by freefind

Privacy Policy

rev. 11/2010

FACTS

What Does Merchants 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:

 

  • Social Security number and account balances
  • Payment history and credit history
  • Account transactions and checking account information

 

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 Merchants Bank chooses to share; and whether you can limit this sharing.

 

Reasons we can share your personal information

Does Merchants 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
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

For our affiliates to market to you

NO WE DON’T SHARE

 

Questions?

Call 610-588-0981 or go to www.merchantsbangor.com

 

What we do

How does Merchants 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 Merchants Bank collect my personal information?

We collect your personal information, for example, when you

 

  • Open an account or apply for a loan
  • Pay your bills or provide account information
  • Make deposits or withdrawals from your account

 

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 nonaffiliates 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.

 

  • Merchants Bank does not share with our affiliates.
Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

 

  • Merchants 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 partner is Lehigh Valley Financial Group.