WHAT DOES CHESAPEAKE 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 income
  • Account balances and payment history
  • Transaction 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 customer's personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customer's personal information; the reasons Chesapeake Bank chooses to share; and whether you can limit this sharing.
 

Questions?

Call 877-436-9032 or go to www.chesbank.com.

 

Reasons we can share your personal information

Does Chesapeake 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

 No We Don't Share

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 Don't Share

For nonaffiliates to market to you

 No We Don't Share

 

Who we are

Who is providing this notice?

Chesapeake Bank

 

What we do

How does Chesapeake 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.

How does Chesapeake Bank 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

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 nonfinancial companies.

Chesapeake Financial Shares, Inc.; Chesapeake Wealth Management, Inc.; Chesapeake Wealth Management; Chesapeake Investment Services, Inc.

Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

  • Chesapeake Bank does not share with non-affiliates so they can market to you.

Joint marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • Chesapeake Bank doesn't jointly market.

 

Rev 06/2018