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FACTS

What does Ion 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 and payment history
  • Credit history and overdraft history
  • Account balances and transaction history

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 the reasons financial companies can share their customers’ personal information; the reasons Ion Bank chooses to share; and whether you can limit this sharing.


Reasons we can share your personal information Does Ion 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 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 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

Questions?

Call 203.729.4442 or toll free 877.729.4442


Who we are

Who is providing this notice?

Ion Bank; Ion Financial, MHC; Ion Insurance; Nutmeg Financial Holdings, LLC and Ion Bank Mortgage Corp. (“Affiliates”)

What we do

How does Ion 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.

How does Ion Bank collect my personal information?

We collect your personal information, for example, when you

  • open an account or apply for a loan
  • provide account information or apply for insurance
  • show your government-issued ID

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 nonfinancial companies.

  • Our affiliates may include financial companies such as: Insurance Companies, Brokerage Companies, Other Banks, Mortgage Companies or Financial Service Providers.

Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

  • Ion Bank and its affiliates do 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, Broker-Dealer and Insurance Agencies. Companies that provide marketing services for us, such as bulk mailing companies, direct marketing companies, market research firms and marketing consultants.

Online Privacy Practices

Please Read Ion Bank’s Online Privacy Policy