|FACTS||WHAT DOES BI 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 product or service you have with us. This information can include: *Social Security number and account balances *account transactions and checking account information *credit history and transaction or loss history
All financial companies need to share members’ personal information to run their everyday business. In the section below, we list the reasons financial cooperatives can share their members’ personal information; the reasons BI Federal Credit Union chooses to share; and whether you can limit this sharing.
|Reasons we can share your personal information||Does BI 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 report to credit bureaus.||YES||NO|
|For our marketing purposes – to offer our products and services to you.||YES||YES|
|For joint marketing with other financial companies.||YES||YES|
|For our affiliates’ everyday business purposes – information about your transactions and experiences||NO||N/A|
|For our affiliates’ everyday business purposes – information about your creditworthiness||NO||N/A|
|For non affiliates to market you||NO||N/A|
|To limit our sharing: See our contact information 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.|
B. I. Federal Credit Union
|What we do|
|How does BI 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. In addition to extensive electronic and physical safeguards, we conduct information security staff awareness training, conduct risk assessments, penetration tests, and develop procedures for the protection of member information.|
|How does BI Federal Credit Union collect my personal information?||We collect your personal information, for example, when you
We also collect 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
State laws 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||Your choices will apply to everyone on your account.|
|Affiliates||Companies related by common ownership or control. They can be financial and non financial companies BI Federal Credit Union has no Affiliates.|
|NonAffiliates||Companies NOT related by common ownership or control. They can be financial and non-financial companies Non-affiliates we can share with include insurance companies, government agencies, plastic card processors (debit/credit), financial statement publishers or printers, consumer reporting agencies, and data processors.|
|Joint Marketing||A formal agreement between non-affiliated financial companies that together market financial products or services to you. * Our joint marketing partners include CUNA Mutual Group’s MEMBERCONNECT|
|Links: For purposes of convenience, BI Federal Credit Union’s site contains links to third party web sites. BI Federal Credit Union makes no representations or warranties about any third party web site that you may access through the links. By providing a link to those web sites, BI Federal Credit Union does not endorse, adopt, or otherwise accept any responsibility for the content or use of those web sites.|