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 balances
• Credit history and credit scores
• Income and payment history

When you are no longer our customer, we continue to share your information as described in this notice

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 Granite Bank chooses to share; and whether you can limit this sharing.

For questions call (320) 685-8611 or go to granitebank.com

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.

Notify us if we report any inaccurate information about your account(s) to a consumer reporting agency. Your written notice describing the specific inaccuraies should be sent to the Compliance Officer.

We collect your personal information, for example, when you

• apply for a loan or give us your income information
• open an account or provide account information
• provide employment information

We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.

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

• Our affiliates include financial companies such as Granite Insurance Agency Inc. and Granite Investment Services.

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

• Granite Bank does not share with nonaffiliates so they can market to you

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

• Granite Bank does not share with nonaffiliates so they can market to you.

Granite Bank is committed to safeguarding your privacy and ensuring the security of your
personal information. This Privacy Policy outlines how we collect, use, and disclose your data
when you use our banking app available on Google Play. By using our app, you consent to the
practices described in this policy.

Information We Collect
Camera and Images: The Granite Bank Mobile Banking App may request access to
your device’s camera and images. This access is used for the purpose of personalizing
your banking experience by allowing you to capture images of checks, documents, or
other relevant information.

Contacts: We may also request access to your device’s contacts. This access is used to
simplify the process of transferring funds to your contacts or to help you find and connect
with your contacts who are also using our banking services.

How We Use Your Information
Personalization: Access to your camera and images allows us to offer you a personalized
banking experience. For example, you can easily deposit checks by capturing images, and
we can assist you in organizing and managing your financial documents.

Contacts Integration: Access to your contacts enables us to streamline interactions with
your friends and family who also use our app. You can initiate fund transfers or payments
more conveniently.

Your Choices
You have the right to grant or revoke access to your camera, images, and contacts at any time through your device’s settings. Please be aware that revoking access to certain features may limit the functionality of our app.

Changes to this Policy
We may update this Privacy Policy to reflect changes in our practices or applicable laws. Any
updates will be posted on our website and within our app. Please review this policy periodically
to stay informed about how we handle your data. By using our app, you acknowledge and agree to the terms outlined in this Privacy Policy.

Click Here for a Printable Version of the Privacy Policy

Granite Bank Website Terms & Conditions

THESE TERMS GOVERN THE USE OF THIS WEBSITE. PLEASE READ THEM CAREFULLY BEFORE ACCESSING THE SITE. IF YOU DO NOT AGREE WITH THESE TERMS DO NOT ACCESS THE WEBSITE. BY ACCESSING THE WEBSITE OR ANY OF ITS PAGES YOU AGREE TO BE BOUND BY THESE TERMS OF USE.

This website has been established by the Bank for the sole purpose of conveying information about the Bank’s products and services and to allow communication between the Bank and its customers. Information that appears on this website should be considered an advertisement. Nothing contained in any page on this site takes the place of the bank’s agreements and disclosures that govern its products and services. If any information on the site conflicts with that in the bank’s agreements and disclosures, the agreements and disclosures will control.

From time to time the Bank may place links to other websites on this page. The Bank has no control over any other website and is not responsible for the content on any site other than this one. Users assume all responsibility when they go to other sites via the links on this page.

The information and materials contained in this website are owned by the Bank or by others, as applicable. No material may be copied, displayed, transmitted, distributed, framed, sold, stored for use, downloaded, or otherwise reproduced except as permitted by law.

The Bank makes no warranties of any kind regarding the products and services advertised on this site. The Bank will use reasonable efforts to ensure that all information displayed is accurate; however, the Bank expressly disclaims any representation and warranty, expressed and implied, including, without limitation, warranties of merchantability, fitness for a particular purpose, suitability, and the ability to use the site without contracting a computer virus. The Bank is not responsible for any loss, damage, expense, or penalty (either in tort, contract, or otherwise), including direct, indirect, consequential and incidental damages, that result from the access of or use of this site. This limitation includes, but is not limited to the omission of information, the failure of equipment, the delay or inability to receive or transmit information, the delay or inability to print information, the transmission of any computer virus, or the transmission of any other malicious or disabling code or procedure. This limitation applies even if the Bank has been informed of the possibility of such loss or damage.

This agreement may be changed from time to time by posting the new Terms of Use on the website. All users agree to be subject to this agreement as it changes from time to time.

This agreement and the use of this website are governed by the laws of the State of Minnesota.

Online Security

Granite Bank’s online banking system employs layered security to authenticate the identity of our customers and minimize the risk of unauthorized access to your accounts.

Our Online Banking System allows you to set-up a wide assortment of account alerts, which you can tailor to meet your individual needs. You can receive an email alert anytime any of the following occur:

·         Password change attempt

·         Log-in from outside a specified geographic region (e.g. out of state)

·         Internal transfer amount greater than $xxx.xx

·         Additional personalized notifications can also be customized online also

Online Security Recommendations
to learn more about Online Security please refer to; http://www.onguardonline.gov/

To report a lost or stolen Debit Card call Granite Bank: (320) 685-8611.
To report a lost or stolen Granite Bank Debit Card outside of Granite Bank hours call: (844) 202-5333.
To report a lost or stolen Granite Bank Credit Card call: (800) 423-7503.

SAFE Act

All of our mortgage loan originators are registered with the Nationwide Mortgage Licensing and Registry System, as required by the Secure and Fair Enforcement Act (S.A.F.E Act). To confirm that your mortgage loan officer is registered, you can visit the NMLSR website and enter their Unique Identifier or name. If you have already applied for a mortgage loan, the Unique Identifier of your mortgage loan officer was provided to you on the first written communication you received in connection with your application. The unique Identifier for Granite Bank is 405434; if you would like the Unique Identifier of a loan officer, feel free to contact us at 320-685-8611.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING OR CHANGING AN ACCOUNT WITH GRANITE BANK

Section 326 of the USA PATRIOT ACT requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account or changes an existing account. This federal requirement applies to all new customers and current customers. This information is used to assist the United States government in the fight against the funding of terrorism and money-laundering activities.

What this means to you: when you open an account or change an existing account, we will ask each person for their name, physical address, mailing address, date of birth, and other information that will allow us to identify them. We will ask to see each person’s driver’s license and other identifying documents and copy or record information from each of them.

Click Here for a Printable Version of the USA Patriot Act

Our general policy is to allow you to withdraw funds deposited in your account on the first business day after we receive the deposit.  In some cases, we may delay your ability to withdraw funds beyond the first business day.  Then, the funds will generally be available by second business day after the day of deposit.