Elsewhere Bank Consumer Privacy Policy
Protecting the privacy of consumer information held by “financial institutions” is at the heart of the financial privacy provisions of the Gramm-Leach-Bliley Financial Modernization Act of 1999. The GLB Act requires companies to give consumers privacy notices that explain the institutions’ information-sharing practices. In turn, consumers have the right to limit some – but not all – sharing of their information.
FACTS |
WHAT DOES ELSEWHERE BANK DO WITH YOUR PERSONAL INFORMATION? |
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:
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 Elsewhere Bank chooses to share; and whether you can limit this sharing. |
Reasons we can share your personal information |
Does Elsewhere 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 — with service providers we use to offer our products and services to you (please see below to limit the ways in which we contact you) | Yes | No |
| For joint marketing with other financial companies | No | We don’t share |
| For our affiliates’ everyday business purposes — information about your transactions and experiences | Yes | No |
| For our affiliates’ everyday business purposes — information about your creditworthiness | Yes | Yes |
| For our affiliates to market to you | Yes | Yes |
| For non-affiliates to market to you | No | We don’t share |
Questions? |
Call 1-800-555-9000 or visit elsewherebank.com |
What we do |
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| How does Elsewhere 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. |
| How does Elsewhere Bank collect my personal information? | We collect your personal information, for example, when you:
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:
State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law. |
Definitions |
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| Affiliates | Companies related by common ownership or control. They can be financial and non-financial companies.
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| Non-affiliates | Companies not related by common ownership or control. They can be financial and non-financial companies.
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| Joint marketing | A formal agreement between non-affiliated financial companies that together market financial products or services to you.
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Updates to this Privacy Policy
This Consumer Privacy Policy is subject to change. Please review it periodically. If we make changes to our Consumer Privacy Policy, we will edit the “Revised” date at the bottom of this page. Any changes to this Policy will become effective when we post the revised Policy on the Site. Your use of the Site following these changes means that you accept the revised Policy.
Revised: 2014-09-02