Privacy Policy
| FACTS | WHAT DOES CARO—SMART FINANCIAL SOLUTIONS DO WITH YOUR PERSONAL INFORMATION? |
|---|---|
| WHY? | Financial companies choose how they share your personal information. Federal law givesconsumers the right to limit some but not all sharing. Federal law also requires us to tell you how wecollect, share, and protect your personal information. Please read this notice carefully to understandwhat we do. |
| WHAT? | The types of personal information we collect and share depend on the product or service you havewith us. This information can include: • Social Secaurity number and account balances • checking account information and credit history • payment history and transaction history 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 everydaybusiness. In the section below, we list the reasons financial companies can share their members’personal information; the reasons Caro Federal Credit Union chooses to share; and whether youcan limit this sharing. |
| REASONS WE CAN SHARE YOUR PERSONAL INFORMATION | DOES CARO 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 to report to credit bureaus | Yes | No |
| For our marketing purposes – to offer our products and services to you | Yes | No |
| For joint marketing with other financial companies | Yes | No |
| 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 nonaffiliates to market to you | No | We don’t share |
QUESTIONS? Call 800.476.5861 or go to smartcaro.org
| WHO WE ARE | |
|---|---|
| Who is providing this notice? | Caro—Smart Financial Solutions (Caro) |
| WHAT WE DO | |
|---|---|
| How does Caro Federal Credit Union protect my personal information? | To protect your personal information from unauthorized access and use, we usesecurity measures that comply with federal law. These measures include computersafeguards and secured files and buildings. |
| How does Caro Federal Credit Union collect my personal information? | We collect your personal information, for example, when you • open an account or deposit money • show your government-issued ID or give us your income information • provide account information 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 yourcreditworthiness • affiliates from using your information to market to you • sharing for nonaffiliates to market to you State law and individual companies may give you additional rights to limit sharing. |
| DEFINITIONS | |
|---|---|
| Affiliates | Companies related by common ownership or control. They can be financial andnonfinancial companies. Caro Federal Credit Union has no affiliates |
| Nonaffiliates | Companies not related by common ownership or control. They can be financial andnonfinancial companies. Caro Federal Credit Union does not share with our nonaffiliates so they canmarket to you. |
| Joint marketing | A formal agreement between nonaffiliated financial companies that together marketfinancial products or services to you. Our joint marketing partners include insurance companies and financial advisors |
