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Privacy Policy | |||
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Your trust is the cornerstone of our relationship. That is why we work so diligently to safeguard your privacy. The information that you provide us is kept in the strictest of confidence. We have no intentions of selling personal information about our customers to third-party businesses. We are proud to make that commitment to you because your trust is the foundation of our business.
The following privacy policy explains how we use and protect the information about our customers. We ask that you read it carefully.
Notice of Your Financial Privacy Rights We, our, and us, when used in this notice, means ShoreBank. This is our privacy notice for our customers. When we use the words “you” and “your” we mean the following types of customers who have a continuing relationship with us, such as a:
We will tell you the sources of the information we collect about you. We will tell you what measures we take to secure that information. We first define some terms.
Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records. Hereafter, we will use the term “information” to mean nonpublic personal information as defined in this section.
An “affiliate” is a company we own or control, a company that owns or controls us, or a company that is owned or controlled by the same company that owns or controls us. Ownership does not mean complete ownership, but means owning enough to have control.
A nonaffiliated third party is a person we do not employ or a company that is not an affiliate of ours. This is also known as an “other party.”
The Information We Collect We collect information about you from the following sources:
Information We Disclose about You We may share personal information about you with our affiliates as permitted by law such as:
We may disclose information about you to the following types of affiliates:
Information We Share with Our Business Partners In order to support the products we offer to you, it may be necessary for us to provide information about you to our carefully selected vendors and service providers.
As required by law, our chosen vendors and service providers are contractually obligated to comply with strict standards of confidentiality and security of your information.
In addition, our business partners are only authorized to use this information for the sole purpose of providing the service we have asked them to perform for us.
Restricted Disclosure of Account Information to Outside Parties We do not disclose nonpublic information about you to any nonaffiliated third party unless:
Information about Former Customers We do not disclose information about former customers, except as permitted by law.
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