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:
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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 National Penn chooses to share; and whether you can limit this sharing. |
| Reasons we can share your personal information | Does National Penn share? |
Can you limit this sharing? |
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| 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 |
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| For our marketing purposes— to offer our products and services to you |
Yes |
No |
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| For joint marketing with other financial companies | Yes |
No |
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| For our affiliates’ everyday business purposes— information about your transactions and experiences |
Yes |
No |
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| For our affiliates’ everyday business purposes— information about your creditworthiness |
Yes |
Yes |
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| For our affiliates to market to you | Yes |
Yes |
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| For non-affiliates to market to you | No |
No/Don't Share |
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| Who we are | |
Who is providing this notice? |
National Penn Bancshares, Inc., National Penn Bank and its KNBT and Nittany Bank divisions and its financial service affiliates described below. |
| What we do | |
How does National Penn protect my |
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. If you discover inaccuracies, notify us immediately (see: “To limit our sharing”). We will investigate fully and promptly. |
How does National Penn collect my personal |
We collect your personal information, for example, when you
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| Why can’t I limit all sharing? | Federal law gives you the right to limit only
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| What happens when I limit sharing for an account I hold jointly with someone else? | Your choices will apply to everyone on your account – unless you tell us otherwise. |
| Definitions | |
| Affiliates | Companies related by common ownership or control. They can be financial and nonfinancial companies.
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| Non-affiliates | National Penn 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.
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| Other important information | |
| For important information concerning our online privacy practices, see our online Terms of Use Disclosure located on our Web site. You may have other privacy protections under state laws, such as California, Massachusetts, Nevada or Vermont. To the extent these state laws apply, we will comply with them with regard to our information security practices. | |
dated June 2012