Privacy Policy

Professional Bank

Rev. December 2017

FACTS WHAT DOES PROFESSIONAL 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 depend on the product or service you have with us. This information can include:

▪ Social Security number ▪ Transaction history
▪ Account balances ▪ Credit history
▪ Payment history ▪ Overdraft history
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 Professional Bank chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

 Does Professional 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 We don’t share
For our affiliates’ everyday business purposes –
information about your transactions and experiences		 Yes Yes
For our affiliates’ everyday business purposes –
information about your creditworthiness		 No We don’t share
For our affiliates’ to market to you Yes Yes
For nonaffiliates’ to market to you No We don’t share
To limit
our sharing		 ▪ Call (786) 483-1757
▪ Email us at risk@professionalbankfl.com
▪ Mail the form below

Please note:
If you are a new customer, we can begin sharing your information [30] days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice.
However, you can contact us at any time to limit our sharing.
Questions? Call (786) 483-1757 or email risk@professionalbankfl.com

 

Mail-in Form

Leave Blank OR
[If you have a joint
account, your choice(s) will apply to everyone on your account unless you mark below.

□ Apply my choice only
to me]

 Mark if you want to limit:
□ Do not allow your affiliates to use my personal information to market to me.
Name Mail to:
Professional Bank
Attn: Risk Management
396 Alhambra Circle, Ste 255
Coral Gables, FL 33134
Address
City, State, Zip

 

Who We Are
Who is providing this notice?

Professional Bank
What We Do
How does Professional 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.
To protect your personal information from unauthorized access and use, we maintain electronic and physical operational safeguards that comply with federal standards.
How does Professional Bank collect my personal information?

 

 

 

 

 We collect your personal information, for example, when you

▪ Open an account ▪ Make deposits or withdrawals from your account
▪ Pay your bills ▪ Make a wire transfer
▪ Apply for a loan

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

State laws and individual companies may give you additional rights to limit sharing.
Definitions
Affiliates Companies related by common ownership or control. They can be financial and non-financial companies.

▪ Our affiliates within the Professional Holding Corp. Family of Companies listed under “Other Important Information” below includes companies, dba’s, and divisions with a common corporate identity or subsidiary relationship with Professional Bank; or financial companies such as an insurance agency.
Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial companies.

▪ Professional Bank does not share with non-affiliates so they can market to you.
Joint Marketing A formal agreement between non-affiliated financial companies that together market financial products or services to you.
Other Important Information
Professional Holding Corp. Family of Companies includes Professional Bank and Professional Insurance Management, LLC.