Privacy Policy

Privacy Practice Notice

Global Bancorp Inc. respects your concern for privacy. Our goal is to respond to your inquiries, to provide better customer service, and to provide products, services and other promotional information that you request and that we believe may help meet your needs or be of interest to you. However, we recognize that we have an important responsibility to protect the privacy and security of the nonpublic personal information we collect from you. Therefore, we want you to understand our information sharing practices and for you to know that they are designed to meet strict legal requirements and ensure the confidentiality of your information.

1. THE TYPE OF INFORMATION WE COLLECT. The type of information we collect depends upon the product or service that we are providing to you or that you are asking about. We collect information that you provide to us on applications and other forms; information about your transactions with us, out affiliates, or others; and information that is provided to us by third parties including securities related reporting agencies, individual referenced services public record data bases and other recognized providers of nonpublic personal information.

2. HOW WE TREAT THE INFORMATION. Our company is committed to the security and confidentiality of your nonpublic personal information. We do not disclose, nor do we reserve the right to disclose, any nonpublic personal information about our customers or former customers to anyone, except authorized by you or as otherwise permitted by law.

In addition to reasonable physical, procedural, and electronic security measures, our security practices include limiting access to this information to those employees and business associates with appropriate authority and for intended business purposes only. We explain the importance of protecting your nonpublic personal information to our employees and take appropriate measures to enforce employee responsibilities regarding out Privacy Policy.

3. DISCLOSURES TO AFFILIATED ENTITIES. We may share the information we collect, as listed above, with affiliated entities. You have the right to prevent the sharing of information, except for the sharing of information relating solely to your transactions with us (such as your payment) or our experiences with you. If you do not want us to share this information with our affiliates, please check the appropriate box on the attached form and return to us.

4. DISCLOSURES TO NON AFFILIATED ENTITIES. We may share the information we collect, as listed above, to nonaffiliated third parties for the purpose of offering products and services that may be of value to you. We will disclose such information only with organizations that agree to treat it confidentially and to use it only for the purposes intended. If you do not want us to disclose information for these purposes, please check the appropriate box on the attached form and return it to us.

We typically retain your personal information for a period of time after the end of a customer relationship. In some cases we may be required, by law or industry standard, to retain certain information for a specified period of time. We maintain the same standards of privacy for all consumers and customers, both current and former.

We are permitted by law to disclose information about you to third parties that perform marketing services on our behalf and/or to other financial institutions with whom we have joint marketing agreements. We are not required to give you the opportunity to opt out of such disclosures.

Because your trust and confidence in our company matters to us, we are committed to keeping you informed about our privacy practices and your rights. By using information, we are able to deliver products and services that meet your needs. Therefore, it may be necessary to periodically review and update our privacy practices in order to provide the best service. If you have any questions regarding your rights or the contents of this notice please call us at (303) 647-3400.