Privacy Policy

WHAT DOES FIRST NATIONAL BANK OF OSAKIS 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

  • Account balances and payment history

  • Credit history and credit scores

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 First National Bank of Osakis chooses to share; and whether you can limit this sharing.

 

Reasons we can share your personal information

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
We share this information. We cannot limit sharing this information.

For our marketing purposes-- to offer our products and services to you
We share this information. We cannot limit sharing this information.

For joint marketing with other financial companies--
We do not share this information.

For our affiliates' everyday business purposes-- information about your transactions and experiences
We share this information. We cannot limit sharing this information.

For our affiliates' everyday business purposes-- information about your creditworthiness
We do not share

For our affiliates to market to you--
We do not share

For nonaffiliates to market to you--
We do not share

Questions? Call 320-859-2101 or contact us through Online Banking at www.fnbosakis.com

 

How does First National Bank of Osakis 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 First National Bank of Osakis 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 credit or 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 affiliates’ 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

Affiliates:

Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • First National Bank of Osakis affiliates include Glenwood State Agency, Glenwood State Bank Real Estate, M and N Investments, Financial Services of Lowry, Glenwood State Bank, and Lowry State Bank
Nonaffiliates:

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

  • First National Bank of Osakis 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.

  • First National Bank of Osakis doesn’t jointly market

Children's Online Privacy

The Children's Online Privacy Protection Act (COPPA) was passed to give parents increased control over what information is collected from their children online and how such information is used. The law applies to websites and services directed to, and which knowingly collect information from, children under the age of 13. First National Bank of Osakis' websites and online services are not directed to children under the age of 13, nor is information knowingly collected from them. For additional information on COPPA protections, visit the Federal Trade Commission's page about Children's Privacy.

Questions?

Call 320-859-2101 or contact us through www.fnbosakis.com

Online Banking Agreement

Online Banking Service Agreement and Electronic Disclosure

Last updated: May 19, 2022