WHAT DOES GE CREDIT UNION DO WITH YOUR PERSONAL INFORMATION?
Facts
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 products or services you have with us. This information can include:
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Social Security numbers and income
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Account Balances and Payment History
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Credit History and Credit Score
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 personal information to run their everyday business. In the sections below, we list the reasons financial companies can share their members’ personal information, the reasons GE Credit Union chooses to share, and whether you can limit this sharing.
How does GE Credit Union share your information?
|
Reasons we can share your personal information |
Does GE Credit Union Share? |
Can you limit this sharing? |
|
For 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 |
Yes |
No |
|
For our marketing purposes- to offer our products and services to you |
Yes |
No |
|
For joint marketing with other financial companies |
Yes |
Yes |
|
For our affiliates' everyday business purposes- information about your transactions and experiences |
No |
We do not share |
|
For our affiliates' everyday business purposes- information about your creditworthiness |
No |
We do not share |
|
For non-affiliates to market to you |
No |
We do not share |
To limit our sharing:
Call 800.992.8472, visit or call your local branch, or send us an email at credit.union@myGECreditUnion.com
Please note: If you are a new member, we can begin sharing your information 90 days from the day 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 800.992.8472 or go to myGECreditUnion.com
What We Do
How does GE 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, secured files and buildings. At GE Credit Union, external companies routinely test our systems for any weaknesses and vulnerabilities to ensure your information is secure.
How does GE Credit Union collect my personal information?
We collect your personal information, for example, when you
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Open an Account or Deposit money
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Pay your bills
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Apply for a loan
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Show your driver's license
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
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sharing for affiliates' everyday business purposes-information about your creditworthiness
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affiliates from using your information to market to you
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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?
If you have a joint account, your choices will apply to everyone on your account unless you specify otherwise.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and non- financial companies.
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GE Credit Union has no affiliates.
Non-affiliates
Companies not related by common ownership or control. They can be financial and non-
financial companies.
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GE Credit Union may share your information with non-affiliates including mortgage companies, insurance companies, title companies, direct marketing companies and nonprofit organizations.
Joint Marketing
A formal agreement between non-affiliated financial companies that together market financial products or services to you.
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Our joint marketing partners include accidental death and dismemberment insurance companies.