HBI Credit Union-Privacy Notice   Back to HBICU.com

FACTS

 

WHAT DOES HBI CREDIT UNION DO WITH YOUR PERSONAL INFORMATION?

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 services 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 member, we continue to share your information as described in this notice.

HOW?

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

 

Reasons we can share your personal information

Does HBI CU share?

Can you limit this?

For our everyday business purposes- such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or to report to credit bureaus.

 

Yes

 

No

 

For our marketing purposes- to offer our products and services to you

 

No

 

We don’t share

For joint marketing with other financial companies

 

No

 

We don’t share

For our affiliates’ everyday business purposes- information about your transactions and experiences

 

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 nonaffiliates to market to you

Yes

Yes

 

Questions?

 

Call 651-642-4490

 

What we do

How does HBI CU 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 HBI CU collect my personal information?

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 card or debit card

We also collect your 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 credit worthiness
  • 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

 

Definitions   

Affiliates

Companies related by common ownership or control.  They can be financial and nonfinancial companies.

Nonaffiliates

Companies not related by common ownership or control.  They can be financial and nonfinancial companies.

·         CUNA Mutual Group

Joint Marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.