Facts
What does The Bank of Southside Virginia 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
- Income
- Account Balances
- Payment history
- Transaction history
- 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 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 The Bank of Southside Virginia chooses to share; and whether you can limit this sharing.
Sharing
Reasons we can share your personal information
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus
- Does The Bank of Southside Virginia share?
- Yes
- Can you limit this sharing?
- No
to offer our products and services to you
- Does The Bank of Southside Virginia share?
- Yes
- Can you limit this sharing?
- No
- Does The Bank of Southside Virginia share?
- Yes
- Can you limit this sharing?
- No
information about your transactions and expenses
- Does The Bank of Southside Virginia share?
- No
- Can you limit this sharing?
- We don't share
information about your creditworthiness
- Does The Bank of Southside Virginia share?
- No
- Can you limit this sharing?
- We don't share
- Does The Bank of Southside Virginia share?
- No
- Can you limit this sharing?
- We don't share
Questions?
Go to www.bsvnet.com
What We Do
How we collect and protect information
How does The Bank of Southside Virginia 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 The Bank of Southside Virginia collect my personal information?
We collect your personal information, for example, when you
- Open an account
- Deposit money
- Apply for a loan
- Give us your contact information
- Show your driver's license
- Apply for a credit 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 affiliate' 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
Terms used in this notice
Affiliates
Companies related by common ownership or control. They can be financial and non-financial companies.
The Bank of Southside Virginia has no affiliates.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and non-financial companies.
The Bank of Southside Virginia 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.
Our joint marketing partners include other financial companies such as investment, insurance, and credit companies.