FDIC-Insured—Backed by the full faith and credit of the U.S. Government

Privacy Policy

Important Notice Concerning Customer Privacy

Your trust is the most valuable asset of BankNewport and its affiliated companies, and we have had a long tradition of protecting your privacy. When you provide us with, or we obtain information about you and your accounts that is not publicly available, you can be certain that this information will only be used within the strictest guidelines.

We collect and share your personal information under the strictest guidelines and with the primary objective of being able to:

  • Provide you with the services you have requested and run our everyday business.
  • Offer you other financial and insurance products and services.
  • Inform you of financial and insurance services made available by our carefully selected marketing partners.

If you provide information (such as your name, email address and/or phone number) to our online virtual assistant, we will use that information to respond to your inquiry and for no other purpose.

We have prepared a notice to explain how we collect, share and protect your personal information. This notice applies only to personal information obtained by us in connection with financial and insurance products and services primarily for personal, family or household purposes (and not business purposes). This notice takes precedence over any previous privacy notices issued by us.

 

Privacy Notice

Revised 7/25

FACTS: What Does BankNewport 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
  • Account balances
  • Transaction history
  • Credit history
  • Assets
  • 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 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 BankNewport chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information Does BankNewport 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 don't share
For nonaffiliates to market to you No We don't share

Questions?

Call toll-free 877-709-2265 or go to www.banknewport.com

What We Do

How Does BankNewport 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 also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access is appropriate.

How Does BankNewport Collect My Personal Information?

We collect your personal information, for example, when you:

  • Open an account
  • Make deposits or withdrawals from your account
  • Apply for a loan
  • Use your credit or debit card
  • Pay your bills

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.

  • BankNewport has no affiliates.

Nonaffiliates

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

  • BankNewport 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 credit card companies, insurance companies, service providers and other financial services companies.

Other Important Information

Location Information. If you have enabled location services on your phone and agree to the collection of your location when prompted by the Services, we will collect location data when you use the Debit Card Manager even when the app is closed or not in use; for example, to provide our fraud detection services. If you do not want us to collect this information, you may decline the collection of your location when prompted or adjust the location services settings on your device.

Opting Out of Location Tracking. If you initially consented to the collection of geo-location information through the Debit Card Manager, you can subsequently stop the collection of this information at any time by changing the preferences on your mobile device. Please note, however, that if you withdraw consent to our collection of location information, you may no longer be able to use some features of the App.