Privacy Policy

What does Transit Operations 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 typed 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
Account transactions and checking account information
Credit history and credit scores

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 everyday business. In the section below, we list the reasons financial companies can share their members' personal information; the reasons Transit Operations Federal Credit Union chooses to share; and whether you can limit this sharing.

 

Reasons we can share your personal information

Does TOFCU share?

Can you limit this sharing?

For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court and legal investigations, or to report to credit bureaus

Yes

No

For 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

Yes

No

For our affiliates everyday business purposes -
Information about your creditworthiness

No

We don't share

For our affiliates to market to you

No

We don't share

For nonaffiliates to market to you

No

We don't share

  Questions? Call 612-338-9985

What we do

 

How does TOFCU 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.

How does TOFCU collect my personal information?

We collect your personal information, for example, when you
- open an account or deposit money
- pay your bills or use your credit or debit card
- apply for financing
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 give 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 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 and nonfinancial companies. - TOFCU has no affiliates

Nonaffiliates

Companies not related by common ownership or control. They can be financial or nonfinancial companies. - TOFCU does not share with non-affiliates so they can market to you

Joint Marketing

A formal agreement between nonaffiliated financial companies that together market financial products or service to you. - Our joint marketing partners include insurance companies