WHAT DOES CARTER FEDERAL CREDIT UNION DO WITH YOUR PERSONAL INFORMATION?
Why?
Financial companies choose how they share your personal in- formation. 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 account balances
- credit history and credit scores
- employment information and mortgage rates and payments
When you are no longer our 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 section below, we list the reasons financial companies can share their members’ personal information; the reasons Carter Federal Credit Union chooses to share; and whether you can limit this sharing.
| Reasons we can share your personal information |
Does Carter 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 |
No |
For our affiliates’ everyday business purposes –
information about your transactions and experiences |
Yes |
No |
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 Carter 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 Carter Federal Credit Union collect my personal information?
We collect your personal information, for example, when you
- open an account or seek advice about your investments
- provide employment information or apply for financing
- give us your contact information
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 nonaffiliates to market to you
State law 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 nonfinancial companies.
- Our affiliates include financial companies, such as BAFS (CUSO business loans), SB Mortgage Services (CUSO mortgage loans, and Zelle.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Nonaffiliates we share with can include insurance companies, government agencies, plastic card processors (credit/debit/ATM), financial statement publishers or printers, mailhouse, mortgage companies, mortgage service companies, data processors, and check/share draft printers.
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.
Other Important Information: We do not knowingly collect Personal Information from individuals under the age of 13 who use our Sites without obtaining consent from a parent or legal guardian. To learn more about the Children’s Online Privacy Protection Act (COPPA), please visit the Federal Trade Commission’s website or the National Credit Union Association (NCUA).