FDIC-Insured - Backed by the full faith and credit of the U.S. Government The Laws Regarding 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.
Types of Personal Information Collected
- 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 transaction history
- Credit history and overdraft history
- When you are no longer our customer, we continue to share your information as described in this notice.
Reasons Why Personal Information May Be Shared
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 Essex Bank chooses to share; and whether you can limit this sharing.
| Reasons we can share your personal information | Does Essex Bank 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 | Yes | No |
| For our marketing purposes – to offer our products and services to you | Yes | No |
| For joint marketing purposes with other financial companies | No | We don’t share |
| For our affiliates’ everyday business purposes – information about your transactions and experiences | Yes | No |
| For our affiliates’ everyday business purposes – information about your creditworthiness | No | We don’t share |
| For nonaffiliates to market to you | No | We don’t share |
Frequently Asked Questions About Personal Information
Mobile App Location Tracking
- Location Information: If you have enabled location services on your phone and agree to the collection of your location when prompted by the Services, we will collect location data when you use the Services, even when the app is closed or not in use; for example, to provide our fraud detection services. If you do not want us to collect this information, you may decline the collection of your location when prompted or adjust the location services settings on your device.
- Opting Out of Location Tracking: If you initially consented to the collection of geo-location information through the Services, you can subsequently stop the collection of this information at any time by changing the preferences on your mobile device. Please note, however, that if you withdraw consent to our collection of location information, you may no longer be able to use some features of the App.
Personal Information Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies, such as our subsidiary, Essex Financial Services, Inc.
Nonaffiliates
Companies NOT related by common ownership or control. They can be financial and nonfinancial companies. Essex Bank does not share with nonaffiliates.
Joint marketing
A formal agreement between nonaffiliated financial companies that together market financial products or services to you. Essex Bank does not jointly market.
Questions Regarding Your Personal Information
If you have questions related to this notice, please call (860) 767-4414.
Other Notes About Personal Information
- As an organization that collects Social Security numbers in the normal course of business, Essex Bank is committed to protecting the confidentiality of Social Security numbers and other information capable of being associated with a particular individual (“personal information”).
- To meet this commitment, we have implemented policies and procedures which are designed to protect the confidentiality of Social Security numbers; prohibit unlawful disclosure of Social Security numbers; and limit access to Social Security numbers.