Under the “Reason we share your personal information” section of our Bank’s opt-out notice it includes all the different ways the customer can limit their sharing by stating “Yes” or “No” in the third/right column. We explain to the customer they can limit their sharing for the following reasons:
- Our Marketing Purposes,
- Joint Marketing with other financial institutions, and
- Nonaffiliates to market to you.
Our Bank’s mail-in option form only has one (1) check off box. Our system will only allow the customer’s account to be programmed as either opted-in or opted-out. However, Appendix A to Part 216 under the section called, “Mail-in opt-out form” explains, “The mail-in form MUST provide opt-out options that correspond accurately to the “Yes” responses in the third column”. Does our Bank's privacy form need separate boxes for each, "Yes"? Or can one box be included on the form to answer, "Yes" to all the items listed on the form?