At Industrial Bank we understand the importance of protecting
our customers’ financial privacy. This notice summarizes
the privacy practices that we employ in safeguarding confidential
financial information about you, our “customers”
with whom we have an ongoing relationship (such as deposit
or loan account holders) and “consumers” with
whom we have limited or discrete transactions (such as users
of our ATM’s or purchasers of traveler’s checks).
Please keep this notice for your records.
Types of Confidential Financial Information we collect
We collect information about you in the normal course of our
business from applications and other forms that you submit
to us, information about your transactions with us (such as
payment history) and information that we receive about you
from consumer reporting agencies.
Sharing of confidential Financial Information with Third
To protect your confidential financial information, we have
established a policy of not sharing it with non-affiliated
third parties, except as permitted by law, including, for
example: (i) as necessary to effect, administer, or approve
a transaction that a customer requests or authorizes; (ii)
in connection with servicing or processing a financial product
or service that a customer requests or authorizes, or maintaining
or servicing the customer’s account; (iii) with the
consent of or at the direction of the customer: (iv) to the
extent specifically required under the law, including law
enforcement agencies, state and federal regulatory agencies,
consumer reporting agencies in accordance with the Fair Credit
Reporting Act, or to comply with a properly authorized judicial
or regulatory agency subpoena or summons; or (v) sharing information
about you with our affiliates, on a need to know basis.
We do not reserve the right to share confidential financial
information about you now or in the future with any non-affiliated
third parties, except as permitted by law.
We maintain all confidential financial information in a secure
area that is not accessible to unauthorized persons. We maintain
physical, electronic, and procedural safeguards that comply
with federal standards to protect your confidential financial
information. We permit only those employees who have a need
to know access to your confidential financial information
in order to transact business on your behalf. We require our
employees and agents who have access to confidential financial
information to abide by our privacy rules. We require any
third party service provider to whom we disclose confidential
financial information about you, as permitted by law, to contractually
We also use reasonable care to ensure that the confidential
financial information that we maintain about you is current
and accurate. Please call us if you have any questions concerning
we have about you.
4812 Georgia Avenue, N.W.
Washington, D.C. 20011
Phone : 202 722-2000 or 888 429-2262