Privacy Statement
What Quontic Bank does with your Personal Information
Why?
Financial companies choose how they share your personal information. Federal law gives consumers the right to do 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 Overdraft History.
- Transaction History and Payment 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 Quontic Bank chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information. | Does Quontic Bank share? | Can you limit this sharing? |
|---|---|---|
For our everyday business purposes | Yes | No |
For our marketing purposes | Yes | No |
For joint marketing with other financial companies | No | Not Shared |
For our affiliates’ everyday business purposes | No | Not Shared |
For our affiliates’ everyday business purposes | No | Not Shared |
For non-affiliates to market to you | No | Not Shared |
Questions?
Who is providing this notice?
How does Quontic 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 maintain physical electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.
How does Quontic Bank collect my personal information?
We collect your personal information, for example, when you:
- Apply for a loan – or
- Deposit money – or
- Give us your employment history – or
- Open an account – or
- Show your driver’s license.
We also collect your personal information from others, such as credit bureaus, affiliates, and other companies.
Why can't I limit all sharing?
Federal law gives you the right to limit only:
- Sharing for affiliates’ everyday 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.
'Affiliates' Definition
Companies related by common ownership or control. They can be financial and non-financial companies.
Quontic Bank does not share personal information with affiliates.
'Non-Affiliates' Definition
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
Quontic Bank does not share personal information with non-affiliated third parties.
'Joint Marketing' Definition
A formal agreement between non-affiliated financial companies that together market financial products or services to you.
Quontic Bank does not engage in joint marketing.
Mobile Privacy Disclosure
What does Quontic do with your personal information from the mobile application?
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 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 this 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?
Some examples of information your app will request access to are:
- 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.
