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 us to tell you how we 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:
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. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Progress Bank chooses to share; and whether you can 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
For our affiliates' everyday business purposes— information about your creditworthiness
For nonaffiliates to market to you
How does Progress 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. We restrict access to your information to those employees who need the information to provide products and services to you or to administer your accounts. In addition, we maintain administrative, technical, and physical safeguards that comply with federal standards to guard your information.
How does Progress Bank collect my personal information?
We collect your personal information, for example, when you
open an account or deposit money
pay your bills or apply for a loan
use your debit card to perform a transaction with us and others
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 creditworthiness
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.
Affiliates: Companies related by common ownership or control. They can be financial and nonfinancial companies. Progress Bank has no affiliates.
Nonaffiliates: Companies not related by common ownership or control. They can be financial and nonfinancial companies. Progress Bank does not share with nonaffiliates so they can market to you.
Joint marketing: A formal agreement between nonaffiliated financial companies that together market financial products or services to you. Progress Bank does not jointly market.
Other Important Information: Progress Bank may change the policies and procedures provided in this Privacy Statement, due to changes in the law or changes in our operations, and we will notify you of these changes as required by law.
Institutions within Progress Bank
Progress Bank, a wholly owned subsidiary of Progress Financial Corporation.