Privacy Policy

Rev. 08-2018 

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 checking account information
  • Account balances and transaction history
  • Credit history and payment history
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 Gulfside Bank chooses to share; and whether you can limit this sharing.
Reasons We Can Share Your Personal Information Does Gulfside 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		 No We Do Not Share
For joint marketing with other financial companies Yes No
For our affiliates’ everyday business purposes –
information about your transactions and experiences		 No We Do Not Share
For our affiliates’ everyday business purposes –
information about your creditworthiness		 No We Do Not Share
For our affiliates to market to you No We Do Not Share



Questions?
Call (941) 303-4200
Write us at: 333 N. Orange Avenue, Sarasota, FL 34236
Visit our website www.gulfsidebank.com 
Who we are
Who is providing this notice? Gulfside Bank
What We Do
How does Gulfside Bank protect my 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 restrict access to nonpublic personal information about you to those employees who need to know that information to provide products and services to you.
How does Gulfside Bank collect my information? We collect your personal information, for example, when you
  • Open an account or deposit or withdraw from your account
  • Apply for a loan or provide account information
  • Give us your income information
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 non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
(See below for more on your rights under state law.)
Definitions
Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • Gulfside Bank does not share with affiliates.
Non‑Affiliates

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

  • Gulfside 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.

  • Gulfside Bank jointly markets with LPL Financial LLC.

Mobile Banking Privacy Policy 

Rev. 03-2024

 

What does Gulfside Bank do with your personal information from the Mobile Banking App?

At Gulfside Bank, we understand how important it is to safeguard our customers' personal information. We are committed to protecting your personal information at all times. This Mobile Banking Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit the bank's mobile app.

Why?

The mobile app requests access to information stored on your device such as location, camera, contacts, or other features you are enrolled in to enrich and simplify your own user experience and improve our services, as well as provide additional security to protect your account.

It is important to understand that:

  • Before granting access to this information, you will be prompted to give the application that permission.
  • If you do not wish to grant that permission, you may decline.

If you later change your mind, those permissions can be updated in your device's settings.

What?

Some examples of permissions your app may request are:

  • Location: This information may be used when checking for nearby branch and ATM locations.
  • Photos, Media, or Other Files: This information may be used to add an image to a transaction or add a photo to your profile.
  • Camera: This feature may be used when taking a picture to add an image to a transaction or to capture images of a check that is being deposited, or to add a photo to your profile.
  • Contacts: This information may be used when sending money to others.
  • Messages: This feature may be used to send and/or receive text messages (SMS), emails, and other types of messages such as instant secure messages.
  • Financial Data: This information, such as data related to your payment method (bill payment activity and payment history information), may be used when you make a bill payment.

How?

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.

The app information is retained in accordance with state and federal retention laws. Please contact us to determine specific timeframes for your personal stored information and if that information may be deleted.

Account Deletions

Account deletion options cannot be added to the online or mobile applications as this option falls under Federal Regulations. Deleting a bank account would be in direct violation of several federal regulations and acts. The Federal Deposit Insurance Corporation and Bank Secrecy Act requires banks and other financial institutions to implement Customer Identification Programs to prevent money laundering. These programs mandate that banks obtain and retain checking and savings account customer data, including contact, identification, and tax information. FDIC and BSA regulations stipulate that banks must keep this information for at least five years after the account is closed. Regulations Federal Deposit Insurance Corporation (FDIC) 8000 1020.220 Bank Secrecy Act (BSA), 31 USC 5311, 12 CFR 21.11 and 12 CFR 21.21. The above regulations are only a subset of regulations that financial institutions are required to comply with.

Questions?

Please contact Gulfside Bank at 941.303.4200 with any questions or to request a change to the personal contact information in your file.