Bank of America · Bank of America Privacy Notice · View original document ↗

Sharing with Nonaffiliates for Joint Marketing

Medium severity Unique · 0 of 343 platforms
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Document Record

What it is

Bank of America shares your personal information with outside companies under joint marketing agreements, such as other financial companies they partner with to offer products. You may be able to limit this sharing.

This analysis describes what Bank of America's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

The authorization of information sharing for joint marketing establishes operational parameters for how customer data may be distributed across financial institutions for coordinated marketing initiatives, which affects the scope of third-party access to customer information.

Clause Stability Stable

0
Changes
3
Months Monitored
Apr 3, 2026
First Seen
Apr 17, 2026
Last Seen
This clause type exists across 1153 other provisions on other platforms.

Consumer impact (what this means for users)

Third-party companies operating under joint marketing arrangements with Bank of America may receive your financial data, expanding the universe of entities holding your personal information beyond your direct bank.

What you can do

⚠️ These actions may provide transparency or partial mitigation but may not fully address the underlying issue. Effectiveness varies by jurisdiction and individual circumstances.
  • Opt Out of Arbitration
    Call 1-888-341-5000 to request an opt-out from joint marketing data sharing with nonaffiliated companies. Confirm which specific sharing types are covered by your opt-out request.

How other platforms handle this

Betterment Medium

For joint marketing with other financial companies - To offer our products and services to you. Our joint marketing partners include our banking partner, nbkc bank, and other financial services companies.

Affirm Medium

We may share your personal information with our merchant and business partners, marketing partners, and other third parties for purposes such as joint marketing, cross-marketing, and to provide you with offers and promotions that may be of interest to you.

Stash Medium

We may collect information derived or resulting from voluntary surveys. We may also collect Personal Information when you voluntarily provide us with Personal Information as a Visitor, such as when you use our "Contact Us" form.

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▸ View Original Clause Language DOCUMENT RECORD
"
For joint marketing with other financial companies. Yes. No.

— Excerpt from Bank of America's Bank of America Privacy Notice

ConductAtlas Analysis

Institutional analysis (Compliance & governance intelligence)

Joint marketing arrangements with nonaffiliated financial companies require contractual safeguards under GLBA and represent a category where opt-out rights may apply; compliance teams should verify that partner agreements include appropriate data use restrictions.

Full compliance analysis

Regulatory citations, enforcement risk, and due diligence action items.

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Applicable agencies

  • Consumer Financial Protection Bureau (cfpb)
    Regulates consumer financial products and services. Can investigate companies for unfair, deceptive, or abusive financial practices including improper fees, billing errors, and data misuse.
    Who can file: Anyone who has used a consumer financial product or service in the US
    What you need: Account number or details, dates of transactions or events, description of the issue, and any supporting documents
    What to expect: The company must respond within 15 days. The CFPB forwards your complaint and may use it in enforcement actions. Individual compensation is possible in some cases.
    File a complaint →

Applicable regulations

CCPA/CPRA
California, USA
Connecticut Data Privacy Act Amendments
US-CT
CAN-SPAM
United States Federal
FCRA
United States Federal
FTC Act Section 5
United States Federal
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
Kentucky Consumer Data Protection Act
US-KY
Universal Opt-Out Mechanism Expansion 2026
US

Provision details

Document information
Document
Bank of America Privacy Notice
Entity
Bank of America
Document last updated
May 5, 2026
Tracking information
First tracked
March 6, 2026
Last verified
March 9, 2026
Record ID
CA-P-000465
Document ID
CA-D-00054
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
0579b728c8274563edb0567013330303ccd10cd282e63b0f72de6678becec2d3
Analysis generated
March 6, 2026 19:33 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Bank of America
Document: Bank of America Privacy Notice
Record ID: CA-P-000465
Captured: 2026-03-06 19:33:25 UTC
SHA-256: 0579b728c8274563…
URL: https://conductatlas.com/platform/bank-of-america/bank-of-america-privacy-notice/sharing-with-nonaffiliates-for-joint-marketing/
Accessed: July 4, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

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Frequently Asked Questions

What does Bank of America's Sharing with Nonaffiliates for Joint Marketing clause do?

The authorization of information sharing for joint marketing establishes operational parameters for how customer data may be distributed across financial institutions for coordinated marketing initiatives, which affects the scope of third-party access to customer information.

How does this clause affect you?

Third-party companies operating under joint marketing arrangements with Bank of America may receive your financial data, expanding the universe of entities holding your personal information beyond your direct bank.

Is ConductAtlas affiliated with Bank of America?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Bank of America.