FACTS |
WHAT DOES PALMETTO HERITAGE 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
- Income
- Transaction or loss history
- Credit history
- Overdraft history
- 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 Palmetto Heritage Bank chooses to share; and whether you can
limit this sharing. |
Reasons we can share your personal information |
Does Palmetto Heritage Bank of Commerce 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 |
No |
We don't share |
| For joint marketing with other financial companies |
No |
We don't share |
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 non-affiliates to market to you |
No |
We don't share |
| What we do |
How does
Palmetto Heritage 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.
We also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access is appropriate.
|
How does Palmetto Heritage Bank collect my personal information? |
We collect your personal information, for example, when you
- Open an account
- Seek advice about your investments
- Give us your contact information
- Pay us by check
- Make a wire transfer
We also collect your personal information from others,
such as credit bureaus 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.
See below for more on your rights under state law.
|
| Definitions |
Affiliates |
Companies related by common ownership or control. They can be financial and non-financial companies.
- Palmetto Heritage Bank & Trust does not share with our affiliates.
|
Non-affiliates |
Companies not related by common ownership or control. They can be financial and non-financial companies.
- Palmetto Heritage Bank & Trust 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.
- Palmetto Heritage Bank & Trust doesn't jointly market.
|
| Other Important Information |
For Alaska, Illinois, Maryland and North Dakota Customers. We will not share personal information with nonaffiliates either for them to market to you or for joint marketing - without your authorization.
For California Customers. We will not share personal information with nonaffiliates either for them to market to you or for joint marketing - without your authorization. We will also limit our sharing of personal information about you with our affiliates to comply with all California privacy laws that apply to us.
For Massachusetts, Mississippi and New Jersey Customers. We will not share personal information from deposit or share relationships with nonaffiliates either for them to market to you or for joint marketing - without your authorization.
For Vermont Customers. We will not share personal information with nonaffiliates either for them to market to you without your authorization and we will not share personal information with affiliates or for joint marketing about your creditworthiness without your authorization. |
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