Privacy Policy

 

/// Privacy Policy


FACTS 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 and income
  • Account balances and payment history
  • Credit history and 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 info 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.
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 you
  • 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 affiliate.
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 nonaffiliated financial companies that together market financial products or services to you.
  • Cornerstone Bank doesn't jointly market.

USA Patriot Act

Help us prevent Identity Fraud
According to the Federal Trade Commission, identity theft is the fastest-growing crime in the country. Our ability to feel safe is becoming more difficult with terrorism and crime on a steady increase.

The USA Patriot Act has paved the way for financial institutions to help prevent fraud, identity theft, and the spread of terrorism. It requires financial institutions to obtain more information from an individual or legal entity to help establish identity. Your cooperation is needed when you open a new account or request a loan. You may be asked more questions to establish and confirm your identity. It may also be required for you to provide one or more forms of identification.
 

Contacting Cornerstone Bank

To obtain the best customer service we can provide you, we request that you keep your information as up-to-date as possible. Questions or concerns can be directed to us by calling 252-243-5588 or your banking center location.