What does Penn Community Bank do with your personal information?
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 kind of information is shared?
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
- Account balances and payment history
- Credit history and credit scores
Who is this information shared with?
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 Penn Community Bank chooses to share; and whether you can limit this sharing.
Reasons We Can Share Your Personal Information
Does Penn Community 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
For our marketing purposes – to offer our products and services to you
For joint marketing with other financial companies
For our affiliates’ everyday business purposes – information about your transactions and experiences
WE DON’T SHARE
For our affiliates’ everyday business purposes – information about your credit worthiness
WE DON’T SHARE
For our affiliates to market to you
For non-affiliates to market to you
WE DON’T SHARE
How can I limit what information is shared?
Please Note: If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.
We take your privacy seriously
The directors, management, and staff of the Penn Community family of affiliates are concerned about and respect the privacy of customers’ personal financial information. We understand that our customers furnish sensitive information to the bank in the course of our daily business, and we are committed to treating such information responsibly. We know that our customers expect privacy and security for their personal and financial affairs. We will take all the necessary steps to safeguard sensitive information that has been entrusted to us.
How Does Penn Community 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 Penn Community Bank Collect My Personal Information?
We collect your personal information, for example, when you:
- Open an account or apply for a loan
- Apply for insurance
- Enter into an investment advisory contract
- Direct us to buy or sell securities
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 credit worthiness
- 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.
What Happens When I Limit Sharing For An Account I Hold Jointly With Someone Else?
Your choice will apply to everyone on your account(s)
Affiliates – Companies related by common ownership or control. They can be financial and nonfinancial companies. Our affiliates include companies with a Penn Community/EagleView name; financial companies such as:
- Penn Community Bank
- Penn Community Insurance, Inc.
- Penn Investment Advisors, Inc.
Non-affiliates – Companies not related by common ownership or control. They can be financial and nonfinancial companies.
Joint marketing – A formal agreement between non-affiliated financial companies that together market financial products or services to you.
- Elan Financial Services
- Digital Insight Services
THIS NOTICE IS NOT A CONTRACT BETWEEN YOU AND PENN COMMUNITY BANK. THE TERMS OF THIS NOTICE MAY BE AMENDED OR REVISED AT ANY TIME. IN THE EVENT OF SUCH A CHANGE, WE WILL PROVIDE YOU WITH A REVISED PRIVACY NOTICE.