FACTS
WHAT DOES COVE FEDERAL CREDIT UNION DO WITH YOUR PERSONAL INFORMATION?
WHY
Financial companies choose how they share your personal information. Federal law gives con- sumers 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 assets
- Account balances and payment history
- Credit history and credit scores
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 Cove Federal Credit Union chooses to share; and whether you can limit this sharing.
| Reasons we can share your personal information | Does Cove 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 investiga- tions, 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 | 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 our nonaffiliates' to market to you | NO | We don't share |
To Limit our Sharing
Please note: You can contact us at any time to limit our sharing.
Questions?
Contact: Cove Federal Credit Union at 859-292-9000
What We Do
How does Cove FCU 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 Cove FCU collect my personal information?
We collect your personal information, for example, when you
- open an account or deposit money
- apply for a loan or provide account information
- use your credit or debit card
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 non-affiliates’ 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.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
OUR AFFILIATES INCLUDE COMPANIES WITH A COMMON CORPORATE IDENTITY OF COVE FCU.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
COVE FCU DOES NOT SHARE WITH 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 INSURANCE COMPANIES.