Ballston Spa National Bank

Privacy Policy

Rev. 01/2014

FACTS

WHAT DOES BALLSTON SPA NATIONAL BANK (BSNB) 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 that we collect and share depend on the product or service you have with us. This information can include:

  • Social Security number and account balances
  • transaction history and overdraft history
  • credit history and payment 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 BSNB chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information
Does BSNB 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
Yes
No
For our affiliates’ everyday business purposes—
information about your transactions and experiences
No
We don't share
For our affiliates’ everyday business purposes—
information about your creditworthiness
No
We don't share
For non-affiliates to market to you
No
We don't share

Questions?

Call (518) 885-6781, or go to our website at www.bsnb.com.

Who we are

Who is providing this notice? Ballston Spa National Bank (BSNB)

What we do

How does BSNB 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 maintain other physical, electronic and procedural safeguards including management of third party vendors
  • Customer information is restricted to those employees who have a business reason to know
How does BSNB collect my personal information?

We collect your personal information, for example, when you

  • open an account or apply for a loan
  • pay your bills or show your government-issued ID
  • make deposits or withdrawals from your account
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 affiliates’ everyday business purposes—information about your creditworthiness
  • affiliates from using your information to market to you
  • sharing for non-affiliates 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 financial companies such as Ballston Spa Bancorp, Inc. and BSNB Real Estate Company, Inc., a subsidiary of Ballston Spa National Bank.
Non-affiliates

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

  • BSNB does not share with non-affiliates so they can market to you.
Joint marketing

A formal agreement between non-affiliated financial companies that together market financial products or services to you.

  • Our joint marketing partners may include financial services companies.