Privacy Policy

Your stuff is your stuff, but sometimes we share it when we legally have to, or we think it will help us serve you better.  What does LifeSteps Bank do with your personal information?

Rev. Date 4/24

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
  • Account balances
  • Payment history
  • Checking account information
  • Overdraft 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 LifeSteps Bank chooses to share, and whether you can limit this sharing.
Reasons We Can Share Your Personal Information Does LifeSteps Bank 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.  This is the legal stuff we mentioned at the top of the page.		 Yes No
For our marketing purposes–
to offer our products and services to you.		 Yes No
For joint marketing with other financial companies No We Do Not Share
For our affiliates' everyday business purposes–
information about your transactions and experiences		 No, because we have no affiliates. Without any affiliates, there is nothing to share.
For our affiliates' everyday business purposes–
information about your creditworthiness		 No, because we have no affiliates, no one is going to know about your creditworthiness. Without any affiliates, there is nothing to share.
For our affiliates to market to you No.  We have no affiliates. Without any affiliates, there is nothing to share.
Questions
Call us toll-free at 800-432-6785.  It rings right in the branch and you'll reach someone that will pick up the phone between the hours of 8 a.m. and 5 p.m. each weekday.  Unless it's a bank holiday.  Then you can go to our website and log in to see your account activity.
Who We Are
Who is providing this notice? LifeSteps Bank & Trust, doing business as Community Bank & Trust - Alabama ("LifeSteps Bank" or "Bank"
What We Do
How does LifeSteps 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.
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 LifeSteps Bank collect my personal information? We collect your personal information, for example when you:
  • Open an account or pay your bills
  • Apply for a loan or make deposits or withdrawals from your account
  • Provide your mortgage 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:
  • sharing for affiliates' everyday business purposes and since we don't have any affiliates, we won't be doing any sharing with them.
  • information about your creditworthiness
  • affiliates from using your information to market to you
  • sharing for non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.  Look at the table above to see what we share and what we don't.
Definitions
Affiliates Companies related by common ownership or control. They can be financial and non-financial companies.
  • LifeSteps Bank & Trust has no affiliates, financial or non-financial.  When we do, we'll let you know.
Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies.
  • LifeSteps Bank does not share with non-affiliates so they can market to you.
Joint marketing A formal agreement between non-affiliated financial companies that together market financial products or services to you.
  • Our joint marketing partner(s) include debit and credit card companies, reward programs, and insurance companies.
Other Important Information if you are in California:
In accordance with California law, LifeSteps Bank will not share information we collect about California residents with companies outside of LifeSteps Bank, except as permitted by law, such as legal processes or as required to service your account. We will limit sharing within our company to the extent required by applicable California law.