First Bank & Trust Privacy Policy

Revised May 2021

First Bank & Trust Privacy Policy

Revised May 2021

FACTSWHAT DOES FIRST BANK & TRUST 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 transaction history
  • Account balances and payment history
  • Credit history and credit scores
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 First Bank & Trust chooses to share, and whether you can limit this sharing.

Reasons We Can Share Your Personal InformationDoes First 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 bureausYesNo
For our marketing purposes – to offer our products and services to youYesNo
For joint marketing with other financial companiesYesNo
For our affiliates' everyday business purposes – information about your transactions and experiencesYesNo
For our affiliates' everyday business purposes – information about your creditworthinessNoWe do not share
For our affiliates to market to youNoWe do not share
For nonaffiliates to market to youNoWe do not share
Contact Information
Questions?

Call toll-free 833-707-1226

Who we are
Who is providing this notice?

First Bank & Trust, 520 Sixth Street, Brookings, South Dakota 57006

What we do
How does First Bank & Trust 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 First Bank & Trust collect my personal information?

We collect your personal information, for example, when you

  • apply for a credit card account
  • provide account information or give us your contact information
  • provide information to verify your identity
  • use your credit card
  • provide employment information

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.

Definition
Affiliate

Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • Our affiliates include financial companies such as Fishback Financial Corporation
Nonaffiliate

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

  • First Bank & Trust does 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 partners include consumer loan lenders
Other important information

For California Customers: We will not share personal information with nonaffiliates either for them to market to you or for joint marketing without your authorization. We will also limit our sharing of personal information about you with our affiliates to comply with California privacy laws that apply to us.

CALIFORNIA PRIVACY RIGHTS

The California Consumer Privacy Act (CCPA) provides protections and provisions to California residents. In compliance with the CCPA, Best Egg is fully committed to handling the personal information of consumers responsibly with respect and due care.

If you are a California resident, California law provides you with specific rights regarding your personal information, including the right to request that we disclose certain information to you about our collection and use of your personal information over the past 12 months and the right to request that we delete any of your personal information that we have collected from you, subject to certain exceptions. Please note that we are only required to respond to two such requests per customer each year.

This summary outlines how Best Egg collects, uses, and shares personal information:

Collects: Best Egg collects information that you provide to us as well as information that is collected and stored automatically. For details about how information is collected online, please refer to the Terms of Use section of the Best Egg website at: https://www.bestegg.com/terms-of-use/.

Uses: Information is used for the purpose of determining loan eligibility, processing requests, and servicing funded loans. Some information may be used for marketing purposes and to enhance your customer experience.

Sells / Discloses: Information is shared with service providers and affiliates to administer services and may be shared with law enforcement, regulatory agencies and the courts as permitted by law.

YOUR RIGHTS AS A CALIFORNIA RESIDENT

Listed below is a summary of the rights you are entitled to as a California resident under the California Consumer Privacy Act:

  • To request information about yourself that has been collected, used, disclosed or sold;
  • To request to be deleted, subject to certain exceptions, including compliance with applicable laws and regulations. In addition, certain information related to the processing of applications and the servicing of accounts within the normal course of business is required to be maintained;
  • To request the disclosure of the categories of personal information collected, the category sources, the purpose of collection and the categories of information that has been shared or sold along with the business purpose;
  • To opt-out of the sale of personal information. Please note that the collection and sharing of certain information is needed to comply with federal law and to provide certain products and services;
  • And, to be free from discrimination for exercising your rights. Please note that incentives may be extended to consumers who permit their personal information to be shared or sold.

If you wish to opt-out of the sale of your personal information, as defined by the CCPA, you may submit your request online at https://www.bestegg.com/apply/privacy-act. You may also contact Best Egg at (866) 615-4323.