Privacy Policy

FDIC

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government. The FDIC protects depositors against the loss of their insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

The FDIC guarantees deposit accounts (checking, savings, money market savings and CDs) up to the maximum allowed by law. The basic deposit insurance amount is $250,000 per depositor. The FDIC separately guarantees bank individual retirement accounts (IRAs) up to $250,000 per owner.

For additional information please go to the FDIC website – http://www.fdic.gov

Privacy Notice

FACTS

WHAT DOES NEW MILLENNIUM 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 income
  • Account balances and overdraft history
  • Transaction history and payment 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 New Millennium Bank chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information Does New Millennium 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 No We don’t share
For joint marketing with other financial companies Yes No
For our affiliates’ everyday business purposes? information about your transactions and experiences No We don’t share
For our affiliates’ everyday business purposes? information about your creditworthiness No We don’t share
For nonaffiliates to market to you No We don’t share

Who we are

Who is providing this notice?

New Millennium Bank

What we do

How does New Millennium 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 New Millennium Bank 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

State laws and individual companies may give you additional rights to limit sharing.

Protecting children’s privacy online

New Millennium Bank’s site is not directed to individuals under the age of thirteen (13) and do not knowingly collect personally identifiable information from individual under the age of thirteen, through the Site.

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • New Millennium Bank has no affiliates.

Nonaffiliates

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

  • New Millennium Bank 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 credit card companies