FACTS |
WHAT DOES VIRGINIA BANK & TRUST COMPANY DO WITH YOUR
PERSONAL INFORMATION? |
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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. |
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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 credit scores §
account balances and
payment history §
credit history and transaction
history When you are no longer our customer, we continue to
share your information as described in this notice. |
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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 Virginia Bank
& Trust Co chooses to share; and whether you can limit this sharing. |
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Reasons we can share your
personal information |
Does
Virginia Bank & Trust Co share? |
Can you limit this sharing? |
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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 |
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For our marketing purposes – to offer our
products and services to you |
No |
We don’t share |
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For joint marketing with other financial companies |
No |
We don’t share |
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For our affiliates’ everyday business purposes – information about
your transactions and experiences |
No |
We don’t share |
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For our affiliates’ everyday business purposes – information about
your creditworthiness |
No |
We don’t share |
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For nonaffiliates to market to you |
No |
We don’t share |
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Questions? |
Call 434-793-6411 or go to vabanktr.com |
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Who we are |
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Who is providing
this notice? |
Virginia Bank & Trust Co |
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What we do |
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How does Virginia Bank & Trust Co 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. |
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How does Virginia Bank & Trust Co collect my personal
information? |
We collect your
personal information, for example, when you §
open an account or provide account information §
apply for a loan or give us your employment history §
give us your contact
information We also collect your personal information from others, such as
Credit bureaus, affiliates, or other companies. |
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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. |
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Definitions |
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Affiliates |
Companies related by
common ownership or control. They can
be financial and nonfinancial companies. §
Virginia Bank & Trust Company has no affiliates. |
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Nonaffiliates |
Companies not
related by common ownership or control.
They can be financial and nonfinancial companies. §
Virginia Bank & Trust Company does not share with
nonaffiliates so they can market to you. |
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Joint marketing |
A formal agreement
between nonaffiliated financial companies that together market financial
products or services to you. §
Virginia Bank & Trust Company doesn’t jointly
market. |
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Other important information |
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