Privacy Policy

Protecting Your Privacy: Understand Spring Bank's Data Practices

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 income
  • Account balances and transaction history
  • Credit history and credit scores

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

Reasons we can share your personal information: Does Spring Bank share? Can you limit sharing?
For our everyday business purposes—such as to process your transaction, maintain your account(s), respond to court orders and legal investigations, or to 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 transaction and experiences No We Don’t Share
For our affiliates’ everyday business purposes- information about your creditworthiness No We Don’t Share
For our affiliates to market to you No We Don’t Share
For our nonaffiliates to market to you No We Don’t Share
Questions? Call 718-879-5000 www.spring.bank
Who we are
Who is providing this notice? Spring Bank, including its affiliates listed below
What we do
How does Spring Bank protect my personal information? To protect your personal information from unauthorized access and use, we use security measure that comply with federal law. These measures include computer safeguards and secured files and buildings. We restrict access to those who have a business purpose and we educate our employees on the importance of confidentiality.
How does Spring Bank collect my personal information? We collect your personal information, for example, when you:

  • Open an account or provide account information
  • Apply for a loan or show identification
  • Make deposits or withdraws from your account
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 market to you
  • Sharing for nonaffiliates to market to you

State laws and individual companies may give you additional rights to limit sharing.
Definitions
Affiliates Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • Our affiliates include Check Spring Financial Services, Inc.
Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies.

  • Spring Bank does not share with non-affiliates so they can market to you.
Joint Marketing A formal agreement between non-affiliate financial companies that together market financial products or services to you.

  • Spring Bank does not jointly market.
Other Important Information
New York Residents: Spring Bank will automatically limit the disclosure of your personal information in accordance with New York Law.

Mobile Privacy Disclosure

Why? The mobile application requests access to information stored on your device such as location, camera, contacts, or other features you are enrolled in to enrich and simplify your your own user experience and improve our services, as well as provide additional security to protect your account.

It is important for you to understand that:

  • Before granting access to the information, you will be prompted to give the application that permission.
  • If you do not wish to grant that permission, you may decline.
  • If you later change your mind, those permissions can be updated in your device’s settings.

 

What: The types of personal information we collect and share depend on the product or service you have with us. This information can include:

  • Location
  • Contacts
  • Camera

 

How: 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.

The application information is retained in accordance with state and federal record retention laws. Please contact us to determine specific timeframes for your personal stored information and if that information may be deleted.

Questions: Please contact Spring Bank at (718) 879-5000 regarding questions about the information included in this Mobile Privacy Disclosure or questions about our mobile applications.