GENERAL PRIVACY NOTICE
Who We Are
Alta Trust is a South Dakota chartered trust company located in South Dakota with trust service offices located in the states of Colorado and Washington.
Alta Trust Company
3500 S. Phillips Ave., Suite 201
Sioux Falls, SD 57105
Phone: 605-271-1377
Alta Trust Company
9380 Station Str., Ste.
Lone Tree, CO 80124
Phone: 303-996-3781
Alta Trust Company
917 Shaw Street
Puyallup, WA 98372
Phone: 303-996-3781
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires that Alta Trust obtain, verify, and record information that identifies each person who opens an account.
Legal entities, domestic and foreign, can be used to facilitate money laundering and other crimes because their true ownership can be concealed. The collection of beneficial ownership information about legal entity customers can provide law enforcement with key details about suspected criminals who use legal entity structures to conceal their illicit activity and assets. Requiring legal entity customers to disclose identifying information, such as the name, date of birth, and Social Security number of natural persons who own or control them will make such entities more transparent, and thus less attractive to criminals and those who assist them. https://bsaaml.ffiec.gov/docs/manual/regulations/31CFR1010_230.pdf
What This Means For You
When you open an account, we will ask for your personal information, including but not limited to, your name, address, date of birth, and other information that will allow us to identify you. We may also ask for a copy of your driver’s license or other identifying documents.
Information Collected
Alta Trust collects and maintains information to provide services to our clients. The type of information that is collected includes name, phone number, email address, home address, date of birth, social security number, phone number and financial and investment information.
Alta Trust has established procedures to ensure accurate, current and complete information inaccurate information is promptly corrected.
Limited Employee Access
Alta Trust limits employee access to only those who must access such information. All new employees execute a confidentiality provision and receive regular client privacy training.
Why Information Is Collected
Alta Trust uses the information to accurately identify clients, to administer accounts and funds, and to complete general business. When a client submits information, consent for collection and retention is implied. Alta Trust provides an information notice to customers as part of onboarding.
Who We Share Information With
Alta Trust does not share or sell information for marketing or other purposes not referenced in this notice. Alta Trust may share information with service providers and vendors as needed for daily business and as required by the judicial or regulatory process. A third-party provider provides information technology support and as such, they have access to stored information.
How Long Information is Retained
Information, as described in this notice, is retained indefinitely for business purposes as storage space allows.
What Rights Clients Have Over Information
Clients may email compliance@trustalta.com to request a report of their information held at Alta Trust. The client can also request that any personal data we hold about you be deleted; although, this will not include the data we are obligated to keep for administrative or legal purposes.
How Information Is Protected
Alta Trust employs multiple defense measures including a secure firewall, antivirus software, data and email encryption, dual authentication and regular training.
Questions and Concerns Can Be Sent To
Brenda Eich, Chief Compliance Officer
3500 S Phillips Ave, Ste 201
Sioux Falls, South Dakota 57105
Telephone: 303-996-3781
Email: compliance@trustalta.com
PRIVACY NOTICE FOR ALTA TRUST WEBSITE
Who We Are
Alta Trust is a South Dakota chartered trust company located in South Dakota with trust service offices located in the states of Colorado and Washington.
Scope
This Policy applies to Alta Trust’s relationships with potential clients and current clients who inquire about products and services. The General Data Protection Regulation applies to our collection and retention of information and client rights for potential and current clients and who are not citizens of the United States.
What Information Is Collected and Why We Collect It
Alta Trust collects information such as a name, phone number, email address, home address, date of birth, social security number, telephone number and financial and investment information. Alta Trust has procedures to ensure that the information collected is accurate, current and complete and that inaccurate information is promptly corrected.
Alta Trust collects the information to comply with rules, regulations and guidelines. Alta Trust uses the information to administer accounts and funds, complete general business, and serve our clients. Clients who make contact on the Alta Trust website give implied consent for collection and retention of the information submitted for normal business usage.
Embedded Content
Content on Alta Trust’s website may include embedded content such as links and the embedded content acts as if the client had viewed the other website, page or document. The website may collect data about you such as pages visited, duration of time on the website, and other general information. We use this information to analyze our website’s functionality and effectiveness and make improvements when needed. The website may use cookies to track interaction.
Who We Share the Information With
Alta Trust does not share or sell information for marketing or other purposes not referenced in this notice. GoDaddy is the host to our website and has access to information. Website
administrators also have access to data collected and stored through the website.
How Long Data is Retained
Data collected, as described in this notice, is retained indefinitely for customer service purposes and as storage space allows.
What Rights Clients Have Over Information
Clients may email compliance@trustalta.com to request a report of their information held at Alta Trust. The client can also request that any personal data we hold about you be deleted; although, this will not include the data we are obligated to keep for administrative or legal purposes.
Where Information and Information is Sent
Alta Trust’s website information is on a secure server in the United States of America.
How Information is Protected
Alta Trust employs multiple security defensive measures including a secure firewall, antivirus software, data and email encryption, dual authentication and regular training.
Contact for Questions and Concerns
Brenda Eich, Chief Compliance Officer
3500 S Phillips Ave., Ste 201
Sioux Falls, South Dakota 57105
Telephone: 303-996-3781
Email: compliance@trustalta.com
