Downtown Schaumburg, Illinois

Privacy Policy

What Does Heritage Bank of Schaumburg Do With Your Personal Information?

Rev. Date 9/14

The Reasons for Getting 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 payment history
  • Credit history and credit scores
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 Heritage Bank of Schaumburg chooses to share; and whether you can limit this sharing.
Reasons We Can Share Your Personal Information Does Heritage Bank of Schaumburg 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 Do Not Share
For joint marketing with other financial companies No We Do Not Share
For our affiliates’ everyday business purposes
information about your transactions and experiences
No We Do Not Share
For our affiliates’ everyday business purposes
information about your creditworthiness
No We Do Not Share
For non-affiliates to market to you No We Do Not Share
What We Do
How does Heritage Bank of Schaumburg 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.
  • We only ask for information we truly need to complete a transaction or maintain a business relationship with you.
  • The bank will not provide your personal information to non-bank companies for the purpose of their independent telemarketing or direct mail marketing of any non-financial products or services.
  • We use this information to protect and administer your records, accounts, and funds.
  • If you decide to close your accounts, we will continue to adhere to the privacy policies and practices described in this notice.
How does Heritage Bank of Schaumburg 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 non-affiliates 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 non-financial companies.
  • Heritage Bank of Schaumburg does not share with our affiliates.
Non-Affiliates
Companies not related by common ownership or control. They can be financial and non-financial companies.
  • Heritage Bank of Schaumburg does not share with non-affiliates so they can market to you.
Joint Marketing
A formal agreement between non-affiliated financial companies that together market financial products or services to you.
  • Heritage Bank of Schaumburg doesn't jointly market.
Questions?
Call 847-524-4000 or go to www.hbschaumburg.com