SOUTHERN BANCORP BANK (SBB) PRIVACY POLICY

Privacy and Your Personal Information

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 Information Do We Collect?

This information can include (i) social security number and other pertinent personal information, (ii) portfolio balances and transaction or loss history, or (iii) payment history and credit history.

What Does SBB Do With Your Personal Information?

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 and the reasons SBB chooses to share and whether you can limit this sharing. When you are no longer our customer, we continue to share your information as described in this notice.

Reasons we share your data	Do we share?	Can you limit this?
Everyday business (processing transactions, maintaining profiles, responding to legal orders, or reporting to credit bureaus, etc.).	Yes	No
Marketing purposes, like offering products and services to you.	Yes	No
Joint marketing with other financial companies.	Yes	No
Information about your transactions and experiences for our affiliates’ business purposes.	Yes	No
Information about your creditworthiness for our non-profit affiliate’s everyday business purposes.	Yes	No
For non-affiliates to market to you.	No	Don’t Share

How Does SBB 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, encryption, 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 SBB Collect My Personal Information?

We collect your personal information, for example, when you (i) open a profile, (ii) request a transfer, (iii) transact with merchants or peers, (iv) apply for a loan, or (v) provide profile information. 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 (i) sharing information about your creditworthiness for affiliates’ everyday business purposes, (ii) affiliates from using your information to market to you, and (iii) sharing information for non-affiliates to market to you.