Privacy Policy

What Does Clear Lake Bank and Trust Company Do with Your Personal Information?

Rev. Date 12/6/2019

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 account balances
  • Payment history and overdraft history
  • Account transactions and checking account information
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 Clear Lake Bank and Trust Company chooses to share, and whether you can limit this sharing.
Reasons We Can Share Your Personal Information Does Clear Lake Bank and Trust Company 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		 Yes No
For our affiliates' everyday business purposes –
information about your creditworthiness		 Yes Yes
For our affiliates to market to you Yes Yes
For our non-affiliates to market to you No We Do Not Share
To limit our sharing: Call 641-357-7121 or mail the form below.
Please note, if you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.

MAIL-IN FORM

Mark and/all you want to limit:

Do not share information about my creditworthiness with your affiliates for their everyday business purposes.

Do not allow your affiliates to use my personal information to market to me.

Name:

Address:

City/State/Zip:

Mail to Clear Lake Bank and Trust Company
P.O. Box 8
Clear Lake, IA 50428
Questions? Call 641-357-7121, send us an online message, or visit a branch
Who We Are
Who is providing this notice? Clear Lake Bank and Trust Company
What We Do
How does Clear Lake Bank and Trust Company protect my 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 Clear Lake Bank and Trust Company collect my information? We collect your personal information, for example, when you
  • Open an account or use your credit or debit card
  • Apply for a loan or show us your driver's license
  • Give us your employment history
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 non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
What happens when I limit sharing for an account I hold jointly with someone else? Your choices will apply to everyone on your account.
Definitions
Affiliates Companies related by common ownership or control. They can be financial and non-financial companies.
  • Our affiliates include others, such as CLB&T Insurance and Financial Services Inc.
Non‑Affiliates Companies not related by common ownership or control. They can be financial and non-financial companies.
  • Clear Lake Bank and Trust Company does not share with non-affiliates so they can market to you.
Joint Marketing A formal agreement between non-affiliated financial companies that together market financial products or services to you.
  • Clear Lake Bank and Trust Company's joint marketing partners include companies such as credit card companies.