|
Rev. 05/2010
FACTS:
WHAT
DOES MIZRAHI TEFAHOT BANK, LTD., LOS ANGELES
DO WITH YOUR PERSONAL INFORMATION?
|
| |
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.
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
·
Transaction History and Credit History
·
Account Balances and Employment Information
When you are
no longer
our customer, we continue to share your information as described in
this notice.
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 Mizrahi Tefahot Bank, Ltd. Chooses to share;
and whether you can limit this sharing.
|
Reasons we can share your personal information:
|
Does Mizrahi Tefahot Bank Ltd 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
|
NO
|
We don’t share
|
|
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 nonaffiliates to market to you
|
NO
|
We don’t share
|
Questions?
Call 213-362-2999 or go to
www.umtbusa.com
|
Who we are:
|
|
|
Who is providing this notice?
|
Mizrahi Tefahot bank Ltd., Los Angeles Branch
|
|
What we do:
|
|
|
How does Mizrahi Tefahot
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.
They also include agreements with our employees and our service providers to
maintain the confidentiality of your personal information.
|
|
How does Mizrahi Tefahot
Bank collect my personal information?
|
We collect your personal information, for
example, when you:
·
Open an account or
Apply for a loan
·
Pay your bills or
Deposit Money
·
Provide employment
information
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. See below for more on your
rights under state law.
|
|
Definitions:
|
|
|
Affiliates
|
Companies related by common ownership or control. They can be
financial
and nonfi
nancial companies.
·
Our affiliates include financial companies such
as: Mizrahi Tefahot Bank, Israel and its branches and subsidiaries
|
|
Nonaffiliates
|
Companies not related by common ownership or control. They can be
financial
and nonfi
nancial companies.
·
Non-affiliates we share can with include: Item
and/or Data Processors, Credit Bureaus, Appraisers, Title Companies, and Check
suppliers.
|
|
Joint marketing
|
A formal agreement between nonaffiliated
financial companies that together market
financial
products or services to you.
·
Mizrahi Tefahot Bank Ltd., Los Angeles Branch
doesn't jointly market.
|
|
Other Important Information
|
|
California Residents: Your state law
requires financial institutions to obtain your consent prior to sharing
information about you with non -affiliated third parties. Except as permitted by law, we will
not share information we collect about you with non-affiliated third parties
while you are a resident of California.
|
| |
