Updated February 2019
|FACTS||WHAT DOES COMMUNITY BANK & TRUST COMPANY, A DIVISION OF CEDAR RAPIDS BANK & TRUST COMPANY (CB&T), 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
-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.
|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 CB&T chooses to share; and whether you can limit this sharing.|
|REASONS WE CAN SHARE YOUR PERSONAL INFORMATION||DOES CB&T 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
|For our marketing purposes --
to offer our products and services to you
|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||No||We don't share|
|For our affiliates to market to you||No||We don't share|
|For our nonaffiliates to market to you||No||We don't share|
|WHO WE ARE|
|Who is providing this notice?||COMMUNITY BANK & TRUST COMPANY, A DIVISION OF CEDAR RAPIDS BANK & TRUST COMPANY|
|WHAT WE DO|
|How does CB&T 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. When we share information with third parties, we hold all such parties to the same or higher standards as we do ourselves regarding the privacy of your information.|
|How does CB&T collect my personal information?||
We collect your personal information, for example, when you
-Open an account or deposit money
|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.
|Affiliates||Companies related by common ownership or control. They can be financial and nonfinancial companies.
-Our affiliates include our parent company QCR Holdings, Inc., financial companies such as Quad City Investment Advisors, LLC, the Bates Financial group of investment-related companies, and m2 Lease Funds, and our affiliate banks: Quad City Bank & Trust Company, Cedar Rapids Bank & Trust Company, including its Community Bank & Trust Company division, Rockford Bank & Trust Company, Springfield First Community Bank, and Community State Bank.
|Nonaffiliates||Companies not related by common ownership or control. They can be financial and nonfinancial companies.
-CB&T 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.
-Our joint marketing partners include credit card issuers and companies and investment and insurance services providers.