THE PIONEER SAVINGS BANK

PRIVACY OF CONSUMER FINANCIAL INFORMATION NOTICE

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.

The Pioneer Savings Bank collects personal information about you from the following sources:

  • Social Security number
  • Account balances
  • Payment history
  • Transaction history
  • Account transactions
  • Mortgage rates and payments

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 The Pioneer Savings Bank chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does The Pioneer Savings Bank share?

Can you limit this sharing?

For our everyday business purposes

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

 No We don’t share

For joint marketing with other financial companies

No We don’t share

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

For questions please call 216-961-0422

How does The Pioneer Savings 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.
We also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access is appropriate.

How does The Pioneer Savings Bank collect my personal information?

We collect your personal information, for example, when you

  • Open an account
  • Deposit Money
  • Apply for a loan
  • Give us your contact information
  • Provide your mortgage information

We also collect your personal information from others, such as credit bureaus, 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 non-financial companies.

  • The Pioneer Savings Bank does not share with affiliates.

Nonaffiliates

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

  • The Pioneer Savings 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.

  • The Pioneer Savings Bank doesn’t jointly market.