Reliance Bank will be closed Thurs. July 4th, 2024. Happy 4th of July!

Reliance Bank is closed Saturday Nov. 11th, 2023 for Veteran’s Day!

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Privacy Notice

What does Reliance Bank do with 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.  
 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
  • Credit History
  • Credit Scores
When you are no longer our customer, we continue to share your information as described in this notice.
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 Reliance Bank chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information
Does Reliance 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 Yes No
For our marketing purposes ‐ to offer our products and services to you No We don't share
For our joint marketing with other financial companies No We don't share
 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 No We don't share
Questions? Call (507) 331-2493 or go to
Who We Are
Who is providing this notice? Reliance Bank, 2300 NW 30th Street, Faribault, MN  55021
What We Do
How does Reliance 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 Reliance Bank collect my personal information?

 We collect your personal information, for example, when you

  • Open an account
  • Pay your bills
  • Apply for a loan
  • Use your credit or debit card
  • 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.
Other Important Information
Collected Information: We may collect information regarding your mobile device such as device settings, unique device identifiers, information about your location, and analytical information that may assist with diagnostics and performance. For your convenience, you may be asked to grant permission for access to your mobile device's geolocation data. This information may be collected when you use certain services that are dependent on your mobile devices' location (such as the location of an ATM or in store transactions).