Retention continues after the customer relationship
When you are no longer a Lead Bank customer, Lead Bank continues to retain and share your information as described in the notice.
Details not recorded for this card
Supporting quotations
When you are no longer our customer, we continue to retain and share your information as described in this notice.
Cross-references
qualifies (model-proposed): Right to delete, subject to retention and other exceptions — The notice's statement that it continues to retain and share information after the customer relationship ends qualifies the deletion right, which is subject to federal financial-services retention and other exceptions.
Retention & Deletion · Company practice
Retention periods set by six criteria
Retention periods for data elements in each category vary depending on the nature of the data element and the purposes for which it is collected and used. Lead Bank sets retention based on: (1) the length of time the data is needed for the purposes for which it was created or collected; (2) the length of time needed for other operational or record retention purposes; (3) the length of time needed for legal, compliance, and regulatory requirements, legal defense purposes, and legal holds; (4) how the data is stored; (5) whether the data is needed for security purposes and fraud prevention; and (6) whether the data is needed to ensure continuity of Lead Bank's products and services.
Details not recorded for this card
Supporting quotations
The retention periods for data elements within each category listed above vary depending on the nature of the data element and the purposes for which it is collected and used. Our retention period for the data elements within each category is set based on the following criteria: (1) the length of time that the data is needed for the purposes for which it was created or collected, (2) the length of time the data is needed for other operational or record retention purposes, (3) the length of time the data is needed in connection with our legal, compliance and regulatory requirements, for legal defense purposes and to comply with legal holds, (4) how the data is stored, (5) whether the data is needed for security purposes and fraud prevention, and (6) whether the data is needed to ensure the continuity of our products and services.
Not stated here
The notice states criteria, not category-specific retention periods.
Retention & Deletion · User right or choice
Right to delete, subject to retention and other exceptions
Under certain State Privacy Laws, a consumer has the right to request deletion of personal information Lead Bank collected and retained, subject to certain exceptions. After receiving and verifying the request, Lead Bank will delete the information from its records and direct its service providers to delete it from theirs, unless an exception applies. Certain personal information used to provide financial services that Lead Bank is obligated by federal law or regulations to retain cannot be deleted on request. Lead Bank may also deny a deletion request if retaining the information is necessary for Lead Bank or its service providers to detect security incidents; protect against malicious, deceptive, fraudulent, or illegal activity; assist law enforcement in prosecuting those responsible; or comply with a legal obligation.
Details not recorded for this card
Supporting quotations
Under certain State Privacy Laws, you have the right to request that we delete any of your personal information that we collected from you and retained, subject to certain exceptions. Once we receive and verify your Data Subject Requests, we will delete your personal information from our records (and direct our service providers to delete your personal information from their records), unless an exception applies.
Certain personal information that we collect and use to provide you with financial services, and which Lead Bank is obligated by federal law and/or regulations to retain, cannot be deleted upon request.
We also may deny your Data Subject Requests to delete if retaining the information is necessary for us or our service providers to:
Detect security incidents;
Protect against malicious, deceptive, fraudulent, or illegal activity;
Assist law enforcement in prosecuting those responsible for such activities; or
Comply with a legal obligation.
Qualifications & exceptions
The federal financial-services retention exception and the four listed denial grounds are exceptions to the deletion right.
Cross-references
qualified by (model-proposed): Retention continues after the customer relationship — The notice's statement that it continues to retain and share information after the customer relationship ends qualifies the deletion right, which is subject to federal financial-services retention and other exceptions.