Privacy Policy and Protection
Effective September 2014
FACTS
WHAT DOES WOODTRUST 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 income
- Account balances and payment history
- Credit history and employment information
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 customer’s personal information; the reasons WoodTrust Bank chooses to share; and whether you can limit this sharing.
REASONS WE CAN SHARE YOUR PERSONAL INFORMATION
DOES WOODTRUST 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 market purposes –
to offer our products and services to you
NO
We do not share
For joint marketing with other financial companies
NO
We do not share
For our affiliates’ everyday business purposes –
information about your transactions and experiences
NO
We do not share
For our affiliates’ everyday business purposes –
information about your creditworthiness
NO
We do not share
For nonaffiliates to market to you
NO
We do not share
QUESTIONS?
Call 715-423-7600 or go to woodtrust.com
WHAT WE DO
How does WoodTrust 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.
How does WoodTrust Bank collect my personal information?
We collect your personal information, for example, when you
- Use your debit or credit card
- Open an account
- Seek advice about your investments
- Apply for a loan
- Make deposits or withdrawals from your accounts
We also collect your personal information from others, such as credit bureaus 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.
- WoodTrust Bank does not share with our affiliates.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- WoodTrust 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.
- WoodTrust Bank does not jointly market.
