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 nonaffiliated third party, or simply, an "other party."
The Information We Collect
We collect information about you from the following sources
- Information you give us on applications or other forms
- Information about your transactions with us
- Information about your transactions with other parties
- Information from a consumer reporting agency
- Information we receive as a result of verifying customer information
The Confidentiality, Security, and Integrity of Your Information
We restrict access to information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards to protect this information.
Your Information and our Affiliates
We may disclose information about you to our affiliates. Here are the kinds of information and the source of that information: Transaction and experience information from our account records:
Information about your transactions and experience with us, such as:
Name
Address
Account Balances
Parties to the transactions
Credit card usage
Payment History
Federal law allows us to disclose the information listed above with our affiliates. You do not have a right to opt out of the disclosure of this information.
Other information not taken from transactions and experience:
Information you give us on application or other forms, such as:
Social Security Number
Assets
Income
Information we receive from a credit reporting agency, such as:
Creditworthiness
Credit history
You may opt out of the disclosure of the information listed above.
Types of Affiliates
We may disclose information about you to the following types of affiliates:
Financial service providers, such as:
Insurance companies
Banks
Investment companies
Reasons for Disclosure
We may disclose information about you to our affiliates:
to provide you with information about additional products and services.
to evaluate your total relationship with you and our family of companies and give you the best price that relationship deserves.
to allow you to share with us teh individual pieces of your overall financial plan.
Future Affiliate Disclosure
We also reserve the right to disclose information about you in the future with the following additional types of affiliates:
Financial service providers, such as:
Mortgage companies
YOUR INFORMATION AND OTHER PARTIES
We will not disclose information about you to anyone except as disclosed in this policy or as permitted by law. Examples of this might include disclosures necessary to service your account or prevent unauthorized transactions.
INFORMATION ABOUT FORMER CUSTOMERS
We have the same policy about disclosing information about former customers as we do current customers.
Financial service providers, such as:
AUTHORIZED SHARING - JOINT MARKETING
We may disclose the following information to other financial institutions with whom we have joint marketing agreements:
Information you give us on an application or other forms, such as:
Name
Address
Social Security Number
Types of Businesses
We may disclose information pursuant to joint marketing agreements to the following types of businesses:
Financial service providers, such as:
Insurance agents
Title Compnaies
Reasons for Disclosing
We may disclose information about you to other financial institutions with whom we have joint marketing agreements to provide you with information about additional products and services.
YOUR RIGHT TO BLOCK THE DISCLOSURE OF YOUR INFORMATION
Affiliates. We are permitted to disclose information about our transactions or experiences with you to affiliates. You do not have the right to opt out of the disclosure of this particular type of information. We may also disclose other information to our affiliates (that is, information beyond our transactions and experiences with you), unless you tell us to not disclose this other information.
Your decision to block the disclosure of your information will apply to information collected from all products and services you receive from us. Remember, though, that your opt out will not apply to information we share that is related to your actual transaction and experience with one of us, which we make available to our affiliates.
If you have obtained one or more products or services jointly, an opt out instruction by any party will be effective for all of that party's information we have collected and for all information collected in conjunction with the product or service for all other joint parties. If one of you chooses to opt out, no information we have collected about you will be shared, nor will we share information about any other joint party collected in conjunction with the product or service.
If you previously sent us an opt out, then we will continue to apply your instruction to the information you asked us not to share. You do not need to return another opt out form.
If you wish to opt out of the disclosure of your information, you may do so by checking the appropriate box(es) on the Opt Out Notice that you received with this notice and returning it to us at this address:
The Bank of Charlotte County
P.O. Box 336
Phenix, Virginia 23959
YOU HAVE THE RIGHT TO CHOOSE
In this notice, we have explained our policy about the disclosure of certain information.
Affiliates. We have explained the kinds of information we may disclose to our affiliates. We have also explained the kinds of affiliates with whom we may disclose the information. If you prefer that we do not disclose information to our affiliates you may opt out of those disclosures, that is, you may direct us not to make those disclosures (other than the disclosures permitted by law).
Your decision to block the disclosure of your information will apply to information collected from all products and services you receive from us. Remember, though, that your opt out will not apply to information we share that is related to your actual transaction and experience with one of us, which we make available to our affiliates.
If you have obtained one or more products or services jointly, an opt out instruction by any party will be effective for all of that party's information we have collected and for all information collected in conjunction with the product or service for all other joint parties. If one of you chooses to opt out, no information we have collected about you will be shared, nor will we share information about any other joint party collected in conjunction with the product or service.
If you previously sent us an opt out, then we will continue to apply your instruction to the information you asked us not to share. You do not need to return another opt out form.
If you wish to opt out of the disclosure of your information, you may do so by checking the appropriate box(es) below and returning this form to us at this address:
The Bank of Charlotte County
P.O. Box 336
Phenix, Virginia 23959
Do not share my information, other than information relating to your transactions and experiences with me, with your affiliates.
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Signature
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Name(s)
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Social Security Number(s)
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Account Number(s)
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Street Address Apt#
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City, State, ZIP
THE BANK OF CHARLOTTE COUNTY
101 BERKLEY STREET
PHENIX, VIRGINIA 23959
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