What does CTAFC Federal Credit Union do with your personal information?

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 application you process with us. This information can include: Social Security number and account balances account transactions and credit scores income and payment history.

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 CTAFC Federal Credit Union chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information Does CTAFC Federal Credit Share? Can you limit 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 products and services to you No Yes
For joint marketing with other financial institutions No Yes
For affiliates everyday business purposes including information about your past transactions and experiences No Yes
For our affiliates’ everyday business purposes – information about your creditworthiness Yes Yes
For our affiliates to market to you No Yes
For our non-affiliates to market to you No Yes

How can I limit sharing?

Call 312.243.5190 ext. 12 or Email us at: [email protected] Please note: If you are a new member, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our member, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.

How does CTAFC Federal Credit Union protect my information?

Reasons we can share your personal information Does CTAFC Federal Credit Union Share?
How does CTAFC 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 CTAFC Federal Credit Union collect my personal information? We collect your personal information, for example, when you:
– open an account or use your credit or debit card
– show your government-issued ID or apply for financing
– give us your contact informationWe 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 youState law and individual companies may give you additional rights to limit sharing.
What happens when I limit sharing for an account I hold jointly with someone else? Each joint account holder’s choice to limit sharing will apply only to themselves.
Definitions
Affiliates Companies are related by common ownership or control. They can be financial and nonfinancial companies.

We have no affiliates at this time. (4/16/22)
Nonaffiliates Companies not related by common ownership or control. They can be financial and nonfinancial companies.

Nonaffiliates we share with can include insurance companies and financial service providers.
We use Authorize.net to process application payments.
Joint Marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

We have no affiliates at this time. (4/16/22)