How is my confidential financial information protected by UMB?
Financial Modernization Act of 1999‡, also known as the Gramm-Leach-Bliley Act (GLBA), includes provisions to protect consumers’ personal information held by financial institutions. GLBA gives authority to eight federal agencies and states to administer and enforce the Financial Privacy Rule and the Safeguards Rule. These two regulations apply to financial institutions, which include banks, securities firms, and insurance companies, and companies providing many other types of financial products and services to consumers. In accordance with this act, UMB has a privacy statement that protects your privacy.
