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Privacy Policy

FACTS: What does MidWestOne 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 Account Balance.
  • Credit Scores and Employment Information.
  • Assets and Wire Transfer instructions
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 MidWestOne Bank chooses to share and whether you can limit this sharing.

REASONS WE CAN SHARE YOUR PERSONAL INFORMATION Does MidWestOne Bank share? Can you limit this sharing?
For our everyday business purpose: 

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 service to you

 
Yes No
For joint marketing with other financial companies Yes No
For our affiliates' everyday business purposes:

Information about your transactions and experiences
Yes No
For our affiliates' everyday business purposes:

information about your credit worthiness
No We don't share
For our affiliates to market to you Yes Yes
For nonaffiliates to market to you No We don't share
To limit our sharing
  • Call: 1-800-247-4418
    En Español: 319-688-3938
  • Click HERE to submit a Do Not Contact request.

Please note:  If you are a new customer, we begin sharing your information 30 days from the date we sent this notice.  When you are no longer a customer, we continue to share your information as described in this notice.  However, you can contact us any time to limit our sharing.

Questions

Call  1-800-247-4418 or go to www.midwestone.com/contact

What We Do
How does Midwestone 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.

How does midwestone bank collect my personal information?

We collect your personal information, for example, when you

  • Open an account or make deposits or withdrawals from your account.
  • Apply for a loan or direct us to buy securities.
  • Enter into an investment advisory contract.

We also collect your personal information from others, such as credit bureaus, 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 nonaffiliates to market to you.
What happens when i limit sharing for an account i hold jointly with someone else?

Your choices will apply to everyone on your account.

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • Our affiliate includes MidWestOne Insurance Services.
Non-affiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

  • Non-affiliates we share with can include insurance companies, direct marketing companies, and credit reporting agencies.
Joint marketing

A formal agreement between nonaffiliate financial companies that together market financial products or service to you.

  • Our joint marketing partners include brokerage firms and credit card companies.

Our Privacy Policy is also available as a PDF.