Privacy Policy

Legal Disclosures
Security
California Disclosures and Privacy Policy

Rev. 11/2015

FACTS WHAT DOES REPUBLIC PROCESSING GROUP, A DIVISION OF REPUBLIC BANK & TRUST COMPANY, 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 and payment history
  • transaction history and credit history
  • credit card or other debt and account transactions
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 Republic Processing Group chooses to share; and whether you can limit this sharing.
Reasons we can share your personal informationDoes Republic Processing Group share?Can you limit this 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 don't share
For our affiliates' everyday business purposes– information about your creditworthiness No We don't share
For nonaffiliates to market to you Yes Yes
To limit our sharing Call toll-free 1-888-225-0080 to speak to an account representative.
Please note:
If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice.

However, you can contact us at any time to limit our sharing.
Questions? Call 1-888-225-0080 or go to Elastic.com
Who we are
Who is providing this notice? This privacy notice is provided by Republic Processing Group, a division of Republic Bank & Trust Company, and describes the sharing practices applied to your Elastic Line of Credit.
What we do
How does Republic Processing Group protect my personal 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 buildings.
How does Republic Processing Group collect my personal information? We collect your personal information, for example, when you
  • open an account or apply for a loan
  • provide account information or make deposits or withdrawals from your account
  • give us your income information
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 nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
What happens when I limit sharing for an account I hold jointly with someone else? Your choices will apply to everyone on your account. 
Definitions
Affiliates Companies related by common ownership or control. They can be financial and nonfinancial companies.
  • Republic Processing Group does not share with our affiliates.
Nonaffiliates Companies not related by common ownership or control. They can be financial and nonfinancial companies.
  • Nonaffiliates we share with can include third party service providers, third party processors, financial services companies, retailers, direct marketing companies and nonprofit organizations.
Joint Marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
  • Our joint marketing partners include prepaid card program managers and consumer credit origination services.
Other Important Information
California and Vermont Residents: Accounts with a California or Vermont mailing address are automatically treated as if they have limited sharing as described above. We will not share your information except for our everyday business purposes, marketing our products and services to you, and as required or permitted by law.

Nevada Residents: You may contact the Nevada Attorney General for opt out information by phone (775-684-1100); email (bcpinfo@ag.state.nv.us); or mail (100 N. Carson St., Carson City, NV 89701). We may share your personal information with offshore service providers, for the limited purpose of providing a customer service call center for certain of the bank’s products and services.
 

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The Elastic line of credit is offered by Republic Bank & Trust Company, member FDIC. We will charge a 5% or 10% Cash Advance Fee, depending on your Billing Cycle, for each Cash Advance you request. We will deduct the Cash Advance Fee from the amount of the Cash Advance you request, and deliver only the Elastic Cash amount to you. You are required to repay a portion of your Balance each Billing Cycle, and if you have a Carried Balance of greater than $10, a Carried Balance Fee of $5 - $350 will apply. Consult the Terms and Conditions for complete details. Elastic is an expensive form of credit and should not be used as a long-term solution.
 

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