Rev July 2016
FACTS
FACTS
WHAT DOES CHARLES RIVER BANK DO WITH YOUR PERSONAL INFORMATION?
Why?
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?
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 income
- payment history and overdraft history
- account balances and transaction or loss history
When you are no longer our customer, we continue to share your information as described in this notice.
How?
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 Charles River Bank chooses to share; and whether you can limit this sharing
Reasons we can share your personal information
Does Charles River 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
- Does Charles River Bank Share? Yes
- Can you limit this sharing? No
Yes
No
For our marketing purposes – to offer our products and services to you
- Does Charles River Bank Share? Yes
- Can you limit this sharing? No
Yes
No
For joint marketing with other financial companies
- Does Charles River Bank Share? Yes
- Can you limit this sharing? No
Yes
No
For our affiliates’ everyday business purposes – information about your transactions and experiences
- Does Charles River Bank Share? No
- Can you limit this sharing? No
No
No
For our affiliates’ everyday business purposes – information about your creditworthiness
- Does Charles River Bank Share? No
- Can you limit this sharing? No
No
No
For nonaffiliates to market to you
- Does Charles River Bank Share? No
- Can you limit this sharing? No
No
No
Questions?
Call 508-533-8661 or go to www.charlesriverbank.com
Who we are
Who is providing this notice?
Charles River Bank
What we do
How does Charles River Bank protect my personal information?
To protect your personal information from unauthorized accessand use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Charles River Bank maintains 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 Charles River Bank collect my personal information?
We collect your personal information, for example, when you
- open an account or apply for a loan
- use your credit or debit card or pay your bills
- seek financial or tax advice
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.
- Charles River Bank has no affiliates.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Charles River Bank does not share with non affiliates 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 insurance companies and direct marketing companies.
If you are 65 or older or are 18 or younger, you may be eligible for reduced fees and service charges. For additional information about your eligibility, please speak with a Personal Banker at 508-533-8661.