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Privacy Notice

SUMA-1008 Rev. 9/14

When you are no longer a member of the credit union, we continue to share information about you as described in this notice.

Facts What Does SUMA 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
  • Account balances
  • Transaction and loss history
  • Overdraft history
  • Account transactions
  • Checking account information
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 SUMA Federal 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 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 our products and services to you
No We Do Not Share
For joint marketing with other financial companies No We Do Not Share
For our affiliates’ everyday business purposes
information about your transactions and experiences
No We Do Not Share
For our affiliates’ everyday business purposes
information about your creditworthiness
No We Do Not Share
For our affiliates to market to you No We Do Not Share

Questions? Contact Us?
SUMA Federal Credit Union is committed to serving our members with the highest quality member service. If you have any questions, comments or suggestions for us, we would love to hear from you.
Main Office
125 Corporate Blvd
Yonkers, NY 10701
Phone: 914-220-4900
Fax: 915-220-4090
Toll Free: 888-644-SUMA
Who we are
Who is providing this notice? SUMA (Yonkers) Federal Credit Union

What We Do
How does SUMA Federal Credit Union protect my 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 SUMA Federal Credit Union collect my information?
We collect your personal information, for example, when you
  • Open an account
  • Apply for a loan
  • Provide account information
  • Provide mortgage information
  • Use your credit or debit card
  • Show 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 sharing only for
  • affiliates' everyday business purposes; information about your creditworthiness
  • affiliates from using information to market to you
  • sharing for non affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
Definitions
Affiliates
  • SUMA has no affiliates.
Companies not related by common ownership or control. They can be financial and non financial companies.
Non‑Affiliates
  • SUMA 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 services to you.
  • SUMA joint marketing companies may include CUNA MUTUAL INSURANCE and credit card companies.
Other Important Information
We will not share personal information with nonaffiliates either for them to market to you or for joint marketing without your authorization. We must notify you about our sharing practices when you open an account and each year thereafter.

Notice of Your Financial Privacy Rights

We, our, and us, when used in this notice, mean SUMA (Yonkers) Federal Credit Union.
This is our privacy notice for our members. When we use the words you and your we mean the following types of members:
Our consumer members who have a continuing relationship by purchasing or holding financial products or services such as a(n):
  • Share account
  • Loan account
  • Credit card account
  • Safe deposit box
  • Self-directed Individual Retirement Account
We will tell you the sources of the information we collect about you. We will tell you what measures we take to secure that information.

Let us first define some terms:

Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records. Hereafter, we will use the term "information" to mean nonpublic personal information as defined in this section.

An affiliate is a company we own or control.

nonaffiliated third party is a person we do not employ or a company that is not an affiliate of ours. This is also known as nonaffiliated third party, or simply, an "other party."

The Information We Collect

We collect information about you from the following sources:
  • Information you give us on applications or other forms
  • Information about your transactions with us
  • Information about your transactions with other parties
  • Information from a consumer reporting agency
  • Information we receive as a result of verifying customer information

Information We Disclose About You

We do NOT disclose any information about you to anyone, except as permitted by law. Examples of this might include disclosures necessary to service your account or prevent unauthorized transactions.

The Confidentiality, Security, and Integrity of Your Information

We restrict access to information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards to protect this information.

Information About Former Members

We do not disclose information about former members, except as permitted by law.