Privacy Notice

FACTS

What does Decorah Bank & Trust Co. and Cresco Bank & Trust Co. 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 Decorah Bank & Trust Co. chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Decorah Bank & Trust 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

Yes

No

For our affiliates' everyday business purposes –
information about your transactions and experiences

No

We don't share

For our affiliates' everyday business purposes –
information about your creditworthiness

No

We don't share

For nonaffiliates to market to you

No

We don't share

Questions?

Call 563-382-9661 or go to www.decorah.bank or www.cresco.bank

Who We Are

Who is providing this notice?

 Decorah Bank & Trust Co. Cresco Bank & Trust Co., a division of Decorah Bank & Trust Co.

What We do

How does Decorah Bank & Trust Co. 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. 

 

We restrict access to non-public information about you to employees who need to know that information to provide services to you. 

How does Decorah Bank & Trust Co. collect my personal information?

We collect your personal information, for example, when you

  • open an account or make a deposit
  • pay bills or use your debit card
  • apply for a loan

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.

Decorah Bank & Trust has no affiliates.

Nonaffiliates

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

Decorah Bank & Trust Co. doesn't 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.

Our joint marketing partner for our Wealth Management Services is LPL Financial LLC.

 

Decorah Bank Mobile App 

The Decorah Bank & Trust Co. mobile app on the Apple App Store and Google Play Store may require access to information stored on your device such as the camera, contacts, images, storage, microphone, biometrics, location or other features you are enrolled in to enrich and simplify your own user experience and improve our services, as well as provide additional security to protect your account. It is important for you to understand that:

  • Before granting access to this information, you will be prompted to give the application that permission.
  • If you do not wish to grant that permission, you may decline it.
  • If you later change your mind, those permissions can be updated in your device’s settings.
 
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