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 and Income, Account balances and Payment history, Credit history and Credit Scores. When you are no longer our customer, we continue to share your information as described in this notice.
All financial companies need to share customer’s personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customer’s personal information; the reasons Electric Cooperatives Federal Credit Union chooses to share; and whether you limit this sharing.
|Reasons we can share your personal information.
If you have questions please call: 1 (501) 570-2396
|Does Electric Cooperatives FCU 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 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||No||We don’t share|
|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 non-affiliates to market to you||No||We don’t share|
Electric Cooperatives Federal Credit Union P O Box 194208, Little Rock, AR 72219
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 Apply for a loan, Use your debit card.
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
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.
Companies related by common ownership or control. They can be financial and nonfinancial companies. • Electric Cooperatives Federal Credit Union has no affiliates.
Companies not related by common ownership or control. They can be financial and nonfinancial companies. • We disclose to non-affiliated companies only for our everyday business purposes, such as to process transactions, maintain accounts, respond to court orders and legal investigations, or report to credit bureaus as otherwise permitted by law.
A formal agreement between non-affiliated financial companies that together market financial products or services to you. Our joint marketing partners include insurance and brokerage companies.
The mission of the Electric Cooperatives Federal Credit Union, a financial cooperative, is to provide sound competitive financial services to those individuals who are associated with the Electric Cooperatives of Arkansas.