SUMA-1008 Rev. 9/14
When you are no longer a member of the credit union, we continue to share information about you as described in this notice.
| Facts | What Does SUMA Federal Credit Union Do With Your Personal Information |
|---|---|
| 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:
|
| How? | All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information, the reasons SUMA Federal Credit Union chooses to share, and whether you can limit this sharing. |
| Reasons We Can Share Your Personal Information | Does the Credit Union 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 |
No | We Do Not Share |
| For joint marketing with other financial companies | No | We Do Not Share |
| 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 our affiliates to market to you | No | We Do Not Share |
| What We Do | |
|---|---|
| How does SUMA Federal Credit Union protect my 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 SUMA Federal Credit Union collect my information? |
We collect your personal information, for example, when you
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 sharing only for
State laws and individual companies may give you additional rights to limit sharing.
|
| Definitions | |
|---|---|
| Affiliates |
|
| Non‑Affiliates |
|
| Joint Marketing |
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
|
| Other Important Information | |
|---|---|
| We will not share personal information with nonaffiliates either for them to market to you or for joint marketing without your authorization. We must notify you about our sharing practices when you open an account and each year thereafter. | |
Notice of Your Financial Privacy Rights
We, our, and us, when used in this notice, mean SUMA Federal Credit Union.
This is our privacy notice for our members. When we use the words you and your we mean the following types of members:
Our consumer members who have a continuing relationship by purchasing or holding financial products or services such as a(n):
- Share account
- Loan account
- Credit card account
- Safe deposit box
- Self-directed Individual Retirement Account
We will tell you the sources of the information we collect about you. We will tell you what measures we take to secure that information.
Let us first define some terms:
Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records. Hereafter, we will use the term "information" to mean nonpublic personal information as defined in this section.
An affiliate is a company we own or control.
A nonaffiliated third party is a person we do not employ or a company that is not an affiliate of ours. This is also known as nonaffiliated third party, or simply, an "other party."
The Information We Collect
We collect information about you from the following sources:
- Information you give us on applications or other forms
- Information about your transactions with us
- Information about your transactions with other parties
- Information from a consumer reporting agency
- Information we receive as a result of verifying customer information
Information We Disclose About You
We do NOT disclose any information about you to anyone, except as permitted by law. Examples of this might include disclosures necessary to service your account or prevent unauthorized transactions.
The Confidentiality, Security, and Integrity of Your Information
We restrict access to information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards to protect this information.
Information About Former Members
We do not disclose information about former members, except as permitted by law.
SUMA Federal Credit Union Online Privacy Policy
Date Last Updated: March 28, 2024
Effective Date: March 28, 2024
Introduction and Intention
SUMA Federal Credit Union, together with its subsidiaries and affiliates (collectively, “SUMA Federal Credit Union”, “we”, “us” or “our”), strives to serve your needs and to protect your identity and any information we collect about you.
Our Online Privacy Policy:
- covers your interaction with SUMA Federal Credit Union, its subsidiaries and affiliates, and companies engaged by SUMA Federal Credit Union and its subsidiaries and affiliates to render services (“Service Providers”) when you use any mobile application or visit any website that we own, or visit other sites where we have indicated our policy expressly applies, including, but not limited to, our website (sumafcu.org) and our mobile apps (collectively, “Sites”);
- describes the categories of personal information that we may collect about you when you interact with or visit our Sites;
- discloses whether other parties may collect personal information about your online activities over time and across different websites when you use our Sites;
- discloses if we engage in the collection of your personal information about your online activities over time and across different websites;
- states how we may use the information that we collect;
- describes the categories of other persons or entities with whom we may share your personal information;
- describes the way you can review and request changes to certain personal information that we collect;
- discloses how we may respond to web browser “do not track” signals or other opt-out mechanisms;
- states that we do not knowingly collect personal information of children under the age of 13 without the consent of their parent or legal guardian;
- describes how we will inform you of important changes to our Privacy Policy.
What Information Do We Collect?
We take your privacy seriously and make the safeguarding of your personal information a priority. Learn more on our Cyberthreat Prevention page. We collect personal information in accordance with applicable law. If you seek, apply for, or obtain a financial product or service with us, we will use and share the information we collect from or about you in accordance with our Consumer Privacy Notice.
We may also collect personal information when you use our Sites, products, and services. Personal information that we collect may include your name or other online identifier, home or other physical address, telephone number, email address, IP address, website interactions, geolocation, device identifier, keystrokes, the contents of your communications with us, and information from a consumer report about you.
Additionally, use of the internet makes it possible for us or other parties to collect data about your online activities over time and across different websites, including when you use our Sites. In that regard, we use tracking technology on our Sites that collects analytics, records how you interact with our Sites, or allows us to participate in behavior-based targeted advertising.
How Do We Use Information That We Collect?
We may use your personal information to provide and improve our products and services;
to process transactions and payments;
to conduct analytics and research;
to enhance your experience on our Sites;
to help deliver our ads on your web browser;
to measure advertising campaign effectiveness;
to respond to your requests and communications;
to manage your preferences; as required to meet legal and regulatory obligations; and for any other purposes that we may specifically disclose at the time we collect or you provide your information.
We do not sell your personal information.
In some circumstances, we may anonymize or deidentify your personal information so that it can no longer be associated with you, in which case we may use such information without further notice to you. To the extent we maintain and use personal information in an anonymized or deidentified form, we will not attempt to reidentify the information, except to determine whether our anonymization/deidentification processes satisfy our legal obligations.
With Whom Do We Share the Information We Collect?
We may share the information we collect from you in the following circumstances:
- Affiliates and Acquisitions: We may share information with our corporate affiliates (e.g., subsidiaries or other companies under common control) to deliver our products and services to you and for other everyday business purposes in accordance with the practices set forth in our Consumer Privacy Notice. If another company acquires, or plans to acquire, our company, business, or assets, we will also share information with that company, including at the negotiation stage.
- Service Providers: We may share your information with Service Providers. Among other things, Service Providers may help us to administer our website, conduct surveys, provide technical support, process payments, and assist in the fulfillment of services.
- Legal Obligations: We may disclose information in response to subpoenas, warrants, or court orders, or in connection with any legal process, or to comply with relevant laws. We may also share your information in order to establish or exercise our rights, to defend against a legal claim, to investigate, prevent, or take action regarding possible illegal activities, suspected fraud, safety of person or property, or a violation of our policies, or to comply with your request for the shipment of products to or the provision of services by a third-party intermediary.
- Other Third Parties with Your Consent: We may disclose your information to other third parties when we have your consent or direction to do so. For example, you may authorize some third-party companies to access your information to provide financial products and services such as: account aggregation (consolidating your financial account information from different sources), making payments via a website or mobile application, checking credit scores, and tax preparation. We recommend you use caution when granting such access and ensure that these third parties have appropriate policies and practices in place to secure your information. SUMA Federal Credit Union is not responsible for the use or disclosure of any information accessed by or on behalf of any third party or person to whom you provide your SUMA Federal Credit Union sign in credentials or account information. Any use of your information is governed by the privacy policy and any terms of use with that third party. SUMA Federal Credit Union does not control the privacy, security, or accuracy of your information that may be held by these third parties, and our privacy, security, and other terms will not apply to any third-party services. You may revoke access you previously granted to a third party through SUMA Federal Credit Union’s mobile application or, for certain third parties, by changing your SUMA Federal Credit Union password. For security and other reasons, SUMA Federal Credit Union may block or disable third-party access to any account without notice.
Additional information on our banking terms and conditions can be found in our Terms and Conditions.
Keeping Your Information Accurate
It is important that we have accurate and up-to-date information about you. If you notice that your information is incomplete, inaccurate, or out of date, you can update your information through our mobile or online service or by contacting us at 1-888-644-7862. You may also write to us at SUMA Federal Credit Union, 125 Corporate Blvd., Yonkers, NY 10701.
How You Can Control Your Information
Our Sites are designed for optimal viewing with cookies enabled (cookies are small text files that collect internet traffic data). For example, cookies store your preferences for when you visit our Sites. If your web browser settings allow cookies, our Sites will utilize them. You may disable or remove cookies by accessing your web browser settings. Our Sites will still function without cookies, but some features may not work properly. Please note that due to a lack of consistent standards across browsers, our Sites may not respond to “do not track” browser settings.
We only use your personal information for certain purposes allowed by law (refer to our Consumer Privacy Notice), which you cannot limit.
You may, however, be able to opt out of certain advertisements. To learn more about a particular advertisement (including how to opt-out), click on the link located in the advertisement.
Children’s Privacy
We do not knowingly collect personal information from individuals under the age of 13 without obtaining consent from a parent or legal guardian.
Linking to Third-Party Websites
SUMA Federal Credit Union may provide links to websites that are owned or operated by other companies ("third-party websites"). When you use a link online to visit a third-party website, you will be subject to that website’s privacy and security practices, which may differ from ours. You should familiarize yourself with the privacy policy, terms of use, and security practices of the linked third-party website before providing any information on that website.
Policy Updates
We may change our policy from time to time. When we do, we will let you know by appropriate means, such as by posting the revised policy on this page with a new “Last Updated” date. Any changes to our policy will become effective when posted unless indicated otherwise.