Bancorp Privacy Notice

 

>> View all legal agreements

Bancorp Privacy Notice

 

Rev. 12/2015

The Bancorp Privacy Notice

FACTS:

What Does The Bancorp 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:

  1. Social Security Number and income
  2. Account balances and transaction history
  3. 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, whether The Bancorp shares your information, and whether you can limit this sharing.

 

To limit our sharing

  • Call 866-888-6080 – Please be prepared to provide your card number or Social Security number to identify your account; or
  • 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 866-888-6080

 

------------------------------------------------------------------------------------------------------------------------------

Mail-in Form

 

Mark any/all you want to limit:

Do not share my personal information with nonaffiliates to market their products and services to me.
 

Name

 

Mail to:

PayPal Debit Card Program

PO Box 45950

Omaha, NE 68145-0950

Address

 

City, State, ZIP

 

 

 

Card Number

 

 

Reasons We Can Share Your Personal Information

Does The Bancorp 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

No

We don’t share

For our affiliates’ everyday business purposes –
 

Information about your transactions and experiences

No

We don’t share

For our affiliates’ everyday business purposes –
 

Information about your creditworthiness

No

We don’t share

For nonaffiliates to market to you

Yes

Yes

 

Questions?

Call toll-free, at (866) 888-6080 or (402) 935-2017 (if calling from outside the U.S. or Canada), or visit www.paypal.com

 

What We Do

How does The Bancorp 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 limit access to information to those employees for whom access is necessary.

How does The Bancorp collect my personal information?

We collect your personal information when, for example, you:

  • open an account or pay your bills
  • make deposits or withdrawals from your account
  • provide account information or give us your contact information

We 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 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.

 

Definitions

Affiliates

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

  • Our affiliates include financial companies such as The Bancorp Bank and Bancorp Card Services Inc.

Nonaffiliates

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

  • We share information with PayPal so PayPal can manage the card program associated with your card.

Joint Marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • The Bancorp does not jointly market.

 

Other Important Information

State Laws:
 

California Residents -- In accordance with California law, we will not share information we collect about you with companies outside of The Bancorp, unless the law allows. For example, we may share information with your consent, to service your accounts, or to provide rewards or benefits to which you are entitled. We will not share information we collect about you with our joint marketing partners without your authorization. We will limit sharing around our companies to the extent required by California law.
 

Vermont Residents -- In accordance with Vermont law, we will not share personal financial information about you, other than transaction experience information, with other Bancorp companies or affiliates, nor will we share any personal financial information about you with other Bancorp companies for marketing purposes.
 

Nevada Residents -- We are providing you this notice pursuant to state law. You may be placed on our internal Do Not Call List by following the directions in the “To limit our sharing” section. Nevada law requires that we also provide you with the following contact information: Bureau of Consumer Protection, Office of the Nevada Attorney General, 555 E. Washington St., Suite 3900, Las Vegas, NV 89101; Phone number- 702.486.3132; email: BCPINFO@ag.state.nv.us.