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Facts: What Does Redstone Bank 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 Credit Score
  • Income and Employment Information
  • Transaction History and Wire Transfer Instructions

How?

All financial companies need to share customer's personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customer's personal information; the reasons Midwest Bank chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information Does Redstone Bank 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
Yes No
For joint marketing with other financial companies No We don't share
For our affiliates’ everyday business purposes —
Information about your transactions and experiences
Yes No
For our affiliates’ everyday business purposes —
Information about your creditworthiness
Yes Yes
For our affiliates to market to you Yes Yes
For nonaffiliates to market to you No We don't share

To limit our sharing

Call 720-880-5000 - our menu will prompt you through your choice(s)
Visit us online www.redstonebankco.com to contact us.

Please note:

If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.

Questions?

Call 720-880-5000 or go to www.redstonebankco.com

Who is providing this notice?

Redstone Bank

How does Redstone Bank 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.  We also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access is appropriate.

How does Redstone Bank collect my personal information?

  • We collect your personal information, for example, when you
  • Open an account or give us your contact information
  • Use your credit or debit card or show us your driver's license
  • Apply for financing

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.

What happens when I limit sharing for an account I hold jointly with someone else?

Your choices will apply to everyone on your account -- unless you tell us otherwise.

Definitions

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

  • Midwest Bank, NA and Midwest Wealth Management.

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

  • Redstone Bank 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.

  • Redstone Bank doesn't jointly market