This
Privacy Disclosure outlines our information sharing
practices so that you
understand
how we protect your privacy when we collect
and use information
about you, and the measures we take to safeguard that information. In this
Privacy Disclosure, ColeTaylorBank may be referred to as "we," "our," "us," or
one of our "affiliates."
The Information
We Collect We rely on many sources of information to help
us understand and meet your financial needs.
On occasion, we enter into agreements with
other companies
to provide services to us or to make additional products and services available
to you. We carefully stipulate under these agreements that these companies
may receive nonpublic personal information about you, and that they must protect
this information and may not use it for any other purpose other than in connection
with our agreement. "Nonpublic personal information" is nonpublic
financial information about you that we obtain in connection with providing
a financial product or service to you. We may collect nonpublic personal information
about you including:
Information about your transactions
with us, our affiliates or nonaffiliated third
parties such as account balances, payment history
and account activity;
Information we receive about
you from applications and other forms, which
we have collected by your using products or
services obtained from us, one of our affiliates
or nonaffiliated third parties, such as your
name, social security number, telephone number,
occupation, income and other assets;
Information we receive from
consumer reporting agencies such as credit
bureaus, including information relating to
your credit worthiness; and
Information we receive from
other sources, such as your employer and other
third parties.
Why We Collect
Information ColeTaylorBank uses nonpublic personal information
about you to:
Accurately identify you;
Protect and administer your
records, accounts and funds;
Help us notify you of product
enhancements and changes to products;
Save you time when you apply
for additional products and services;and
Comply with certain federal
and state laws and regulations.
Information
We Share With Others Types of Information Shared:
We are permitted under law
to share nonpublic personal information obtained
about you or your account as described above
in The Information We Collect (such as your
account balance and your payment history with
us).
We also may share with our
affiliates information we receive from you
in applications, information obtained by your
use of our products and services and information
from credit reporting agencies.
Parties Who
Receive Information We are permitted under law to disclose nonpublic
personal information about you to our affiliates
and "nonaffiliated third parties" (i.e.,
third parties that are not members of our corporate
family) in certain circumstances.
We do not disclose any nonpublic personal information about you to any other
third parties, except as permitted by law. For example, we may disclose nonpublic
personal information about you to:
Financial service providers,
such as companies engaged in banking, credit
cards, consumer finance, securities and insurance,
in order to offer you a product or service
or to service your loan or account;
Non-financial organizations
such as companies engaged in direct marketing;
Others, such as governmental
entities in response to subpoenas as well as
governmental regulators and consumer reporting
agencies.
We may disclose the information
described above in The Information We Collect
to companies that perform marketing services
on our behalf or to other financial institutions
with whom we have joint marketing agreements.
Former Customers If you close your accounts with ColeTaylorBank,
the information sharing policies and practices
described in this Privacy Disclosure will still
apply to you, as well as the opt out choices
described below.
Information Security We restrict access to nonpublic personal information about you to those who
need to have that information to provide products or services to you. If we
use other companies to provide products or services to you, we require that
they keep the information we share with them safe and secure. We have physical,
electronic and procedural safeguards in place that comply with federal requirements
to store and secure information about you from unauthorized access, alteration
and destruction.
Restricting
Disclosure of Information About You If you are comfortable with the way Cole Taylor Bank handles your information,
no action is required. If you prefer that we only share with our affiliates
information obtained from your transactions with us, but not share with our
affiliates any information obtained about you from other sources, then you
should complete the Opt Out Form and mail it to us.
If you choose to "opt out" of information
sharing, it restricts the sharing of information
with our affiliates; however, ColeTaylorBank
is not
prohibited from contacting you about additional products and services.
ColeTaylorBank Opt Out
Form If you prefer that
we not share certain information about you
with our affiliates as described in the Privacy
Disclosure, you may "opt out" by
checking the box below, providing the information
requested, printing, signing and dating this
notice and mailing it to Cole Taylor Bank.
Do not share information about me, other than information obtained from my
transactions with you, among the ColeTaylorBank family companies (affiliates).
Name:
Address:
City:
State:
Zip:
Telephone Number :
ColeTaylorBank Account Number
:
(any one of your CTB accounts)
Your Signature: _______________________________________________
Date:
Please print, sign and mail this form in a stamped envelope to:
Cole
Taylor Bank
Department O
P.O. Box 88481
Chicago, IL 60680-1481
Please allow approximately
30 days from our receipt of your completed
notice for your choice to become effective.
Any previous privacy instructions will remain
in effect until you request a change.
Equal Housing Lender |
Copyright 2007 |
All rights reserved