Privacy Policy

WHAT DOES SBM OFFSHORE FINANCIAL SERVICE DO WITH YOUR PERSONAL INFORMATION?


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.

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.

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 Employment information

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

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 BMS Offshore Holdings chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

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


Does SBM Offshore Financial services share?

YES

Can you limit this sharing?

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 don’t share

For our affiliates to market to you


NO

We don’t share

For nonaffiliates to market to you


NO

We don’t share

What we do

How does BMS Offshore Holdings 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 BMS Offshore Holdings collect my personal information?


We collect your personal information, for example, when you

  • Apply for a loan or give us your income information
  • Open an account or make deposits or withdrawals from your account
  • 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 nonaffiliates 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.

  • Our affiliates include others, such as Our Mortgage Company and Advisory Services.

Nonaffiliates


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

  • BMD Offshore Holdings 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 include Credit Card Companies

 

 

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