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New England Bank's Privacy Notice

New England Bank
855 Enfield Street, Enfield, Connecticut 06082
866-540-3696

Facts

WHAT DOES NEW ENGLAND BANK 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                           Payment History
  • Income                                                    Transaction or loss history
  • Account Balances                                    Checking account information

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 New England Bank chooses to share; and whether you can limit this sharing.

 

Reasons we can share your personal information

Does New England 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

No

We don’t share

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 non-affiliates to market to you

No

We don’t share


Questions?

Call toll-free 866-540-3696

What We Do

 

How does New England 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 also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access is appropriate.

How does New England Bank collect my personal information?

We collect your personal information, for example, when you

  • Open an account                           Provide Account Information
  • Apply for a Loan                          Make a Wire Transfer
  • Make Deposits or Withdrawals from your Account

We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.

Why can’t I limit 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 you

·         sharing for nonaffiliates to market to you

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

See below for more on your rights under state law.

 

Definitions

 

Affiliates

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

·         Our affiliates include:

  • Companies with a VBREO, LLC AND 70 Horizon Drive, LLC name

Nonaffiliates

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

·         New England 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.

·         New England Bank doesn’t jointly market.

 

Other Important Information

For Massachusetts , Mississippi and New Jersey Customers.  We will not share personal information from deposit or share relationships with nonaffiliates either for them to market to you or for joint marketing – without your authorization.

If you have any questions concerning our customer information policy, please contact our Compliance Office at 866-540-3696

 




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