FACTS: WHAT DOES CONSUMERS FEDERAL CREDIT UNION 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 Transaction history
- Account balances Transaction of loss history
- Payment history Credit History
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 Consumers Federal Credit Union chooses to share; and whether you can limit this sharing.
| Reasons we can share your personal information | Does Consumers FCU 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 and 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 our affiliates to market to you | No | We don’t share |
| For nonaffiliates to market to you | No | We don’t share |
| What We Do | |
| How does Consumers Federal Credit Union 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. We also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access is appropriate. |
| How does Consumers Federal Credit Union collect my personal information? | We collect your personal information, for example, when you |
| 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 creditworthinessaffiliates from using your information to market to yousharing for nonaffiliates to market to you State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law. |
| Definitions | |
| Affiliates | Companies related by common ownership or control. They can be financial and non-financial companies. Consumers Federal Credit Union has no affiliates. |
| Nonaffiliates | Companies not related by common ownership or control. They can be financial and non-financial companies. Consumers Federal Credit Union does not share with nonaffiliates so they can market to you. |
| Joint Marketing | A formal agreement between nonaffiliated financial companies that together market financial products or services to you. Our joint marketing partners include Cuna Mutual Insurance. |
Other Important Information:
For Alaska, Illinois, Maryland and North Dakota Customers. We will not share personal information with nonaffiliates either for them to market to you or for joint marketing – without your authorization.
For California Customers. We will not share personal information with nonaffiliates either for them to market to you or for joint marketing – without your authorization. We will also limit our sharing of personal information about you with our affiliates to comply with all California privacy laws that apply to us.
For Massachusetts, Mississippi and New Jersey Customers. We will not share personal information from deposit or share relationships with nonaffiliates either for them to market to you or for joint marketing – without your authorization.
For Vermont Customers. We will not share personal information with nonaffiliates either for them to market to you or for joint marketing – without your authorization, and we will not share personal information with affiliates about your creditworthiness without your authorization.