Privacy Policy
Your privacy at SkyPoint Federal Credit Union
What does SkyPoint 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:
- Social Security number and account transactions
- credit history and credit scores
- employment information and transaction history
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 SkyPoint Federal Credit Union chooses to share; and whether you can limit this sharing.
| Reasons we can share your personal information | Does SkyPoint Federal 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 to 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 | Yes |
| 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 our affiliates to market to you | No | We don’t share |
| For nonaffiliates to market to you | No | We don’t share |
To limit our sharing
- Call (301) 279-1964 – our menu will prompt you through your choice(s) or
- Visit us online: www.skypointfcu.org
Please note:
If you are a new member, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our member, we continue to share your information as described in this notice.
However, you can contact us at any time to limit our sharing.
Questions?
Call (301) 279-1964 or go to www.skypointfcu.org
What we do
How does SkyPoint Federal Credit Union 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 SkyPoint Federal Credit Union collect my personal information?
We collect your personal information, for example, when you
- open an account or give us your income information
- provide employment information or apply for financing
- show us your driver’s license
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 law and individual companies may give you additional rights to limit sharing.
What happens when I limit sharing for an account I hold jointly with someone else?
Your choices will apply to everyone on your account.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies. SkyPoint Federal Credit Union has no affiliates.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies. SkyPoint Federal Credit Union does not share with our 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.
Other important information
Our Mobile App collects location data to enable SkyPoint’s “My Feed” and is used to provide advertising/support ads even when the app is closed or not in use. We do not share location history or any other identifying information collected in our Mobile App.
Some features may request access to data located on the device used to access your account. This may include biometric, camera, contacts, and location data. You will be prompted to allow access to this data, and if access is not allowed, the feature requiring that data will not be fully functional.
In order to provide appropriate marketing campaign information, our Mobile App collects the following:
- Location data is collected to provide location-based messages and interactions even when the application is closed or not in use.
- A random User ID is generated upon initial app access and used later during each marketing tool interaction. The User ID is used for identifying the user and for sending campaign information. The User ID is unique for each device and changes every time the application is re-installed.
- Product Interaction is a marketing tool used to track user application entry, exit and pages viewed within the application.
- Our marketing tools will collect your first name for product personalization purposes.
Rev. 3/24
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