Privacy

Privacy Statement

Bank-Fund Staff Federal Credit Union (BFSFCU) recognizes its responsibility to protect the privacy of personal, nonpublic information our members provide regarding their financial transactions with us. BFSFCU will take all necessary steps to safeguard sensitive information that has been entrusted to us by our members. The purpose of this statement is to set forth the guidelines under which such information may be shared with third parties. It is the intent of BFSFCU to abide by all applicable laws and regulations governing the privacy of member information.

What does BFSFCU do with your personal information?

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.

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.
  • Credit history and payment history.
  • Account transactions and checking account information.

When you are no longer our member, we continue to share your information as described in the Privacy Notice.

Reasons we can share your personal information Does BFSFCU 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 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 DO NOT SHARE
For our affiliates to market to you NO WE DO NOT SHARE
For nonaffiliates to market to you NO WE DO NOT SHARE

How we protect your 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. Access to information is limited to those employees who have a need to know.

How we collect your personal information

We collect your personal information, for example, when you:

  •  Apply for membership
  • Open an account
  • Apply for a loan
  • Use your credit or debit card

We also collect your information from others, such as credit bureaus.

Why can't I limit the information you share?

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

Read the Privacy Notice