FACTS: WHAT DOES HOWARD COUNTY EDUCATION 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 and checking account information
- Credit history and employment information
- Income and overdraft history
When you are no longer a member, we continue to share your information as described in this notice.
HOW?
All financial companies need to share members’ personal information to run their everyday business. In the next section we list the reasons financial companies can share their member’ personal information; the reasons Howard County Education Federal Credit Union chooses to share; and whether you can limit the sharing.
| Reasons We Can Share Your Personal Information | Does HCE FCU Share? | Can You Limit This Sharing? |
|---|---|---|
| For our everyday business purposes – Such as to process your transaction, 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 | 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 credit worthiness |
NO | We don’t share. |
| For non-affiliates to market to you | NO | We don’t share. |
WHAT WE DO: HOW DOES HOWARD COUNTY EDUCATION 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 HOWARD COUNTY EDUCATION FEDERAL CREDIT UNION COLLECT MY PERSONAL INFORMATION?
We collect your personal information for example, when you
- open an account or show your government-issued ID
- provide account information or give us your contact information
- show us your driver’s license.
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
- sharing for non-affiliates to market to you
- State laws and individual companies may give you additional rights to limit sharing.
DEFINITIONS
Affiliates – Companies related by common ownership or control. They can be financial and non-financial
companies.
Howard County Education Federal Credit Union has no affiliates.
Non-affiliates – Companies not related by common ownership or control. They can be financial and non-financial companies.
Howard County Education Federal Credit Union does not share with our non-affiliates so they can market to you.
Joint Marketing – A formal agreement between non-affiliated financial companies that together market financial products or services to you.
Our joint marketing partners include CUNA Mutual Group’s MEMBERCONNECT.
QUESTIONS?
Call (410) 461-2257 or go to www.hctafcu.org