WHAT DOES FIRST FEDERAL BANK & TRUST DO WITH YOUR PERSONAL INFORMATION?

 

Effective Date: Rev  March 1, 2019

 

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

• Transaction history and payment history

• Account balances and credit scores

When you are no longer our customer, we continue to share your information as described in this notice.

 

What?

When 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 First Federal Bank & Trust chooses to share; and whether you can limit this sharing.

 

Reasons we can share your personal information

 

• 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

  • Does First Federal Bank & Trust share? YES

  • Can you limit this sharing? NO

• For our marketing purposes -  to offer our products and services to you

  • Does First Federal Bank & Trust share? YES

  • Can you limit this sharing? NO

• For joint marketing with other financial companies

  • Does First Federal Bank & Trust share? NO

  • Can you limit this sharing? We don't share

• For our affiliates’ everyday business purposes - information about your transactions and experiences

  • Does First Federal Bank & Trust share? YES

  • Can you limit this sharing? NO

• For our affiliates’ everyday business purposes - information about your creditworthiness

  • Does First Federal Bank & Trust share? NO

  • Can you limit this sharing? We don't share

• For our affiliates to market to you?

  • Does First Federal Bank & Trust share? YES

  • Can you limit this sharing? YES

• For our nonaffiliates to market to you

  • Does First Federal Bank & Trust share? NO

  • Can you limit this sharing? We don't share

 

To limit our sharing

• Call 1-855-549-5854

• Please note: 

  If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, 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 1-855-549-5854 or email customerservice@efirstfederal.com

What we do

 

• How does First Federal Bank & Trust 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 First Federal Bank & Trust collect my personal information?

  • We collect your personal information, for example, when you 

    • Open an account or make deposits or withdrawals from your account

    • Pay your bills or use your credit or debit card

    • Apply for a loan 

  • 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 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 nonfinancial companies.

    • Our affiliates include companies that utilize the name First Federal Leasing Services, LLC.

• Nonaffiliates

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

    • First Federal Bank & Trust does not share with 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.

    • First Federal Bank & Trust doesn’t jointly market