General Email Inquiries (Not Secure): Sending email over the Internet is not secure. Please do not send any sensitive or private information (e.g., Social Security numbers, account numbers, account information, User IDs, Passwords, Personal Image or Name, etc.) using a general messaging system (including the e-mail link that follows). Contact us by phone (at 212-850-4085) to discuss other methods of transmitting this data.
Privacy & Security
At New York Private Bank & Trust, we recognize that our relationship with you is based on trust, and the protection of your private financial information merits the highest priority. That’s why we have taken stringent measures and established corporate-wide procedures that ensure the confidentiality of all of your confidential information, whether we have received it directly from you or from a third party.
This policy outlines those procedures, and will be provided to you each year as long as you maintain an ongoing relationship with us.
The Emigrant Family
Emigrant Family offers consumer-related financial services and includes Emigrant Bank (providing a full range of banking products); Emigrant Mortgage Company, Inc. (offering residential mortgage loans), Emigrant Funding Corporation (offering small balance commercial mortgage loans), Emigrant Agency, Inc. doing business as Emigrant Financial Services (featuring insurance, annuity, and mutual fund products), Personal Risk Management Solutions (a division of Emigrant Bank providing insurance advisory services), New York Private Bank and Trust (a division of Emigrant Bank offering private banking and trust services), New York Private Trust Company (an affiliate of Emigrant Bank offering trust services), Emigrant Direct and Dollar Savings Direct (each a division of Emigrant Bank offering certain banking products and services via the Internet).
Our Business Practices
- We collect only the information we need in order to serve you and conduct our business.
- We treat all personal and financial information about you in a confidential manner. This information may be obtained directly from you, or may be collected from other sources, or may result from applications you process with us.
- We maintain physical, electronic and procedural safeguards to protect customer information. We utilize state-of-the art technology for this purpose and upgrade, when appropriate, to improve our privacy protection performance.
- We limit access to your personal and financial information to those of our employees, agents and service providers that are required to have access to it in order to meet your financial needs or conduct our business.
- All of our employees, agents and service providers are responsible for compliance with the policies and procedures we have established to safeguard your personal and financial information.
- Our employees are governed by Emigrant’s Code of Conduct, which expressly requires the confidentiality of customer information, and our employees receive training in the importance of adhering to the procedures we’ve established to assure that confidentiality.
- Our data processing and electronic operations are performed in a secure technical environment that is accessed only by authorized personnel to transact legitimate business operations.
- We maintain electronic safeguards to protect customer privacy on our websites. This assures that when you conduct your business with us from your home or office, the privacy of your relationship and the information you furnish us online is protected.
- We carefully monitor our compliance with applicable laws and regulations and our internal security policies and procedures.
We collect and use various forms of information to open and service your accounts with us. We may also use this information to determine if other products or services might be of interest to you.
We collect and use nonpublic personal and financial information about you from a variety of sources, such as:
- Information we receive from you on applications or other forms;
- Information about your transactions with us, our affiliates, or others; and
- Information we receive from a consumer reporting agency.
- Information we receive about you from third parties may include credit bureau reports from consumer reporting agencies, or verifications received from other companies, in connection with loan applications or other transactions you have requested.
We may share all of the personal and financial information we collect, as described above, about our current and former customers with the Emigrant Family of companies, each of which provides unique and valuable products and services. They include, but are not limited to, mortgage banking services (residential, small business, and mixed-use property lending), insurance agency services, and loan administration.
Together, the Emigrant Family of companies offers a wide range of banking, loan and other products. By sharing information about your transactions and accounts among our Emigrant Family members, we give you an opportunity to enjoy the most integrated financial services available. This process improves your access to information about all of the account relationships you maintain with the Emigrant Family, and makes it easier for you to conduct business with us.
In addition, we may share with our affiliates other information that we collect about you, including information we obtain from:
- Your loan application, such as your income or marital status;
- A consumer report, such as your credit score or credit history;
- A third party to verify representations made by you, such as your open lines of credit or property insurance; and
- A third party regarding employment, credit or other relationship with you, such as a verification of your employment or credit history.
We may share all of the personal and financial information we collect, as described above, about our customers or former customers, with the Emigrant Family of companies, as necessary to or in connection with:
- Effecting, administering or enforcing a transaction that you have requested or authorized;
- Servicing or processing a financial product or service that you have requested or authorized;
- Maintaining or servicing your account with us;
- A transaction that necessitates the sharing of such information when such sharing is permitted by law.
These companies may include check printing and processing companies, data processing companies, and other service providers. We may also disclose all of the personal and financial information we collect, as described above, concerning our current and former customers to financial service providers, such as insurance agents, and to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements. Sharing information with these companies is permitted by law.
All of these companies act on our behalf, and are contractually obligated to use the information that we provide to them only to provide the services that we have contracted with them to perform. Each company is required to keep all such information strictly confidential, and is prohibited from making any of this information available to any other entity.
We may disclose personal and financial information in other circumstances, but we do not disclose any personal and financial information about our customers or former customers to anyone, except as required and/or permitted by law. This may include information provided:
- With your consent or direction;
- To comply with federal, state or local laws or other legal requirements, or a subpoena, summons, or judicial process, or to federal, state or local authorities, to the extent authorized by applicable law and regulation, including the Right to Financial Privacy Act;
- To protect the confidentiality or security of records pertaining to you, or a service, product or transaction pertaining to you;
- To protect against fraud, unauthorized transactions, claims or other liability;
- To a fiduciary on your behalf, or to your attorney, accountant or auditor; or
- Under other circumstances authorized by law or regulation.
By law, information that helps us identify you or that is derived from your transactions and experiences with us may be shared among the Emigrant family of companies (a) for purposes other than direct marketing, and (b) unless you instruct us otherwise, for direct marketing purposes. You can instruct us not to share other personal information about you with other Emigrant companies. Indicate your preference on the attached “Your Choice to Limit Marketing” form and return it to us at any time. Please note that if you instruct us not to share such information with other Emigrant companies, you may continue to receive marketing information by mail about your existing New York Private Bank & Trust account(s) or receive survey calls. Marketing information may also be included in regular account mailings and statements, and when you visit us online or at an ATM.
The policies and practices described in this disclosure are subject to change. However, we will communicate any significant changes to you as required by applicable law. The policies and practices described in this disclosure replace all previous notices or statements regarding this subject.