Privacy Notice to our Customers

Recently, a federal law was passed to help you better understand how banks, investment companies, and other financial institutions use and protect your personal information. Our Privacy Policy is designed to assist you in understanding how we handle your nonpublic personal information provided to us.

This notice will explain our policies and practices that protect your privacy.

Because we don’t share information with nonaffiliated third parties, outside of what is discussed in this notice, you will not have to instruct us to keep your information confidential.

At Homestead Savings Bank we work hard at providing financial services to our communities while maintaining exceptional levels of customer and community care.

The Information We Collect

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

Information we receive from your applications or other forms:
Information through our website, e-mail, and other mediums;
Information obtained when verifying the information you provide on an application or other form (this may be obtained from, but is not restricted to, your current or past employers, or from other institutions where you have conducted financial transactions);
Information about your transactions with us, our affiliates, or others; and
Information we receive from a consumer reporting agency.

Information We Disclose and Parties to Whom We Disclose

We will not share information about our customers or former customers to anyone, unless we are working to better provide you with financial services or are required to do so by law or in response to a subpoena.

When Would We Share Information

We would share nonpublic personal information with affiliated parties, and with non-affiliated third parties who provide support for financial services we provide. For example; check printing services, insurance products, credit reporting agencies, ATM service providers, core data processing and other third parties necessary to provide customer service.

These affiliated third parties are only permitted to use your nonpublic information for uses specified by the bank or our affiliates or as permitted by law.

Maintaining Accurate Account Information

Homestead Savings Bank strives to keep customer and account information secure, accurate, and current. If you believe any information retained by the Bank is inaccurate or needs updating, please call us at (517) 629-5588. We will look into any of your concerns and take appropriate actions quickly and in accordance to industry practices and applicable law.

Protecting Customer Information

Keeping your personal and financial information secure is one of our most important responsibilities. Our employees access information about our customers only when it is necessary to maintain accounts and provide additional services.

We maintain physical, electronic, and procedural safeguards that comply with applicable federal regulation to guard your nonpublic information.

Questions Regarding our Privacy Policy

We value our customer relationships. We want you to understand how we utilize the information you provide and our commitment to ensuring your personal privacy. If you have any questions or concerns regarding this policy please contact us at (517) 629-5588.

This Policy has been established and is given in accordance with applicable federal law. It is not intended and in no event shall it be deemed to constitute an offer or agreement of any kind on our part or to impose any duty or obligation of any kind upon us except as and to the extent expressly required by law.

We reserve the right to change this Policy at any time. We will inform you of any material changes as required by law.

If you are no longer a customer of Homestead Savings Bank, your nonpublic information may be retained and this Policy, as amended from time to time, will continue to apply.

Bank Affiliates

HSB Financial Services
HSB Service Corporation
HSB Development Co., L.L.C.