10 facts about your bank account privacy

By MindStick

Your bank is legally required to keep your account information confidential.

Your bank is not allowed to share your personal information with third-party companies without your permission.

Banks use encryption technology to protect your account information from hackers and other unauthorized individuals.

The bank may share your information with government agencies in certain situations, such as fraud investigations or suspected criminal activity.

You can set up alerts to notify you of any suspicious activity on your account.

Your bank may be required to report large cash deposits or withdrawals to the government.

Banks may require you to provide personal information, such as your Social Security number, when opening an account to comply with federal laws.

You can choose to opt-out of receiving marketing materials from your bank.

If you suspect your bank account has been compromised, you should contact your bank immediately.

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