FACTS

WHAT DOES VELOCITY EQUIPMENT FINANCE, A DIVISION OF TRANSPECOS BANKS, SSB., DO WITH YOUR PERSONAL INFORMATION?

Why?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

What?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

• Social security number
• Income
• Credit History
• Credit Score
• Checking account information
• Employment information

When you are no longer our customer, we continue to share your information as described in this notice.

How?

All financial companies need to share customers’ personal information to run their everyday business.
In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons TransPecos Banks chooses to share; and whether you can limit this sharing.

Reasons We Can Share Your Personal Information

Does Velocity EF Share?

Can You Limit Sharing?

For our everyday business purposes –
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus

Yes

No

For our marketing purposes –
to offer our products and services to you

Yes

No

For joint marketing with other financial companies

Yes

No

For our affiliates’ everyday business purposes –
information about your transactions and experiences

No

We Do Not Share

For our affiliates’ everyday business purposes –
information about your creditworthiness

No

We Do Not Share

For our affiliates to market to you

No

We Do Not Share

For non-affiliates to market to you

No

We Do Not Share

Questions?

Call toll-free (210) 228-4458 or go to www.velocityef.com

Who We Are

Who is providing this notice?

Velocity Equipment Finance, a Division of TransPecos Banks, SSB.

What We Do

How does Velocity EF protect my information?

To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and building

How does Velocity EF collect my information?

We collect your personal information, for example, when you:

• Open an account or deposit or withdraw from your account
• Apply for a loan or provide account information
• Give us your income information
• Pay your bills  
• Use your credit or debit card

We also collect your personal information from others such as credit bureaus, affiliates, or other companies.

Why can’t I limit all sharing?

Federal law gives you the right to limit only:

• Sharing for affiliates’ everyday business purposes –information about your creditworthiness
• Affiliates from using your information to market to you
• Sharing for non-affiliates to market to you

State laws and individual companies may give you additional rights to limit sharing. (See below for more on your rights under state law.)

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and non-financial companies.

• TransPecos Banks does not share with affiliates.

Non-Affiliates

Companies not related by common ownership or control. They can be financial and non-financial companies.

• TransPecos Banks does not share with non-affiliates.

Joint Marketing

A formal agreement between non-affiliated financial companies that together market financial products or services to you.

• Our Joint marketing partners include insurance companies.

Other Important Information

For Texas Customers. The Velocity Equipment Finance, a Division of TransPecos Banks, SSB., is chartered under the laws of the State of Texas and by state law is subject to regulatory oversight by the Texas Department of Savings and Mortgage Lending. Any consumer wishing to file a complaint against the TransPecos Banks, SSB should contact the Texas Department of Savings and Mortgage Lending through one of the means indicated below: In person, or by U.S. Mail: 2601 North Lamar Boulevard, Suite 201, Austin, Texas 78705-4294; Telephone No. (210)-228-4458; Fax No. (512) 936.2003; or via electronic submission via the Department’s website.