WHAT DOES SC TELCO 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 Income
Account Balances and Payment History
Transaction History and Credit History
When you are no longer our member, we continue to share your information as described in this notice.
All financial companies need to share member’s personal information to run their everyday business. In the section below, we list the reasons financial companies can share their member’s personal information; the reasons SC Telco Federal Credit Union chooses to share; and whether you can limit this sharing.
Sharing Personal Information
Reasons we can share your personal information
Does SC Telco 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
For our marketing purposes— to offer our products and services to you
For joint marketing with other financial companies
For our affiliates’ everyday business purposes—
information about your transactions and experiences
We do not share.
For our affiliates’ everyday business purposes— information about your creditworthiness
How does SC Telco 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 SC Telco Federal Credit collect my personal information?
We collect your personal information, for example, when you
Open an account or conduct a transaction
Pay your bills or apply for a loan
Use your credit or debit card
We also collect personal information from others such as credit bureaus, 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 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.
SC Telco Federal Credit Union has no affiliates.
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
The nonaffiliated we share with can include insurance companies, data processors, check printers, consumer reporting agencies, statement printers, mail houses, plastic card processors and government agencies.
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
Our joint marketing partners include insurance companies.
Other important information