WoodForest CellIt Plus

Privacy policy


Woodforest National Bank complies with the Bank Secrecy Act and the USA Patriot Act to help the government fight the funding of terrorism and money laundering activities.
Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account or becomes a new customer of the financial institution.
Our Customer Identification Program is designed to comply with all federal mandates.  When MERCHANT opens an account or obtains a service from the BANK, BANK will ask for owner/officer name, address, date of birth, and other information that will allow BANK to identify MERCHANT.
BANK will also be asking MERCHANT to provide identifying documentation, such as driver's license or other forms of identification.  BANK can and will refuse to open an account or provide services if adequate identification is not provided, or BANK is dissatisfied with the identification provided.
BANK collects non-public personal information about MERCHANT from the following sources:  Information received from applications or other forms; Information about transactions with BANK, our affiliates, or others; and Information received from consumer reporting agencies.

As required by the USA PATRIOT Act, BANK also collects information and takes actions necessary to verify MERCHANT identity.
BANK may disclose all the information collected, as described above, to companies that perform marketing services on BANK's behalf or to other financial institutions with which BANK has joint marketing agreements.
BANK does not disclose any non-public personal information about our MERCHANTS to anyone, including our affiliates, except as permitted by Applicable Law.
Internally, BANK restricts access to non-public personal information about MERCHANTS to associates who need to know that information to provide customer support and or to maintain records.
BANK'S internal conduct clearly defines the manner in which an associate may access, use, or disseminate non-public information.
BANK maintains physical, electronic, and procedural safeguards that comply with federal standards to guard MERCHANT'S non-public personal information.

If MERCHANT decides to close account(s) or become an inactive merchant, BANK will adhere to the policies and practices as described in this notice.