Rev. 10/2010

Facts: What Does Midwest 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
  • Transaction History and Account Balances
  • Payment History and Credit 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 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 informationDoes Midwest 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
No We don't share
For our affiliates to market to you No We don't share
For nonaffiliates to market to you No We don't share

Questions?

Call 402-329-6221 or go to www.midwestbanks.com

Who is providing this notice?

Midwest Bank

How does Midwest 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 Midwest 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 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 affliates' everyday business purposes - information about your creditworthiness
  • Affliates 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.

  • Our affiliates include Midwest Bank Financial Services and Midwest Bank Insurance Agency

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

  • Midwest 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.

  • Midwest Bank doesn't jointly market