Privacy Notice

What Does Family Savings Credit Union Do With Your Personal Information?

Rev. Date 9/14

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 income
  • Account balances and payment history
  • Account transactions and credit history
How? All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information, the reasons Family Savings Credit Union chooses to share, and whether you can limit this sharing.
Reasons We Can Share Your Personal Information Does [Financial Institution] 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 Yes  Yes
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 Do Not Share
For our affiliates to market to you No We Do Not Share
What We Do
How does Family Savings Credit Union protect my 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 Family Savings Credit Union collect my personalinformation? 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 credit or debit card
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.
State laws and individual companies may give you additional rights to limit sharing.
(See below for more on your rights under state law.)
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and non-financial companies. 
  • Family Savings Services, LLC.
Non‑Affiliates
Companies not related by common ownership or control. They can be financial and non-financial companies.
  • Family Savings Credit Union does not share with 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 investment, insurance, and other financial services companies. 
Other Important Information
In accordance with California law, Family Savings Credit Union will not share information we collect about California residents with companies outside of [Financial Institution], except as permitted by law, such as legal processes or as required to service your account. We will limit sharing within our company to the extent required by applicable California law.