Privacy & Security

Privacy Policy

Last Revision Date: 4/2023

What Does Leader Bank 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 client, we continue to share your information as described in this notice.

How?

All financial companies need to share clients’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their clients’ personal information; the reasons Leader Bank chooses to share; and whether you can limit this sharing.

 

Reasons We Can Share Your Personal Information

Does Leader Bank Share This Information?

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.

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

Yes No

For our affiliates’ everyday business purposes -- information about your creditworthiness

No We don't share

For our affiliates’ to market to you

Yes Yes

For nonaffiliates to market to you

No We don't share

 

To Limit Our Sharing 

OR

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 out customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.

Questions?

Who we are & what we do?

Who is providing this notice?

Leader Bank

How does Leader 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 and buildings.

We also maintain other physical, electronic and procedural safeguards to protect this information and limit employee access when appropriate.

How does Leader Bank collect my personal information?

We collect your personal information, for example, when you

  • Open an account or
  • Deposit money or
  • Pay your bills or
  • Apply for a loan or
  • Use your credit or debit card

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.

What happens when I limit sharing for an account I hold jointly with someone else?

Your choices will apply to everyone on your account, unless you tell us otherwise.

Definitions

Affiliates

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

  • Our affiliates include Leader Insurance, LLC, a property and casualty insurance agent. 

Nonaffiliates

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

  • Leader 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.

  • Leader Bank does not jointly market.