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Anchor Bank Privacy Policy


Questions?

Call 561-383-3150, 561-383-3170, 561-569-3330 or go to www.anchorbank.com


Updated 11/2022

FACTSWhat does Anchor Bank 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 depends on the product or service you have with us. This information can include:
  • Social Security number and account balance
  • Payment history and transaction history
  • Credit history and overdraft history
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 customer’s personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customer’s personal information; the reasons Anchor Bank chooses to share; and whether you can limit this sharing.
Reasons we can share your personal infoDoes Anchor 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 No We Don't Share
For our affiliates' everyday business purposes: information about your creditworthiness No We Don't Share
For affiliates to market to you No We Don't Share
For non-affiliates to market to you No We Don't Share
What we do
How does Anchor 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 Anchor Bank collect my personal information? We collect your personal information, for example, when you:
  • Open an account or deposit money
  • Pay your bills or apply for a loan
  • Use your credit or debit card
We also collect your personal information from other 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 credit worthiness
  • 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.

Definitions