|
PRIVACY POLICY NOTICE
Protecting your privacy is important to Martha's Vineyard Savings Bank and our employees. We want you to understand what information we collect and how we use it. In order to provide our customers with a broad range of financial products and services as effectively and conveniently as possible, we use technology to manage and maintain customer information. The following policy serves as a standard for all Martha's Vineyard Savings Bank employees for collection, use, retention, and security of nonpublic personal information. Martha’s Vineyard Savings Bank does not sell lists nor sell customer names and account information.
What Information We Collect
We may collect "nonpublic personal information" about you from the following sources:
· Information we receive from you on applications or other loan and account forms;
· Information about your transactions with us or others; and
· Information we receive from third parties such as credit bureaus.
Nonpublic Personal Information: Is information about you that we obtain in connection with providing a financial product or service to you. For example, nonpublic information includes information regarding your account balance, payment history, and overdraft history.
What Information We Disclose
We are permitted under law to disclose nonpublic personal information about you to third parties in certain circumstances. For example, we may disclose nonpublic personal information about you to third parties to assist us in servicing your loan or account with us, to government entities in response to subpoenas, and to credit bureaus. We do not disclose any nonpublic personal information about you to anyone, except as permitted by law and as disclosed below under "Third Parties".
If you decide to close your account(s) or become an inactive customer, we will continue to adhere to the privacy policies and practices described in this notice.
Our Security Procedures
We also take steps to safeguard customer information. We restrict access of your personal and account information to those employees who need to know that information to provide products or services to you. Employees who violate these standards will be subject to disciplinary measures. We maintain physical, electronic, and procedural safeguards to guard your nonpublic personal information.
Third Parties
We may exchange limited nonpublic personal information (described above) with companies that conduct marketing services on our behalf or with other financial institution partners to offer jointly endorsed financial products or services.
If you have any questions, please call the bank at(508) 627-4266 or contact your local branch office.
At Martha’s Vineyard Savings Bank, our mission is to serve our customers and
the community with the highest level of professional conduct. Safeguarding the privacy
of our customers is essential to the conduct of our business.
|
