Reviewed March 2018
WHAT DOES THE SUMMIT FEDERAL CREDIT UNION (SFCU) 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 account transactions
- account balances and transaction history
- payment history and credit history
How?
All financial companies need to share member/consumer personal information to run their everyday business. In the section below, we list the reasons financial companies can share their member/consumer personal information; the reasons The Summit Federal Credit Union chooses to share; and whether you can limit this sharing.
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Reasons we can share your personal information
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Does SFCU share?
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Can you limit this
sharing?
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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
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No
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For our marketing purposes –
To offer our products and services to you |
Yes
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No
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For joint marketing with other financial companies
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Yes
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No
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For our affiliates’ everyday business purposes –
Information about your transactions and experiences |
No
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We don’t share
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For our affiliates’ everyday business purposes –
Information about your creditworthiness |
No
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We don’t share
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For nonaffiliates to market to you
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No
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We don’t share
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Questions? Call 1-800-836-SFCU (7328)
What we do
How does SFCU 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 maintain physical, electronic, and procedural safeguards that comply with all federal regulations to protect your nonpublic personal information.
How does SFCU collect my personal information?
We collect your personal information, for example, when you
- Open an account or apply for a loan
- Use your credit or VISA Debit/Check Card or pay your bills
- Provide employment 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 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 nonfinancial companies.
- SFCU does not share with our affiliates.
Non-affiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- SFCU does not share with non-affiliates 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 institutions such as insurance companies.