What does New Republic 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.
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 credit scores
- Payment history and credit history
- Checking account information
- Wire transfer instructions
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 New Republic Bank chooses to share; and whether you can limit this sharing.
|REASONS WE CAN SHARE YOUR PERSONAL INFORMATION||DOES NRB 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||Yes||No|
|For our affiliates’ everyday business purposes – |
information about your transactions and experiences
|No||We don’t share|
|For our nonaffiliates’ everyday business purposes – |
information about your credit worthiness
|No||We don’t share|
|For our affiliates to market to you||No||We don’t share|
|For our nonaffiliates to market to you||Yes||Yes|
To Limit Our Sharing
Call (888) 619-6389 and our menu will prompt you through your choice(s).
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.
Call Holly Wilson, our Chief Compliance Officer, at (252) 410-7007 or at (888) 619-6389.
Who We Are
New Republic Bank
What We Do
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.
We collect your personal information, for example, when you:
- open an account;
- apply for a loan;
- provide account information;
- make a wire transfer;
- show your driver’s license
We also collect your personal information from others, such as credit bureaus, affiliates or other companies.
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.
Your choices will apply to everyone on your account.
Companies related by common ownership or control. They can be financial and nonfinancial companies.
- New Republic Bank does not share with our affiliates.
Companies not related by common ownership or control. They can be financial and onfinancial companies
- Nonaffiliates we share with can include a securities-broker dealer (New Republic Securities) and a registered investment advisor (New Republic Capital).
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Our joint marketing may include other financial sponsors.
Other Important Information
New Republic Bank endeavors to ensure that the personal information they hold is accurate and up-to-date. To assist us, we recommend that you advise us if there are any errors in your personal information and promptly update us with any changes to your personal information. We will send you a revised privacy notice if we make any material changes to our privacy notice.