Prior Lake State Bank

Privacy Statement

Download Prior Lake State Bank's Privacy Policy


Children's Online Privacy Protection Act Compliance

We are in compliance with the requirements of COPPA (Children's Online Privacy Protection Act), we do not collect any personal information from anyone under 13 years of age.

 


Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006

The UIGEA, signed into law in 2006, prohibits any person engaged in the business of betting or wagering (as defined in the Act) from knowingly accepting payments in connection with the participation of another person in unlawful Internet gambling. The U.S. Department of the Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act, effective June 1, 2010.

As defined in Regulation GG, unlawful Internet gambling means to “place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made”.

As a customer of Prior Lake State Bank, these restricted transactions are prohibited from being processed through your account or banking relationship with us. Restricted transactions generally include, but are not limited to, those in which credit, electronic fund transfers, checks or drafts are knowingly accepted by gambling businesses in connection with the participation by others in unlawful Internet gambling. If you do engage in an Internet gambling business and open a new account with us, we will ask that you provide evidence of your legal capacity to do so.

Please contact customer service at 952-447-2101 if you would like additional information on UIGEA or Regulation GG.



If you have any questions about this policy or concerns about the privacy of your information, please contact Prior Lake State Bank, 16677 Duluth Avenue SE, Prior Lake, Mn 55372, Attention: Compliance Officer. Also, you can address any questions or comments to staff@priorlake.com. 

The confidentiality of Internet e-mail cannot be guaranteed. Do not include private or confidential information such as passwords, account numbers, Social Security numbers, etc., in e-mails.

Thank You !

Member FDIC