Cross River Bank privacy notice: effective 11/2018, last updated 12/2024
This is Cross River Bank's privacy notice, presented in a FACTS format under the question 'WHAT DOES CROSS RIVER BANK DO WITH YOUR PERSONAL INFORMATION?'. It gives an effective date of 11/2018 and a last update of 12/2024. The text does not say whether the 12/2024 update changed an operative term or only the notice.
Details
When
Effective Date: 11/2018
When
Last Update: 12/2024
Who
Cross River Bank
Supporting quotations
Privacy Notice
Effective Date: 11/2018
Last Update: 12/2024
FACTS
WHAT DOES CROSS RIVER BANK DO WITH YOUR PERSONAL INFORMATION?
Qualifications & exceptions
Effective Date: 11/2018; Last Update: 12/2024.
The notice does not explain the relationship between the two dates.
Not stated here
Whether the 12/2024 update altered the operative terms is not stated.
Legal Rights & Agreement Rules · Context
Why the notice exists: federal law requires disclosure and permits limited sharing
Under the 'Why?' row, the notice says federal law gives consumers the right to limit some but not all sharing of their personal information. It says federal law also requires financial companies to tell consumers how they collect, share and protect personal information, and it asks the reader to use the notice to understand Cross River Bank's practices.
Details
Who
Federal law
Supporting quotations
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.
Qualifications & exceptions
The passage refers to federal law without naming a statute.
Not stated here
The specific federal statute is not named in this passage.
Legal Rights & Agreement Rules · Procedure
Questions and more privacy information by phone or website
The notice gives the toll-free number 1-877-55CRB55 and the Cross River Bank website as contact routes for questions. It also says additional information about its privacy policies is available at the website or the same number.
Details
What it covers
toll-free number 1-877-55CRB55 and the Cross River Bank website
Additional information concerning our privacy policies can be found at www.crossriver.com
or call 1-877-55CRB55.
Qualifications & exceptions
Both routes are stated without hours, response times or a named privacy officer.
Not stated here
The notice does not state what information the website adds beyond this notice.
Legal Rights & Agreement Rules · User right or choice
Federal law limits the customer's right to limit sharing to three categories
Answering 'Why can't I limit all sharing?', the notice says federal law gives the customer the right to limit only three things: sharing for affiliates' everyday business purposes about creditworthiness, affiliates using information to market to the customer, and sharing for nonaffiliates to market to the customer. It adds that state laws and individual companies may give additional rights.
Details
What it covers
sharing for affiliates’ everyday business purposes – information about your creditworthiness
What it covers
affiliates from using your information to market to you
What it covers
sharing for nonaffiliates to market to you
Supporting quotations
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.
Qualifications & exceptions
The three categories are the federal limits described in this notice; the notice does not detail state-law rights here.
The notice does not describe how a customer exercises these federal limits.
Not stated here
The opt-out mechanism for the three federal categories is not stated.
Cross-references
refers to (model-proposed): No affiliate sharing of creditworthiness information — The creditworthiness row uses the same category the notice lists among the three sharing types federal law lets customers limit, but the row says Cross River Bank does not share it.
refers to (model-proposed): No sharing for nonaffiliates to market to the customer — The nonaffiliate-marketing row matches the third category the notice says federal law lets customers limit; the row says Cross River Bank does not share it.
Legal Rights & Agreement Rules · Context
Affiliates are companies under common ownership or control
The definitions section says affiliates are companies related by common ownership or control, and that they can be financial or nonfinancial companies.
Details
Who
Affiliates
Supporting quotations
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
Legal Rights & Agreement Rules · User right or choice
Nevada customers: notice under Nevada law and a marketing-call opt-out
For Nevada customers, the notice says it is provided pursuant to Nevada law. A customer who prefers not to receive marketing calls can say so by calling 1-877-55CRB55 or contacting Cross River Bank at its website.
Details
Where
Nevada
What it does
opt out of marketing calls
Supporting quotations
For Nevada Customers. We are providing you this notice pursuant to Nevada law. If you prefer not to receive marketing calls from us, please let us know by calling us at 1-877-55CRB55 or contact us at www.crossriver.com
Qualifications & exceptions
The described opt-out concerns marketing calls, not all sharing of personal information.
Not stated here
The notice does not describe any other Nevada-specific right.