Privacy Policy

WHAT DOES Cornerstone 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
  • Payment History
  • Income
  • Credit History
  • Account Balances
  • Assets

When you are no longer our customer, we continue to share your information as described in this notice.

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 Cornerstone Bank chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Cornerstone Bank 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  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 non-affiliates to market to you No  We don’t share

Questions? Call 252-243-5588 or go to www.thecornerstonebank.com

What we do

How does Cornerstone 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 we limit access to information to those employees for whom access is appropriate.
How does Cornerstone Bank collect my personal information? We collect your personal information, for example, when you:

  • Open an account
  • Give us your wage statements
  • Give us your contact information
  • Make a wire transfer
  • Pay us by check

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 credit worthiness affiliates from using your information to market to youn sharing for non-affiliates 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.
Cornerstone 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.Cornerstone Bank 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.Cornerstone Bank doesn’t jointly market