Privacy Notice

Rev. 04/2012

FACTS

WHAT DOES CORNERSTONE BANK 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

  • A 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 Cornerstone Bank chooses to share; and whether you can limit this
sharing.

 

Reasons we can share
your personal information

Does Cornerstone
Bank 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

No

No, we don't share

For our affiliates’ everyday
business purposes

information about your
transactions and experiences

No

No, we don't share

For our affiliates’ everyday
business purposes

information about your
creditworthiness

No

No, we don't share

For our affiliates to market to
you

No

No, we don't share

For our nonaffiliates to market to
you

No

No, we don't share

 

Who we are

 

Who is providing this notice?

This privacy policy is being provided by Cornerstone
Bank and applies to the family of Cornerstone
accounts for consumers and the products and
services offered in connection with those accounts.

What we do

 

How does Cornerstone Bank
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 Cornerstone Bank
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 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.

  • Cornerstone Bank does not share with
    affiliates,

 

Nonaffiliates

 

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

  • Cornerstone Bank 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.

  • Cornerstone Bank does not jointly market.