Cobalt Credit Union Privacy Policy

Disclosure Last Updated: April, 2012

What  does Cobalt 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 income
  • Account balances and payment history
  • Credit history and credit scores

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 Cobalt 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 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 YES YES

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 non-affiliates to market to you NO WE DON'T SHARE

 

To limit our sharing:
  • Call (800) 245-5704 within the State of Nebraska, or
  • Call (800) 228-0392 outside the State of Nebraska

 

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 (800) 245-5704 within the State of Nebraska, or
  • Call (800) 228-0392 outside the State of Nebraska
What we do...

How does Cobalt 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 Cobalt Credit Union 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, 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  credit-worthiness
  • Affiliates from using your information to market you
  • Sharing for non-affiliates to market you

State laws 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 non-financial companies. Cobalt Credit Union has no affiliates.

Non-Affiliates

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

Joint Marketing

A formal agreement between non-affiliated financial companies that together market financial products or services to you. Our joint marketing partners include categories of companies, such as:

  • Financial service providers
  • Insurance companies

 

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