Prior Lake State Bank

Privacy Statement

Notice of your Financial Privacy Rights

This is our privacy notice for our customers. When we use the words “you” and “your” we mean the following types of customers:

All of our consumer customers who have a continuing relationship with us, such as:

  1. Deposit account
  2. Loan account
  3. Credit card
  4. Safe deposit box
  5. Retail installment contract we hold and service
  6. Self-directed Individual Retirement Account where we act as custodian or trustee
  7. Financial investment, or economic advisory services (for a fee)
  8. Home mortgage brokerage

We will tell you the sources for nonpublic personal information we collect on our customers. We will tell you what measures we take to secure that information.

We first define some terms.
We, our, and us means Prior Lake State Bank
Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records.
An affiliate is a company we own or control, a company that owns or controls us, or a company that is owned or controlled by the same company that owns or controls us. Ownership does not mean complete ownership, but means owning enough to have control.
A nonaffiliated third party is a company that is not an affiliate of ours.


The information we collect

We collect nonpublic personal information about you from the following sources:

  1. Information we receive from you on applications or other forms
  2. Information about your transactions with us
  3. Information about your transactions with nonaffiliated third parties
  4. Information from a consumer reporting agency


    Website visitors

    Visitors to the Prior Lake State Bank (PLSB) public Web site remain anonymous. PLSB does not collect identifying information about visitors to our site. PLSB uses standard software to collect non-identifying information about our visitors, such as:

    1. Date and time our site was accessed
    2. Pages viewed
    3. Web browser used

    PLSB uses this information to determine the level of interest in information available on our site. No information is transferred or sold to any other organization.

    We do not disclose any nonpublic personal information about you to anyone, except as authorized by law.
    The confidentiality, security and integrity of your nonpublic personal information

    We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.

    Nonpublic personal information and nonaffiliated third parties

    Since we value our customer relationship with you, we will not disclose your nonpublic personal information to nonaffiliated third parties, except as permitted by law.

    Nonpublic personal information and former customers

    We do not disclose nonpublic personal information about former customers.

    Authorized Sharing - Joint Marketing
    We may disclose the following information to other financial institutions with whom we have joint marketing agreements:
    • Information you give us on an application or other forms such as:
    - Name
    - Address

    We disclose the information listed above with other financial institutions with whom we have joint marketing agreements: You do not have a right to opt out of the disclosure of this information.

    TYPES OF BUSINESSES
    We may disclose information pursuant to joint marketing agreements to the following types of businesses:
    • Financial service providers such as:
    - Fintegra Financial Solutions, LLC


    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.



    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 !