Privacy Policy

 Protecting your privacy is important to American Enterprise Bank and our employees. We want you to understand what information we collect and how we use it. In order to provide our customers with a broad range of financial products and services as effectively and conveniently as possible, we use technology to manage and maintain customer information. The following policy serves as a standard for all American Enterprise Bank employees for collection, use, retention, and security of nonpublic personal information. 

What Information We Collect

We collect “nonpublic personal information” about you from the following sources:

• Information we receive from you on applications or other loan and account forms;
• Information about your transactions with us and others; and
• Information we receive from third parties such as credit bureaus.

“Non public personal information” is nonpublic information about you that we obtain in connection with providing a financial product or service to you. For example, nonpublic personal information includes information regarding your account balance, payment history, and overdraft history. 

What Information We Disclose

We are permitted under law to disclose nonpublic personal information about you to other third parties in certain circumstances. For example, we may disclose nonpublic personal information about you to third parties to assist us in servicing your loan or account with us, to government entities in response to subpoenas, and to credit bureaus. We do not disclose any nonpublic information about you to anyone, except as permitted by law.

If you decide to close your account(s) or become an inactive customer, we will continue to adhere to the privacy policies and practices described in this notice.

Our Security Procedures

This Internet Banking System brings together a combination of industry-approved security technologies to protect data for the Bank and for you our customer. It features password-controlled system entry, Secure Sockets Layer (SSL) protocol for data encryption, and routers loaded with firewalls to regulate the inflow and outflow of traffic.

We also take steps to safeguard customer information from within American Enterprise Bank. We restrict access to your personal and account information to those employees who need to know that information to provide products or services to you. Employees who violate these standards will be subject to disciplinary measures. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information.

This Policy Statement Does Not Expand Legal Obligations

This policy statement is not intended to create any liability other than that already found in the law.

Click here for the FDIC Privacy Guide for Consumers