Why,What, and How
| 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 informatioin can include: Social Security number and account balances, credit history and credit scores, income and payment history |
| How? | All financial companies need to share members personal information to run their everyday business. In the section below, we list the reasons financial companies can share their members personal information; the reasons Class Act Federal Credit Union chooses to share, and whether you can limit this sharing. |
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.
The types of personal information we collect and share depend on the product or service you have with us. This informatioin can include: Social Security number and account balances, credit history and credit scores, income and payment history
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.
All financial companies need to share members personal information to run their everyday business. In the section below, we list the reasons financial companies can share their members personal information; the reasons Class Act Federal Credit Union chooses to share, and whether you can limit this sharing.
| Reasons we can share your personal information | Does Class Act Federal Credit Union 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 to report to credit bureaus | Yes | No |
| For our marketing purposes – to offer our products and services to you | Yes | No |
| For joint marketing with other financial companies | Yes | Yes |
| 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 nonaffiliates to market to you | No | We don’t share |
Reasons we can share your personal information
Does Class Act Federal Credit Union share?
Yes
Can you limit this sharing?
No
Does Class Act Federal Credit Union share?
Yes
Can you limit this sharing?
No
Does Class Act Federal Credit Union share?
Yes
Can you limit this sharing?
Yes
Does Class Act Federal Credit Union share?
No
Can you limit this sharing?
We don’t share
Does Class Act Federal Credit Union share?
No
Can you limit this sharing?
We don’t share
Does Class Act Federal Credit Union share?
No
Can you limit this sharing?
We don’t share
What we do
| How does Class Act 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. |
|---|---|
| How does Class Act Federal Credit Union collect my personal information? | We collect your personal information, for example, when you: open an account or deposit money, pay your bills or show a government issued ID, apply for financing. 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 creditworthiness, affiliates from using your information to market to you, and sharing for nonaffiliates to market to you. State law and individual companies may give you additional rights to limit sharing. |
| What happens when I limit sharing for an account I hold jointly with someone else? | Your choices will apply to everyone on your account. |
How does Class Act 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 collect your personal information, for example, when you: open an account or deposit money, pay your bills or show a government issued ID, apply for financing. We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
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.
Federal law gives you the right to limit only: sharing for affiliates’ everyday business purposes – information about your creditworthiness, affiliates from using your information to market to you, and sharing for nonaffiliates to market to you. State law and individual companies may give you additional rights to limit sharing.
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.
Your choices will apply to everyone on your account.
Definitions
| Affiliates | Companies related by common ownership or control. They can be financial and nonfinancial companies. Class Act Federal Credit Union has no affiliates |
|---|---|
| Nonaffiliates | Companies not related by common ownership or control. They can be financial and nonfinancial companies. Class Act Federal Credit Union does not share with our 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 insurance companies and loan recapture programs. |
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies. Class Act Federal Credit Union has no affiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies. Class Act Federal Credit Union does not share with our nonaffiliates so they can market to you.
Companies related by common ownership or control. They can be financial and nonfinancial companies. Class Act Federal Credit Union has no affiliates
A formal agreement between nonaffiliated financial companies that together market financial products or services to you. Our joint marketing partners include insurance companies and loan recapture programs.