Privacy, Web Privacy, and Patriot Act Policy
At Amalgamated Bank of Chicago, we value each and every customer relationship. Customers such as you have entrusted us not only with your finances, but also with certain personal information. Our commitment to protect your financial information is of the utmost priority, as set forth by our privacy principles and online guidelines described below.
When you browse the public sections of our website, none of your account or personal information is obtained. We will gather data on website activity, such as how many people have visited the website, how long they stay on the site and which web pages they visit. Visitor data is collected on an aggregate, anonymous basis and no personal information is associated with this data.
The information we collect is used to:
· Improve the content of our website for your future visits
· Customize the content and/or layout of our pages for each individual customer
· Notify customers about updates to our website (if you have asked to be notified of updates or new releases)
· Notify customers of new products
· Implement ABOC Link Enhanced Security
When you bank online with Amalgamated Bank of Chicago, we, along with the outside companies we work with to bring these services to you, have access to your information. Information is retained on our system or the system of the appropriate outside company, depending on what is required in order to serve you.
We use state-of-the-art internet technology, supported by the outside companies we work with, to make online banking secure and to protect your personal information. We also require an I.D. and password to access your accounts. In addition, we utilize the ABOC Link Enhanced Security Solution, which adds a layer of protection to your online account by letting you know you're at our real website and letting us know it's really you trying to access your account. If you do not provide this information, we cannot establish an online banking service for you.
You can also help maintain the security of your banking information by not sharing your I.D. or password with anyone, by changing your password regularly, and by remembering to sign off.
Access to Information Collected
By Amalgamated Bank of Chicago (ABOC) Employees. Certain ABOC employees will be provided with a visitor's information in order to respond to that visitor's needs and provide the visitor with information regarding specific products in which the visitor may have an interest. In both Internet and non-Internet banking situations, our employees are instructed to use strict standards of care in handling the personal and confidential information of ABOC customers. Employees who violate our privacy policies will be subject to our normal disciplinary process.
By Third Parties. We do not transmit any personal information collected through our website to any third-party marketers. Personal information may be transmitted, however, if there is a specific need to complete a transaction requested by the visitor. We offer the opportunity to our website visitors to link to the web pages of third parties who provide products and services not offered by us. Once the visitor leaves our site, we do not receive any information from the visitor.
Categories of Information We Collect. If you bank online with us or request information from our website, we may collect your:
· First and last name
· Home address
· Telephone number
· Social Security Number
· E-mail address
· Other identifying information
Categories of Third Parties With Whom We Share Information. We share the information we collect only as necessary to serve you or complete a transaction you request, as explained in the "Access to Information Collected" section above.
Effective Date. This policy is effective January 1, 2009
Changes to this Policy. If our information practices change at some time in the future, we will post a notice of the changes on our website. You may check our website periodically for notices of changes.
Important Information about Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Unlawful Internet Gambling Enforcement Act
In accordance with the requirements of the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG, this notification is to inform you that restricted transactions are prohibited from being processed through your account or relationship with our institution. Restricted transactions are transactions in which a person accepts credit, funds, instruments or other proceeds from another person in connection with unlawful Internet gambling.