Privacy Policy
Time Bank Privacy Policy
Revised 01/2018
Facts
What does TIME BANK do with your personal information?
What?
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 and account balances
• account transactions and overdraft history
• transaction history and wire transfer instructions
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 TIME BANK chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information
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
Yes
No
For joint marketing with other financial companies
Yes
No
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
No
We don’t share
No
We don’t share
What we do
How does TIME 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 TIME BANK collect my personal information
We collect your personal information, for example, when you
- deposit money or open an account
- apply for a loan or make a wire transfer
- show your driver’s license
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 non affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
TIME BANK does not share with our affiliates.
Non-affiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
TIME BANK does not share with nonaffiliates so they can market to you”.
Joint Marketing
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
Our joint marketing partners include credit card companies