Privacy Notice

What does Square 1 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 privacy disclosure carefully to understand what we do.


Examples of the types of personal information we may collect and share depend on the products or services you have with us. This information can include:

  • Social Security / TIN numbers
  • Assets and income information; credit history
  • Account balances and transaction history

When you are no longer our client, we may continue to share your information as described in this notice.


All financial companies need to share your 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 Square 1 chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Square 1 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 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 our affiliates to market to you Yes Yes
For non-affiliates to market to you No We don’t share


To Limit Sharing

Call 1.866.355.0468
Or Write Attn Client Services, 406 Blackwell Street, Suite 240, Durham, NC 27701


Call 1.866.355.0468
Or Write Attn Client Services, 406 Blackwell Street, Suite 240, Durham, NC 27701

Who We Are

Who is providing this notice?

This privacy notice is applicable to Square 1 Financial, Inc., Square 1 Bank and their affiliates.

What We Do

How does Square 1 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 office buildings.

How does Square 1 collect my personal information?

We collect your personal information, for example, when you:

  • Open an account or pay your bills
  • Use your credit or debit card or deposit money
  • Apply for a loan

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.



Companies related to common ownership or control. They can be financial and non-financial companies. Our affiliates include:

  • Square 1 Financial, Inc.
  • Square 1 Ventures
  • Square 1 Asset Management

Companies not related by common ownership or control. They can be financial or non-financial companies. Square 1 does not share your personal information with non-affiliates so they can market to you.

Joint Marketing

A formal agreement between non-affiliated financial companies that together market financial products or services to you, which may include credit card companies and payment services companies.

Other Important Information

This notice applies to clients or former clients. This notice replaces all previous versions of our privacy disclosure, and may be amended at any time. We will keep you informed of changes or amendments as required by law.