Regulatory Notices
Children’s Online Privacy Protection Act (COPPA) Notice
Protecting children’s privacy online
From our website, online products or services, we do not knowingly collect, use or disclosure personal information from children under 13 without obtaining verifiable consent from their parents which they can revoke at any time. We are not responsible for the data collection, use or disclosure practices of nonaffiliated third parties to which our websites may link.
For more information about the Children’s Online Privacy Protection Act (COPPA), visit the FTC website:
www.ftc.gov/consumer-protection/childrens-privacy.
CRA Statement
Under the Federal Community Reinvestment Act (CRA), the Federal Deposit Insurance Corporation (FDIC) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The FDIC also takes this record into account when deciding on certain applications submitted by us.
Your involvement is encouraged
You are entitled to certain information about our operations and our performance under the CRA. You may review the public section of our most recent CRA-Performance-Evaluation prepared by the FDIC and a list of services provided by this branch. You may also have access to the following additional information, which we will make available to you at a branch within five calendar days after you make a request to us:
(1) a map showing the assessment area containing our physical branch location, which is the area in which the FDIC evaluates our CRA performance in the community; (2) information about our branches in this assessment area; (3) a list of services we provide at those locations; (4) data on our lending performance in the assessment area; and (5) copies of all written comments received by us that specifically relate to our CRA performance in this assessment area, and any responses we have made to those comments. If we are operating under an approved strategic plan, you may also have access to a copy of the plan.
At least 30 days before the beginning of each quarter, the FDIC publishes a nationwide list of banks that are scheduled for CRA examinations in that quarter.
This list is available from:
Regional Director, FDIC,
25 Jessie Street at Ecker Square, Suite 2300
San Francisco, CA 94105.
You may send written comments about our performance in helping to meet community credit needs to the Chief Credit Officer, Bank of Marin, PO Box 2039, Novato, CA 94948 and to the FDIC Regional Director. You may also submit comments electronically through the FDIC’s website at www.fdic.gov/regulations/cra. Your letter, together with any response by us, will be considered by the FDIC in evaluating our CRA performance and may be made public.
You may ask to look at any comments received by the FDIC Regional Director. You may also request from the FDIC Regional Director an announcement of our applications covered by the CRA filed with the FDIC. We are an affiliate of Bank of Marin Bancorp, a bank holding company. You may request from the Community Affairs Officer, Federal Reserve Bank of San Francisco, 101 Market Street, San Francisco, CA 94105 an announcement of applications covered by the CRA filed by bank holding companies.
Electronic Funds Transfer Act (Regulation E)
Regulation E establishes the basic rights, and responsibilities of consumers who use electronic fund transfer services and of financial institutions that offer these services. The primary objective of the act and this part is the protection of individual consumers engaging in electronic fund transfers.
For the regulations, please visit the following links:
Regulation E Points
- Banks follow specific rules for electronic transactions issued by the Federal Reserve Board known as Regulation E. These rules cover all kinds of situations revolving around transfers made electronically. Under the consumer protections provided under Regulation E, you may be able to recover internet banking losses according to how soon you detect and report them.
- In general, these protections are extended to consumers and consumer accounts.
- Regulation E protects individual consumers engaging in electronic fund transfers (EFT). Non-consumer (or business) accounts are not protected by Regulation E.
- Regulation E is a consumer protection law for accounts established primarily for personal, family, or household purposes. Non-consumer accounts, such as Corporations, Partnerships, Trusts, etc., are excluded from coverage. Regulation E gives consumers a way to notify their Bank that an EFT has been made on their account(s) without their permission.
Equal Credit Opportunity Act (ECOA) Notice
We do business in accordance with Federal Fair Lending Laws.
Under the Federal Fair Housing Act, it is illegal, on the basis of race, color, national origin, religion, sex, handicap, or familial status (having children under the age of 18), to:
- Deny a loan for the purpose of purchasing, constructing, improving, repairing or maintaining a dwelling, or deny any loan secured by a dwelling; or
- Discriminate in fixing the amount, interest rate, duration, application procedures or other terms or conditions of such a loan, or in appraising property.
If you believe you have been discriminated against, you should send a complaint to:
Assistant Secretary for Fair Housing and Equal Opportunity
Department of Housing & Urban Development
Washington, DC 20410
For processing under the Federal Fair Housing Act and to:
Federal Deposit Insurance Corporation
National Center for Consumer and Depositor Assistance
1100 Walnut Street, Box #11
Kansas City, MO 64106
https://ask.fdic.gov/fdicinformationandsupportcenter
For processing under FDIC regulations
Under the Equal Credit Opportunity Act, it is illegal to discriminate in any credit transaction
- On the basis of race, color, national origin, religion, sex, marital status, or age,
- because income is from public assistance, or
- because a right was exercised under the Consumer Credit Protection Act.
If you believe you have been discriminated against, you should send a complaint to:
Federal Deposit Insurance Corporation
National Center for Consumer and Depositor Assistance
1100 Walnut Street, Box #11
Kansas City, MO 64106
https://ask.fdic.gov/fdicinformationandsupportcenter
Fair Lending Notice
THE HOUSING FINANCIAL DISCRIMINATION ACT OF 1977
It is illegal to discriminate in the provision of or in the availability of financial assistance because of the consideration of:
- Trends, characteristics or conditions in the neighborhood or geographic area surrounding a housing accommodation, unless the financial institution can demonstrate in the particular case that such consideration is required to avoid an unsafe and unsound business practice; or
- Race, color, religion, sex, marital status, national origin or ancestry.
It is illegal to consider the racial, ethnic, religious or national origin composition of a neighborhood or geographic area surrounding a housing accommodation or whether or not such composition is undergoing change, or is expected to undergo change, in appraising a housing accommodation or in determining whether or not, or under what terms and conditions, to provide financial assistance.
These provisions govern financial assistance for the purpose of the purchase, construction, rehabilitation or refinancing of one- to four-unit family residences occupied by the owner and for the purpose of the home improvement of any one- to four-unit family residence.
If you have questions about your rights, or if you wish to file a complaint, contact the management of this financial institution or:
California Department of Business Oversight
1515 K Street, Suite 200
Sacramento, CA 95814-4052
Federal Deposit Insurance Coverage (FDIC)
The standard insurance amount is $250,000 per depositor per insured bank, for each ownership category. Read more about FDIC insurance coverage, or if you have questions about your coverage, please ask a Bank of Marin representative, visit the FDIC’s Electronic Deposit Insurance Estimator (EDIE) or call 1-877-ASK-FDIC.
Funds Availability
Our general policy is to allow you to withdraw funds deposited in your account on the first business day after the day we receive your deposit. In some cases, we may delay your ability to withdraw funds beyond the first business day. Then, the funds will generally be available by the fifth business day after the deposit.
Having financial difficulty? We’d like to help you find solutions.
If you are having difficulty making payments on your mortgage loan or home equity line of credit and are looking to avoid foreclosure, please contact us today. We would be happy to talk with you and discuss possible options.
Your next steps
If you would like to discuss your options, please call us toll-free at 1-866-755-9319.
Please be prepared to discuss your household income and expenses, and have the following documents available when you call:
- Recent Pay Stubs
- A list of your current outstanding debts and minimum monthly payments
- Your most recent tax return
- Most recent bank statements and/or brokerage statements
Of course, every situation is different, and we cannot guarantee that our efforts will be successful in avoiding foreclosure.
Housing and Urban Development (HUD) can also help you find solutions. HUD is a U.S. government agency that increases home ownership and supports home buyers. HUD offers free low-cost counseling throughout the country. To find out where the nearest counseling agency is in your area, please call 1-800-569-4287.
Home Mortgage Disclosure Act (HMDA) Notice
The HMDA data about our residential mortgage lending are available for review. The data show geographic distribution of loans and applications; race, gender, and income of applicants and borrowers; and information about loan approvals and denials. These data are available online at the Consumer Financial Protection Bureau’s Web site (www.consumerfinance.gov/hmda). HMDA data for many other financial institutions are also available at this Web site.
Registered Mortgage Loan Originators
The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) requires employees of federally regulated lending institutions who act as mortgage loan originators (“MLO”) to register with the Nationwide Mortgage Licensing System and Registry (“Registry”). Each Bank of Marin MLO is registered with the Registry and has a unique identification number. If you would like to confirm that the mortgage professional with whom you wish to conduct business with is authorized to perform mortgage business, you can search at www.nmlsconsumeraccess.org to find information regarding the MLO who is registered with the NMLS.
Unfair, Deceptive or Abusive Acts or Practices (UDAAP)
The Dodd Frank Act and Bank of Marin Bancorp Policy prohibit conduct that constitutes an unfair, deceptive, or abusive act or practice. UDAAP applies to both consumer and commercial services.
For more information about Unfair, Deceptive or Abusive Acts or Practices (UDAAP) or if you have questions, visit the CFPB website.
USA Patriot Act
Important information about account opening procedures.
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.
What this means for you
When you open an account, we will ask for your name, address, date of birth, tax identification number and other information that will allow us to identify you.
We may also ask to see your driver’s license or other identifying documents.
customer resources
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