This notice contains important information about the privacy of personal information that Sherburne State Bank collects about its customers, and how that information is used.
We recognize your right to privacy at Sherburne State Bank. We recognize that you have a right to expect your personal financial information to remain private and secure. In accordance, we will maintain standards to ensure that your information is guarded
at all times.
The following is designed to inform you, a customer of Sherburne State Bank, about the customer information we collect, the sources of that information, the customer information we disclose to unaffiliated third parties, and the circumstances in which we do so. It also describes the systems and procedures we have in place to make sure information about you is kept confidential.
Categories of personal information we collect:
Sherburne State Bank collects information about its customers from [I] information that customers provide on applications to us for our products and services (such as name, address, social security number, assets, or income); [II] information we receive from processing customers’ accounts with us, and our affiliates, or others, as well as the transactions in those deposit and loan accounts (such as account balance or payment history) and any other information we receive from providing services; and [III] information we receive from consumer reporting agencies (such as loan payment history, NSF history, or if you have had checking accounts closed).
What information we disclose:
Sherburne State Bank does not disclose nonpublic personal information
about our customers or former customers to anyone, except as permitted
by law. Should you close your account(s) or become an inactive
customer, Sherburne State Bank will adhere to privacy policies
and practices as described in this notice.
We may report information about your account to credit bureaus.
Late payments, missed payments, or other defaults on your account
may be reflected in your credit report.
Security and integrity of information:
It is the policy of Sherburne State Bank to 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 standards to guard you nonpublic personal information.
At Sherburne State Bank, the basis of each customer relationship is trust. You have chosen to do business with Sherburne State Bank, and we are obligated to honor that relationship with great care, beginning with information you have chosen
to share with us.
Contact us with questions at or e-mail us at customercare@sherburnestatebank.com.
Sherburne State Bank
Member FDIC
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