Privacy Policy
Abound Federal Credit Union and Your Personal Information
What does Abound Federal Credit Union do with your personal information?
Why?
Financial companies choose how they share your personal information. Federal law gives members 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 checking account information
- Credit history and employment information
- Account balances and account transactions
When you are no longer our member, we continue to share your information as described in this notice.
If you've used our Online Banking service, we may have collected, used, and/or disclosed the following categories of Personal Information about you for our business purpose(s):
- Personal and online identifiers (e.g. name, email address, postal address, IP address, date of birth, unique identifiers)
- Certain identifying Personal Information (e.g., address, telephone number, financial account numbers, other financial information)
- Transaction and purchase information (e.g. records of transactions and purchases made through Online Banking, Bill Pay, etc.)
- Internet or other electronic network activity information (e.g. your interactions with Online Banking)
- Geolocation information
Online Banking may also access functions of your device with your permission for use with certain features:
| Function | Permissions | Feature |
|---|---|---|
| Camera | Allow access to the device's camera | Mobile (Remote) Deposit |
| Location | Allows access to location | Maps |
| Access to External Storage | Allows access to files / media on the device | Secure Message Attachments |
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 member's personal information; the reasons Abound Federal Credit Union chooses to share; and whether you can limit their sharing.
Reasons We Can Share Your Personal Information
| Does Abound Share? | Can you Limit This Sharing? | |
|---|---|---|
| For our everyday business purposes - such as to process your transactions, maintain your accounts(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 | No |
| For our affiliates' everyday business purposes - information about your creditworthiness | No | We do not share |
| For nonaffiliates to market to you | No | We do not share |
| Digital information for enhanced use of Online Banking and other auxiliary digital services | Yes | No |
Who We Are
Who is providing this notice?
Abound Credit Union
What We Do
How does Abound 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.
Abound Federal Credit Union tests its information security program and trains staff to ensure your personal information is protected.
Abound Federal Credit Union retains information in accordance with state and federal record retention laws. Please contact us at (800) 285-5669 to determine specific timeframes for your personal stored information and if that information may be deleted.
How does Abound Federal Credit Union collect my personal information?
We collect your personal information, for example, when you
- Open an account or show your driver's license
- Apply for a loan or give us your wage statements
- Provide employment 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 your creditworthiness
- Affiliates from using your information to market to you
- Sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
Definitions:
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
Abound Federal Credit Union does not share with our affiliates.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
Abound Federal Credit Union does not share information 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, card services providers, and other financial services companies.
How can you make sure your information is accurate?
Keeping your account information accurate and updated is very important. If you are a registered online banking user, you may review and maintain your information by logging into the online banking platform and selecting the "Settings & Alerts" link.
You can also request and/or update your information by visiting a branch or by contacting us at the Member Resource Branch (1-800-285-5669) or through one of the methods available here.
Children's Online Privacy Protection Act Disclosure
The Children's Online Privacy Protection Act of 1998 ("COPPA") restricts the collection, use, or disclosure of Personal Information from and about children under the age of 13 on the internet. Abound is committed to protecting the online privacy of the children who visit our Sites and complying with COPPA.
In general, our Sites are not directed to children under the age of 13 and we request that children under the age of 13 not provide Personal Information through the sites. We do not knowingly collect information from children under 13 without parental consent. Please visit the Federal Trade Commission website (www.ftc.gov) for more information about COPPA.
Links to other sites
Our Site(s) may contain links to other sites. Please be aware that we are not responsible for the content or privacy practices of such other sites. We encourage our users to be aware when they leave our Site(s) and to read the privacy statements of any other site that collects personally identifiable information.