What does Commonwealth Bancshares, Inc. do with your personal information?
WHY?
Financial companies choose how they share your personal information. Federal law gives consumers the right to restrict 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 overdraft history
- account balances and transaction history
- credit history and credit scores
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 customers’ personal information to run their everyday business. In the section below, we list all the reasons financial companies can share their customers’ personal information, the reasons Commonwealth Bancshares chooses to share, and whether you can limit this sharing.
| Reasons we can share your personal information |
Does Commonwealth Bancshares share? |
Can you limit sharing? |
For our everyday business purposes—
to process your transactions, maintain your account, 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
|
Yes |
No |
For our affiliates' everyday business purposes—
information about your creditworthiness
|
No |
We do not share |
| For our affiliates to market to you |
No |
We do not share |
| For our nonaffiliates to market to you |
No |
We do not share |
QUESTIONS?
Commonwealth Bancshares
Attention: Compliance Officer
4912 U.S. Highway 42
Louisville, KY 40222
Jefferson County: 502.259.2000
Shelby County:
502.633.1000
Northern Kentucky:
859.746.9000
WHO WE ARE
Who is providing this notice?
Commonwealth Bancshares, Inc. is a holding company; representing subsidiaries Commonwealth Bank & Trust Company and First Security Trust Bank.
WHAT WE DO
How does Commonwealth Bancshares 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 including physical, electronic, and procedural safeguards.
How does Commonwealth Bancshares 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 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 nonaffiliates to market to you
DEFINITIONS
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
- Our affiliates include financial companies such as Commonwealth Bank & Trust Company and First Security Trust Bank
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Commonwealth Bancshares does not share with nonaffiliates so they can market to you.
Joint marketing
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Our joint marketing partners include insurance companies.
Rev. June 2012
