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IMPORTANT INFORMATION!
SOUTHWEST SECURITIES, FSB
PERSONAL INFORMATION PRIVACY PROTECTION POLICY
At Southwest Securities, FSB, (“SWSB”), protecting the privacy and confidentiality of your personal information is important to our employees and us. We value your business and the trust you put in SWSB. In order to offer you the financial products and services you seek to obtain, we collect, maintain, and use information about you on a routine basis. To help you better understand how your personal information is protected here at SWSB, we are providing you with the following statement describing our practices and policies with respect to the privacy of customer information.
Ø SWSB does not disclose any nonpublic personal information about our current or former customers to nonaffiliated third parties except as permitted by law. SWSB may exchange such information with our affiliates and certain nonaffiliated third parties (under limited circumstances) to the extent permissible under law to service your account, offer products or services we believe you may find valuable, report to credit bureaus, manage risk, and perform other financial services related activities.
Ø SWSB may collect information volunteered by you during the application process, gathered from your transactions and experiences with us, and obtained from other authorized sources, such as credit bureaus. All information collected and stored by SWSB is used for specific business purposes, such as administering your account, complying with state/federal banking regulation, protecting against fraud, and developing a better understanding of your financial needs to provide you with improved products and services.
Ø SWSB may disclose information that we receive on a customer’s loan application such as the customer’s assets, liabilities, income, and employment history in order to determine whether a loan made to the customer is salable in the secondary market, for example.
Ø SWSB understands that the protection of your nonpublic personal information is of the utmost importance. Guarding your privacy is our obligation. SWSB maintains strict procedures and policies to safeguard your privacy. We restrict employee access to customer information to only those who have a business reason to know such information, and we educate our employees about the importance of confidentiality and customer privacy.
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