What Does Northeast Home Loan 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 account balances
- Payment history and Income
- Credit scores and employment 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 Northeast Home Loan chooses to share; and whether you can limit this sharing.
| Reasons we can share your personal information | Does Northeast Home Loan 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 don’t share |
| For nonaffiliates to market to you | No | We don’t share |
What we do
| How does Northeast Home Loan 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.Northeast Home Loan employees are trained in our privacy policy and procedures |
| How does Northeast Home Loan collect my personal information? | We collect your personal information, for example, when youApply for a loan or give us your contact informationProvide account information or show your driver’s licenseProvide employment informationWe also collect your personal information from others, such as credit bureaus, affiliates or other companies. |
| Why can’t I limit all sharing? | Federal law gives you the right to limit onlysharing for affiliates’ everyday business purposes – information about your creditworthinessaffiliates from using your information to market to yousharing for nonaffiliates to market to youState 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 our parent company, Passumpsic Bancorp, a mutual holding company and Passumpsic Savings Bank. |
| Nonaffiliates | Companies not related by common ownership or control. They can be financial and nonfinancial companies.Northeast Home Loan does not share with nonaffiliates so they can market to you. |
| Joint marketing | A formal agreement between nonaffiliates financial companies that together market financial products or services to you.Our joint marketing partners may include: insurance, securities brokerage, credit cards, leasing, mortgage banking, tax preparation, fiduciary services, estate and financial planning, and investment management and advisory services companies. |