Privacy Policy

WHAT DOES SOUTHERN BANK

DO WITH YOUR PERSONAL INFORMATION?

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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 income

  • account balances and payment history

  • credit history and credit scores

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 Southern Bank

chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Southern 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

Yes

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

No

We don't share

For nonaffiliates to market to you

Yes

Yes

To limit

our sharing

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?

Call1-855-4KASASA or go to www.bankwithsouthern.com



Mail-in Form

Mark any/all you want to limit:

◻ Do not use my personal information to market to me.

◻ Do not share my personal information with nonaffiliates to market their products and services to me.

Name

Address

City, State, Zip

Mail To:

Southern Bank

PO Box 520, Poplar Bluff, MO 63902

Who we are

Who is providing this notice?

Southern Bank, PO Box 520, Poplar Bluff, MO 63902

What we do

How does Southern Bankprotect 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 restrict access by user controls including physical, electronic, and procedural safeguards that comply with federal standards.

How does Southern Bank

collect my personal information?

We collect your personal information, for example, when you

  • open an account or deposit money

  • pay your bills or apply for a loan

  • use your credit or debit card

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.

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

Your choices will apply to everyone on your account.

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.
  • Our affiliates include companies with a common corporate identity of Southern Bank name; financial companies, such as SB Real Estate Investment, LLC.

Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.
  • Nonaffiliates we share with can include mortgage companies, insurance companies, direct marketing companies, and nonprofit organizations.

Joint marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
  • Southern Bank doesn't jointly market.

Rev.

09/2016

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