FACTS

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.

• 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.

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.

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

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.

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.

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.

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

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..