Privacy Notice                                 

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 checking account information
• account balances and transaction history
• payment history and credit history

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 Guaranty Bank (d/b/a BestBank in Michigan and Georgia) chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Guaranty Bank (d/b/a BestBank in Michigan and Georgia) share?

Can you limit this sharing?

For our everyday business purposes – 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 services 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

NO

We don't share

For our affiliates’ everyday business purposes –

information about your creditworthiness

NO

We don’t share

For our affiliates to market to you

NO

We don’t share

For nonaffiliates to market to you

YES

YES

 To limit our sharing

• Call 1-800-235-4636
• For loan customers, press option 1, 2, 0
• For deposit customers, press option 8, 0

Please note:

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

Questions?

Call 1-800-235-4636

Who we are

Who is providing this notice?

Guaranty Bank (d/b/a BestBank in Michigan and Georgia)

What we do

How does Guaranty Bank (d/b/a BestBank in Michigan and Georgia) 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 Guaranty Bank (d/b/a BestBank in Michigan and Georgia) collect my personal information?

We collect your personal information, for example, when you

• open an account or show your government-issued ID
• apply for a loan or give us your contact information
• make deposits or withdrawals from your account

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

• sharing for affiliates’ everyday business purposes –information about your creditworthiness
• affiliates from using your information to market to you
• sharing for nonaffiliates to market to you

State laws and individual companies may give you additional rights to limit sharing.

What happens I limit sharing for an account I hold jointly with someone?

 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.

• Guaranty Bank (d/b/a BestBank in Michigan and Georgia) has no affiliates.

Nonaffiliates

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

• Nonaffiliates we share with can include mortgage companies.

Joint marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

• Our joint marketing partners include companies such as credit card companies, insurance companies, merchant service companies and mortgage companies.

Other important information

Guaranty Bank does business as BestBank in Georgia and Michigan.