Privacy Statement
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 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.
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 South Georgia Bank chooses to share; and whether you can limit this sharing.
HOW DOES SOUTH GEORGIA 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 limit access to non public personal information about you to only those employees who need to know that information to provide service to you.
HOW DOES SOUTH GEORGIA BANK COLLECT MY PERSONAL INFORMATION?
We collect your personal information, for example when you,
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- Open an account
- Apply for a loan
- Deposit money
- Use your credit or debit card
- Pay your bills
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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.
| Reasons we can share your personal information | Does South Georgia Bank share? | Can you limit this sharing? |
|---|---|---|
| For our everyday 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 | 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 |
Companies related by common ownership or control. They can be financial and non financial companies.
- South Group Bancshares, Inc. is the holding company for South Georgia Bank. There are no other affiliates that control this institution.
- South Georgia Bank does not share with our affiliates.
NON AFFILIATES
Companies not related by common ownership or control. They can be financial and non financial companies.
- South Georgia 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.
- South Georgia Bank does not jointly market.
We may report information about your account to credit bureaus, late payments, missed payments or other defaults on your account may be reflected in your credit report. This notification meets the notification requirements of the joint regulatory agencies fund rules on privacy of consumer information. Section 501(b) of the GLB Act.
Privacy and Security tips to prevent Identity Theft: Never give your Social Security number or personal credit information over the phone or the internet unless you initiate the communication. Do not write your password down with your account information. Report unusual telephone or e-mail inquiries to your telephone company or local law enforcement authorities. Annually review your credit report. Three national agencies are: Experian – www.experian.com; Equifax – www.equifax.com 1-800-685-1111; TransUnion – www.transunion.com 1-877-322-8228. Identity stolen visit http://www.consumer.gov/idtheft sponsored by the Federal Trade Commission.
Call 912-654-1051
Click here to download a pdf version of our privacy policy.