Privacy Notice | MA CT VT NY RI Personal Data

Please review our Privacy Notice.

You'll get a full explanation of the types of information we collect and share, along with information about what types of sharing you can restrict.

FACTS

WHAT DOES BEACON 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 credit history
Account transactions and overdraft history
Account balances and transaction history

When you are no longer our client, we continue to share your information as described in this notice.

How?

All financial companies need to share clients’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their clients’ personal information; the reasons Beacon Bank chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information	Does Beacon 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	Yes	No
For joint marketing with other financial companies	Yes	No
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 do not share
For our affiliates to market to you	Yes	Yes
For our nonaffiliates to market to you	No	We do not share

To limit our sharing	Call the Beacon Bank Call Center Toll-Free at 1-800-698-2265. Please note: If you are a new client, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our client, we may continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.
Questions?	Call our Beacon Bank Call Center at 1-800-698-2265.

Who We Are

Who is providing this notice?	Beacon Bank & Trust, hereinafter referred to as Beacon Bank, a subsidiary of Beacon Financial Corporation.

What We Do

How do Beacon 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. We regularly test and assess our information security measures, train employees and adopt enhancements as necessary to protect your information.
How does Beacon Bank collect my personal information?	We collect your personal information, for example, when you open an account or apply for a loan use your debit card or provide account and contact information make deposits or withdrawals from your account We also collect your personal information from others, such as credit bureaus 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.
What happens when I limit sharing for an account I hold jointly with someone else?	Your choices will apply to everyone on your account.

Definitions

Affiliates	Companies related by common ownership or control. They can be financial and nonfinancial companies. Our affiliates include companies that are under common control of Beacon Financial Corporation including subsidiaries of Beacon Bank & Trust. Additional companies include but are not limited to Beacon Financial 1031 Exchange Services LLC, Clarendon Private LLC, Eastern Funding, RNL & Associates, and Berkshire Mortgage Servicing Company.
Nonaffiliates	Companies not related by common ownership or control. They can be financial and nonfinancial companies. Beacon 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 may include insurance companies, credit card companies, and investment advisors.

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