank of North Dakota. The privacy policy details the type of information collected, how it is used and how we protect your information.
What does Bank of North Dakota do with your personal information?
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.
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 income
- Account balances and transaction history
- Account transactions and credit history
When you are no longer our customer, we continue to share your information as described in this notice.
All financial companies need to share customers’ personal information to run their everyday business.
Reasons we can share your personal information
- 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.
Does Bank of North Dakota share? Yes
Can you limit this sharing? No
- For our marketing purposes – to offer our products and services to you.
Does Bank of North Dakota share? Yes
Can you limit this sharing? No
- For joint marketing with other financial companies
Does Bank of North Dakota share? No
Can you limit this sharing? We don’t share your information
- For our affiliates’ everyday business purposes – information about your transactions and experiences.
Does Bank of North Dakota share? No
Can you limit this sharing? We don’t share your information
- For our affiliates’ everyday business purposes – information about your creditworthiness.
Does Bank of North Dakota share? No
Can you limit this sharing? We don’t share your information
- For nonaffiliates to market to you
Does Bank of North Dakota share? No
Can you limit this sharing? We don’t share your information
Who is providing this notice
Bank of North Dakota (BND)
How does Bank of North Dakota 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 Bank of North Dakota collect my personal information?
We collect your personal information, for example, when you
- Open an account or apply for a loan
- Make a wire transfer or show your government issued ID
- Make deposits or withdrawals from your account.
We also collect your personal information from credit bureaus.
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 law 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. Bank of North Dakota has no affiliates.
- Nonaffiliates: Companies not related by common ownership or control. They can be financial and nonfinancial companies. Bank of North Dakota does not share with nonaffiliates so they can market to you.
- Joint Marketing: A formal agreement between nonaffiliated financial companies that together market financial products or services to you. Bank of North Dakota does not jointly market.
