Privacy Policy
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 financial institutions to tell you how they 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
- Account balances
- Payment history
- Transaction history
- Credit history
- Credit scores
- 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. Below are the reasons Bank of Luxemburg may share your personal information:
- For everyday business purposes such as processing transactions, maintaining accounts, responding to court orders, and reporting to credit bureaus
- For marketing purposes to offer our products and services
- For joint marketing with other financial companies
- For our affiliates’ everyday business purposes
- For non-affiliates to market to you
- Federal law gives you the right to limit some of these types of sharing.
How Does Bank of Luxemburg 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
- Secured files and buildings
- Physical, electronic, and procedural safeguards
- Limiting employee access to those who need it to perform their job responsibilities
How Does Bank of Luxemburg Collect My Personal Information?
We collect your personal information, for example, when you:
- Open an account
- Apply for a loan
- Provide your contact information
- Show your government-issued ID
- Show your driver’s license
- We may also collect information from others, such as:
- Credit bureaus
- Affiliates
- Other companies
Why Can’t I Limit All Sharing?
- Federal law gives consumers the right to limit only certain types of sharing, including:
- Sharing for affiliates’ everyday business purposes (information about your creditworthiness)
- Affiliates using your information to market to you
- Sharing with 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 non-financial companies.
- Non-Affiliates - Companies not related by common ownership or control. They can be financial and non-financial companies.
- Joint Marketing - A formal agreement between non-affiliated financial companies that together market financial products or services to you.
Questions?
If you have questions about this privacy disclosure, please contact:
Last updated: 6.2024