Privacy Policy

At Peoples Bank, the basis of each customer relationship is trust. You have chosen to do business with us, and we are obligated to honor that relationship with great care, beginning with the informa­tion you have chosen to share with us. We believe that your privacy should not be compromised. At the same time, we want to offer you the array of financial products and services you need to accomplish your financial goals. We believe we can do both through the Privacy Policy outlined below.

Peoples Bank recognizes and respects the privacy expectations of our customers. We want our customers to understand our commitment to privacy in our use of customer informa­tion. As a result of our commitment, we have developed this Privacy Policy, which is made readily available to our customers. We will continue to maintain our dedication to protecting your privacy and will provide notice of our privacy policy annually to you. Customers who have questions about this Consumer Privacy Policy or have a question about the privacy of their customer informa­tion should call Peoples Bank at 828-464-5620, 800-948-7195, or e-mail us at privacy@peoplesbanknc.com.

FACTS

WHAT DOES PEOPLES BANK DO
WITH YOUR PERSONAL INFORMATION?
   Rev 08/2016

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 payment history
  • Credit history and transaction 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 Peoples Bank chooses to share; and whether you can limit this sharing.

Reasons we can share your personal informa­tion

Does Peoples 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
Yes No
For joint marketing with other financial companies Yes No
For our affiliates’ everyday business purposes—
informa­tion about your trans­actions and exper­iences
Yes Yes
For our affiliates’ everyday business purposes—
informa­tion about your credit­worthi­ness
Yes Yes
For our affiliates to market to you Yes Yes
For non­­affil­iates to market to you No We don’t share

To limit our sharing

  • Call 800-948-7195 – our menu will prompt you through your choice(s)
  • Mail the form below

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 800-948-7195 or go to privacy@­peoples­bank­nc.com

Mail-in Form

If you have a joint account, your choice(s) will apply to everyone on your account unless you mark below:

__ Apply my choices only to me

Mark any/all you want to limit:

__ Do not share informa­tion about my credit­worthi­ness with your affiliates or for their everyday business purpose.

__ Do not allow your affiliates to use my personal informa­tion to market to me.

Name
Address
City, State, Zip
Mail To: Peoples Bank Attn: Compliance Department
P. O. Box 467
Newton, NC 28658

Who we are

Who is providing this notice? Peoples Bank

What we do

How does Peoples 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.
How does Peoples 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 deposit money
  • use your debit card

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

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 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? Your choices will apply to everyone on your account unless you tell us otherwise.

Definitions

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

  • Peoples Investment Services, Inc.
Nonaffiliates Companies not related by common ownership or control. They can be financial and nonfinancial companies

  • Nonaffiliates we share with can include governmental entities, credit bureaus, companies that perform marketing services on our behalf, and companies that assist in servicing your accounts with us.
Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • Joint marketing partners may include financial product or service marketing companies.