Privacy Disclosure
CLIENT PRIVACY AND CONFIDENTIALITY
The purpose of this notice is to inform you how Square 1 Bank protects and uses your personal information. Our goal is to provide you with the best financial solutions and to ensure information you share with us remains confidential.
Information We Collect
In order to provide financial products and services to you, we collect data, including nonpublic personal information, about you from the following sources:
- Information we receive from you on your loan or account application forms
- Information about your transactions with us or others
- Information received from third parties such as credit bureaus
Information We Disclose
We do not disclose any nonpublic information to non-affiliated third parties except as permitted by law or authorized by you. If you decide to close your account(s) or become an inactive customer, we will continue to adhere to the privacy and confidentiality practices as described in this notice.
Our Security Procedures
To protect customer information, we restrict information access by our employees to those who need to know that information to provide products or services to you. The Bank enforces employee safeguard requirements and confidentiality agreements. The bank maintains physical, electronic, and other appropriate safeguards that comply with federal standards to guard your nonpublic personal information.
The Square 1 Bank Web Site
We do not collect or store information when individuals visit our web site. To ensure your online banking is secure, we use technology that encrypts information so it remains private between you and the bank's network. Your online banking information is secured through the use of a unique login ID and its associated password.
Questions
If you have additional questions regarding this disclosure, please call Square 1 Bank at 919.314.3040 or write to us
Square 1 Bank
Attn: Security Officer
406 Blackwell Street, Suite 240
Durham, NC 27701
You may also e-mail us, information@square1bank.com.
Square 1 Bank reserves the right to change this policy and notify you of changes as required by law.
