Required Disclosures
Privacy Statement
BankVista believes that a fundamental component of the Bank/Client relationship is our client's trust in our institution. Because of this trust, we respect the expectations of our clients regarding privacy and confidentiality. Protecting your privacy, along with your financial assets, is at the core of our business. You have chosen to do business with us and we recognize our obligation to limit access to the information you provide us.
This notice is to inform you of the types of nonpublic personal information we collect, the circumstance under which we may share the information with our affiliates and nonaffiliated third parties, and how we protect that information.
Categories of Information That We May Collect
We collect nonpublic personal information about you from the following sources:
- Information we receive from you on applications or other forms, such as: name address social security number, assets and income.
- Information about your transactions with us, or affiliates, or others, such as account balance, payment history, parties to transactions and credit usage.
- Information we receive from a consumer reporting agency, such as your credit history and credit worthiness.
Categories of Information We Disclose
We may disclose or share information about you or our former customers with affiliates and/or nonaffiliated third parties as permitted by law. As an example we may disclose all of the information we collect to companies who perform services on our behalf, such as ATM providers, check printers and loan servicers. We will also provide this information to government entities in response to subpoenas and consumer reporting agencies.
Confidentiality and Security of Customer Information
We 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 your nonpublic personal information.
Your Information and Affiliates – Futures Changes
In the future, we may disclose information about you to affiliates, even though we are not doing so now. Here are the kinds of information we may disclose to our affiliates:
Transaction and experience information from our account records:
Information about your transactions and experience with us, such as:
- Name
- Address
- Account balances
- Types of accounts
- Federal law allows us to disclose the information listed above with our affiliates. You do not have a right to opt out of the disclosure of this information.
Types of Affiliates
We may disclose information about you in the future to the following types of affiliates:
- Financial service providers, such as:
- Mortgage bankers
- Securities broker-dealers
- Insurance agents
- Certified Public Accountants
Reason for Disclosure
We may disclose information about you in the future to our affiliates:
- To fulfill our mission of giving unsurpassed personal service and finding the best financial solutions for our customers
- This may include providing our customers with information about additional products and services that will help them meet their financial objectives.
Your Information and Other Parties - Future Changes
In the future, we may disclose information to other parties. Here are the kinds of information we may disclose to these other partes:- Information you give us on a pplication or other forms, such as:
- Name
- Address
- Social Security Number
- Assets
- Income
- Infomation about your transactions with us, such as:
- Account balances
- Types of accounts
- Information we recieve from a credit reporting agency, such as:
- Credit
You may opt out of the disclosure of the information listed above.
Types of other Parties
We may disclose information about you in the future to the following types of other parties:
- Financial service providers, such as:
- Mortgage bankers
- Securities broker-dealers
- Insurance agents
- Certified Public Accountants
- Business offering nonfinancial products or services, such as:
- Direct marketers
We may also disclose information about you to these other parties as permitted by law.
Reason for Disclosing
We may disclose information about our in the future to other parties:
- To fulfill our mission of giving unsurpassed personal service and finding the best financial solutions for our customers.
- This may include providing our customers with information about additional products and services that will help them meet their financial objectives.
Your Right to Block the Disclosure of Your Information
Other Parties. If you do not want us to share your information with other parties in the future, you can block the release of certain information. This is known as your right to “opt out.”
Your decision to block the disclosure of your information will apply to information collected from all products and services you receive from us.
If your have obtained one or more products or services jointly, an opt out instruction by any party will be effective for all of that party’s information collected in conjunction with the product or service. If one of you choose to opt out, no information we have collected about you will be shared, nor will we share information about any other joint party collected in conjunction with the product or service.
If you previously sent us an opt our, then we will continue to apply your instruction to the information you asked us not to share. Your do not need to return another opt our form.
If you with to opt out of the disclosure of your information, you may do so by contacting BankVista at 320.251.1600 or 1.877.415.0008
Maintenance of Accurate Information
Keeping your account information accurate and up to date is very important. If you ever find that your account information is incomplete, inaccurate or not current, please call us at (320) 257-1600 or toll free at 1-877-415-0008, write us at BankVista, P.O. Box 338, Sartell, MN 56377, or visit us at 125 Twin Rivers Court in Sartell. We will correct any erroneous information.
Terms of Use
These terms govern the use of this website. Please read them carefully before accessing the site. If you do not agree with these terms do not access the website. By accessing the website or any of its pages you agree to be bound by these terms of use.
This website has been established by the Bank for the sole purpose of conveying information about the Bank's products and services and to allow communication between the Bank and its customers. Information that appears on this website should be considered an advertisement. Nothing contained in any page on this site takes the place of the bank's agreements and disclosures that govern its products and services. If any information on the site conflicts with that in the bank's agreements and disclosures, the agreements and disclosures will control.
From time to time the Bank may place links to other websites on this page. The Bank has no control over any other website and is not responsible for the content on any site other than this one. Users assume all responsibility when they go to other sites via the links on this page.
The information and materials contained in this website are owned by the Bank or by others, as applicable. No material may be copied, displayed, transmitted, distributed, framed, sold, stored for use, downloaded, or otherwise reproduced except as permitted by law.
The Bank makes no warranties of any kind regarding the products and services advertised on this site. The Bank will use reasonable efforts to ensure that all information displayed is accurate, however, the Bank expressly disclaims any representation and warranty, express of implied, including, without limitation, warranties of merchantability, fitness for a particular purpose, suitability, and the ability to use the site without contracting a computer virus.
The Bank is not responsible for any loss, damage, expense, or penalty (either in tort, contract, or otherwise), including direct, indirect, consequential and incidental damages, that result from the access of or use of this site. This limitation included, but is not limited to the omission of information, the failure of equipment, the delay or inability to receive or transmit information, the delay or inability to print information, the transmission of any computer virus, or the transmission of any other malicious or disabling code or procedure. This limitation applies even if the Bank has been informed of the possibility of such loss or damage.
This agreement may be changed from time to time by posting the new Terms of Use on the website. All users agree to be subject to this agreement as it changes from time to time.
This agreement and the use of this website are governed by the laws of the state of Minnesota.
USA Patriot Act
Important information about procedures for opening or changing an account with BankVista
Section 326 of the USA Patriot Act requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account or changes an existing account. This Federal requirement applies to all new customers and current customers. This information is used to assist the United States government.
BankVista Is Participating in the FDIC’s Transaction Account Guarantee Program
Under this program, through December 31, 2010, all noninterest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
What does that mean to you as a BankVista Customer?
Any balances that you currently have deposited with BankVista in a Free Checking, 55+ Checking*, Interest Checking*, Business Checking, Small Business Checking or Small Business Interest Checking* are fully insured by the FDIC.
The $250,000 FDIC insurance limit is then applied to the funds you hold in Savings Accounts, Money Market Accounts or Certificates of Deposit.
If you have any questions regarding this program, please speak with an officer.
*NOW Accounts - Provided the interest rate stays within FDIC guidelines
