Purpose of This Notice
Title V of the Gramm-Leach-Bliley Act (GLBA) generally prohibits any financial institution, directly or through its affiliates, from sharing nonpublic personal information about you with a nonaffiliated third party unless the institution provides you with a notice of its privacy policies and practices, such as the type of information that it collects about you and the categories of persons or entities to whom it may be disclosed. In compliance with the GLBA, we are providing you with this document, which notifies you of the privacy policies and practices of Powers Craft Parker & Beard, Inc.
The following is our policy on how we handle your information:
1. Collection of your information
We collect nonpublic personal information about you from the following sources:
- Information from applications and other forms, by phone or online.
- Information about transactions with us or others.
- Information we receive from a consumer reporting agency.
- Information we receive from a motor vehicle department.
2. Disclosure policy
We do not disclose any nonpublic personal information about our customers or former customers to anyone, except as permitted by law.
3. Confidentiality and Security
We restrict access to nonpublic personal financial information about you to those employees who need to know that information to provide products and services to you. We maintain physical, electronic, and procedural safeguards that comply with federal and state regulations to guard your nonpublic personal information.
4. Dispute resolution
Any controversy or claim arising out of or relating to our privacy policy, or the breach thereof, shall be settled by arbitration in accordance with the rules of the American Arbitration Association, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.
5. Reservation of the right to disclose information
In connection with the potential sale or transfer of its interests,
Powers Craft Parker & Beard, Inc. and its affiliates (if any)
reserves the right to sell or transfer your information (including,
but not limited to, your address, name, sex, zip code, state and
country of residency and other information that you provide through
other communications) to a third party entity that 1) concentrates
its business in a similar practice or service; 2) agrees to be Powers
Craft Parker & Beard, Inc.'s successor in interest with regard
to the maintenance and protection of the information collected;
and 3) agrees to the obligations of this privacy statement.
At Powers Craft Parker & Beard, Inc., we value our relationship
with you and the trust you have placed in us to provide quality
financial services. An important element in our relationship
is the protection of your privacy. We want you to understand
what information we collect and how we use it.
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