Last updated on: October 25, 2023

Facts: What does Sebasticook Valley FCU do with your Personal Information?

Why?

Financial companies choose how they share your 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.

What?

The types of personal information we collect and share depend on the products or services you have with us. This information can include:

  • Social Security number and income
  • Account balances and payment history
  • Credit history and credit score

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 Sebasticook Valley FCU chooses to share; and whether you can limit this sharing.

 

Reasons we can share your personal information Does Sebasticook Valley FCU 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 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 DON’T SHARE
For our affiliates’ everyday business purposes—information about your creditworthiness NO WE DON’T SHARE
For nonaffiliates to market to you NO WE DON’T SHARE

Questions? Call (207) 487-5576 or contact one of our Branch Offices in Newport or Pittsfield.

Who we are

Who is providing this notice? Sebasticook Valley FCU

What we do

How does Sebasticook Valley FCU 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. We restrict access to nonpublic personal information about you to persons who need to know that personal information to provide products or services to you.

How does Sebasticook Valley FCU collect my personal information?

We collect your personal information, for example, when you

  • Open an account or deposit money
  • Pay your bills or apply for a loan
  • Use your credit or debit card

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

Definitions

Affiliates: Companies related by common ownership or control. They can be financial and nonfinancial companies.

Nonaffiliates: Companies not related by common ownership or control. They can be financial and nonfinancial companies.

Joint marketing: A formal agreement between nonaffiliated financial companies that together market financial products or services to you.