PRIVACY POLICY ACT

FACTS

WHAT DOES NEWBANK

DO WITH YOUR PERSONAL INFORMATION?


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:

Social Security Number and Date of Birth, Address, Telephone Number

Account Balance and Transaction History

Credit Scores and Credit History


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 NewBank chooses to share; and whether you can limit this sharing.


Reasons we can share your personal information

Does NewBank 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

Yes

No

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 dont share

For nonaffiliates to market to you

No

We dont share


To limit our sharing

Call 800-207-2101 – our menu will prompt you through your choice(s) or

Visit us online: www.newbankusa.com

Please note:

If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice.

However, you can contact us at any time to limit our sharing.


Questions?

Call 800-207-2101 or go to www.newbankusa.com


Who we are

Who is providing this notice?

NewBank


What we do

How does NewBank 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.

How does NewBank collect my personal information?

We collect your personal information, for example, when you

open an account or make withdrawals from your account

apply for loan or give us your income information

make deposits or withdrawals from your account

We also collect your personal information from others, such as credit bureaus.

Why cant 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 nonaffiliates to market to you

State laws and individual companies may give you additional rights to limit sharing.

What happens when I limit sharing for an account I hold jointly with someone else?

We do not share your information


Definitions

Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

NewBank does not have any affiliates.

Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

NewBank does not share customers information with non-affiliates.

Joint marketing

A formal agreement between nonaffiliates financial companies that together market financial products or services to you.

None


Other important information


Copyright NewBank All Rights Reserved Any question to newbank@newbankusa.com Address : 146-01 Northern Blvd. Flushing, NY Tel : 718-353-9100, FAX Member of FDIC