FedChoice Privacy Policy

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WHAT DOES FEDCHOICE DO WITH YOUR PERSONAL INFORMATION

Geolocation Privacy Policy for FedChoice Card Controls App Users

Our FedChoice Card Controls App periodically collects, transmits, and uses geolocation information to enable features that prevent fraudulent card use and send alerts, but only if the End User expressly authorizes collection of such information. Geolocation information can be monitored on a continuous basis in the background only while the Solution is being used or not at all, depending on the End User’s selection. End Users can change their location permissions at any time in their device settings.

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 account balances
checking account information and credit history
employment information and payment history

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

What We Do

How does FedChoice 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 FedChoice Federal Credit Union collect my personal information?

We collect your personal information, for example, when you

open an account or show your government-issued ID
apply for financing or give us your contact information
give us your wage statements

We 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 you

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 else?

Your choices will apply to everyone on your account – unless you tell us otherwise.

Reasons we can share your personal information:

1. 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

Does FedChoice Federal Credit Union share? Yes
Can you limit sharing? No

2. For our marketing purposes – to offer our products and services to you

Does FedChoice Federal Credit Union share? Yes
Can you limit sharing? No

3. For joint marketing with other financial companies

Does FedChoice Federal Credit Union share? Yes
Can you limit sharing? Yes

4. For our affiliates’ everyday business purposes – information about your transactions and experiences

Does FedChoice Federal Credit Union share? No
Can you limit sharing? We don't share

5. For our affiliates’ everyday business purposes – information about your creditworthiness

Does FedChoice Federal Credit Union share? No
Can you limit sharing? We don't share

6. For nonaffiliates to market to you

Does FedChoice Federal Credit Union share? No
Can you limit sharing? We don't share

To limit our sharing

Call 301.699.6151 or email or online chat
Visit us online: fedchoice.org

Please note: If you are anew 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.

Questions?

Call 301.699.6151 or go to fedchoice.org.

Definitions

Affiliates - companies related by common ownership or control. They can be financial and non-financial companies. FedChoice Federal Credit Union has no affiliates.

Nonaffiliates - companies related by common ownership or control. They can be financial and non-financial companies. FedChoice Federal Credit Union does not share with our nonaffiliates so they can market to you.

Joint Marketing - A formal agreement between nonaffiliated financial companies that together market financial products or services to you. Our joint marketing partners include advertising/marketing agencies and insurance companies.

For a printable version of our privacy policy, please click here. 

Rev 3/16