Rev. September 15, 2020
Facts
WHAT DOES EVOLVE BANK & TRUST 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 transactions
- payment history and account balances
- credit history and transaction or loss history
How?
All financial companies need to share members’ 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 Evolve Bank & Trust chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information
Does Evolve Bank & Trust share?
Can you limit this sharing?
Yes
No
For our marketing purposes-
to offer our products and services to you
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
information about your transactions and experiences
Yes
No
For our affiliates’ everyday business purposes
information about your creditworthiness
information about your creditworthiness
No
We Don’t Share
For our affiliates to market to you
No
We Don’t Share
For nonaffiliates to market to you
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
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus
No
We Don’t Share
Evolve Bank & Trust
Who is providing this notice?
What we do
How does Evolve Bank & Trust 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 Evolve Bank & Trust collect 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 collect your personal information, for example, when you
- open an account or provide account information
- use your credit or debit card or apply for financing
- 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 non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law.
Who we are
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
- Our affiliates include companies with an Evolve name, such as Evolve Bancorp, Inc.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Nonaffiliates we share with can include insurance companies, service providers, co-branded partners, retailers, data processors, membership clubs, companies engaged in selling of consumer products and services, financial services companies, banks, and mortgage servicing companies.
Joint marketing
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Our joint marketing partners include companies such as financial services companies and other financial institutions.
Other important information
VT: Accounts with a Vermont mailing address are automatically treated as if they have limited the sharing as described on page 1.
NV: If you prefer not to receive marketing calls from us, you may be placed on our Internal Do Not Call List by calling 1-866-395-2754 or by writing to us at 6070 Poplar Ave, Suite 100, Memphis, Tennessee 38119. For more information, contact us at the address in the preceding sentence. You may also contact the Nevada Attorney General's office: Bureau of Consumer Protection, Office of the Nevada Attorney General, 555 E. Washington St., Suite 3900, Las Vegas, NV 89101; telephone number: 1–702–486–3132; email BCPINFO@ag.state.nv.us. You have the right to opt-out of the sale of certain personal data to third parties. You can exercise this right by contacting us at the above address and providing us with your name and the account number. Please note that we do not currently sell your personal data as sales are defined in Nevada Revised Statutes Chapter 603A. You may also visit our website at https://www.getevolved.com/contact/#contact-form to exercise rights under this section.
CA: Under California law, we will not share information we collect about you with companies outside of Evolve Bank & Trust, unless the law allows. For example, we may share information to service your accounts, or to provide rewards or benefits you are entitled to. We will limit sharing among our companies to the extent required by California law.
