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Financial Institution Offers Opt-Out

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What are Financial Institution Offers?

Financial institution offers are unsolicited offers from banks, credit card companies, brokerage firms, insurance companies, etc.

How to opt-out

If you opt-out, you limit the extent to which a financial institution can provide your personal financial information to non-affiliates. If you do not opt-out, the assumption is that the financial institution can share your data in some circumstances. A non-affiliate is generally defined as a company that is unrelated to your financial company. There is a great degree of variability between financial institutions. Some do not share customer information with non-affiliates, so they do not offer an opt-out. Some take an extra step and offer customers the ability to opt-out of both unaffiliated and affiliated marketing.

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