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#547940 - 05/15/06 06:30 PM Annual Privacy Notice
ksm Offline
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ksm
Joined: May 2003
Posts: 302
Midwest
According to 216.9 (g) we can give one notice per account and count that as notice to all consumers jointly. Therfore, we should be ok if we stuff in all our checking and savings statements and send to any primary account holders who do not have a checking or savings account?

We only need to give the notice to consumers, so we do not need to send to business accounts. Do you send to sole props?

Thanks

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General Discussion
#547941 - 05/16/06 06:49 PM Re: Annual Privacy Notice
Love those Regs Offline
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Joined: Apr 2002
Posts: 292
Southern State
I think you're covered. We statement stuff all consumers who receive a statement (checking, HELOCs, etc.) and all others (safe deposit box holders, car loans, etc.) get a separate mail out. We eliminate as many duplicates as our system can identify.
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#547942 - 05/17/06 09:36 PM Re: Annual Privacy Notice
ksm Offline
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ksm
Joined: May 2003
Posts: 302
Midwest
So you do not send to business customers?

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