WHAT DOES EDUCATIONAL COMMUNITY ALLIANCE CREDIT UNION DO WITH YOUR PERSONAL INFORMATION?
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.
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 ● Credit history ● Account balances ● Credit card or other debt ● Payment history ● Checking account information When you are no longer our member, we continue to share your information as described in this notice.
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 Educational Community Alliance Credit Union chooses to share; and whether you can limit this sharing.
To protect your personal information from unauthorized access and use, Community Alliance we use security measures that comply with federal law. These Credit Union measures include computer safeguards and secured files and buildings.
We collect your personal information, for example, when you: Alliance Credit Union collect my personal information? ● Open an account ● Make deposits or withdrawals from your account ● Apply for a loan ● Use your credit or ● Show your driver’s license debit card We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
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 credit worthiness ▪ Affiliates from using your information to market to you ▪ Sharing for non-affiliates to market to you State laws and individual companies may give you additional rights to limit sharing.
What happens when I limit sharing Your choices will apply to everyone on your account- unless you tell us for an account I hold jointly with otherwise. someone else? What happens when I limit sharing If you are the joint owner, it will apply specifically to you unless you for an account that I’m not the tell us otherwise. primary owner but joint owner? Definitions Affiliates Companies related by common ownership or control.
They can be financial and nonfinancial companies. ● Educational Community Alliance Credit Union does not have any affiliates.
Companies not related by common ownership or control. They can be financial or nonfinancial companies. ● Non-affiliates we share with can include insurance companies. Joint marketing
A formal agreement between non-affiliate financial companies that together market financial products or services to you. ● Marketing partners include insurance companies.