KTCCU's Handling of Personal Information: An Overview

Introduction

Financial institutions have the discretion to determine how they share customers' personal information. Under federal law, individuals possess the capacity to curtail certain aspects of information sharing. Moreover, it is mandated by federal law for us to outline our practices of collecting, sharing, and safeguarding personal information. This notification is intended to provide you with a comprehensive understanding of our procedures.

Scope of Information Collection and Sharing

The nature of personal information that we accumulate and disseminate hinges upon the specific product or service engaged with us. The categories of data encompass:

• Social Security numbers and account balances
• Details regarding checking accounts and credit history
• Records of overdrafts and payment history
• Should you no longer retain membership, the sharing of your data persists, as delineated in this notice.

Methodology of Information Exchange

Routine operational processes necessitate the sharing of members' personal information by financial institutions. The ensuing section enumerates the grounds on which financial entities may partake in sharing personal data, the inclinations of Kansas Teachers Community Credit Union (KTCCU) in this context, and the feasibility of limiting such sharing.

How does KTCCU share your information?

Basis for Sharing	KTCCU's Approach	Limitation Option
Routine operational functions, e.g., account processing and maintenance, credit bureau reporting	Sharing is conducted	Sharing cannot be limited
Marketing initiatives to extend our product and service offerings	Sharing is conducted	Sharing cannot be limited
Collaborative marketing with other financial entities	Sharing is conducted	Sharing cannot be limited
Sharing of transactional and experiential data for our affiliates' operational necessities	Sharing is abstained	No sharing
Sharing of creditworthiness-related information for affiliates' operational requisites	Sharing is abstained	No sharing
Sharing of data with affiliates for marketing purposes	Sharing is abstained	No sharing
Sharing of data with non-affiliates for marketing purposes	Sharing is abstained	No sharing

Security Measures and Information Protection

To thwart unauthorized access and misuse of personal data, we adhere to federal regulations and employ an array of security measures. This includes the utilization of computer safeguards as well as securing physical files and premises.

Collection Mechanisms of Personal Information

We amass personal information through various channels, exemplified by:

• Account initiation or insurance application
• Presentation of government-issued identification or disclosure of income particulars
• Submission of employment-related data Additionally, external sources such as credit bureaus, affiliates, and other entities contribute to our information reservoir

Limitations on Information Sharing and Applicability

Federal statutes grant individuals the ability to curtail specific aspects of information sharing:

• Information pertaining to creditworthiness, for affiliates' operational use
• Usage of data by affiliates for marketing endeavors
• Sharing of data with non-affiliates for marketing intentions Furthermore, it is plausible that state-level laws and individual corporations extend supplementary rights to restrict sharing.

Terminology Clarification

Affiliates

Entities that share a nexus of ownership or control, encompassing both financial and nonfinancial entities. KTCCU does not maintain affiliate

Non-affiliates

Entities lacking interconnected ownership or control, encompassing both financial and nonfinancial entities. The roster of non-affiliates includes insurance companies, credit/debit card processors, financial statement publishers or printers, mortgage, service companies, consumer reporting agencies, data processors, and check/share draft printers.

Joint Marketing

A formal collaboration among non-affiliated financial entities to jointly promote financial products or services. Our joint marketing allies encompass:

• TruStage
• Affinion Group
• Elan Financial Services

Inquiries

Should any queries arise, please direct your communication to 620-231-5719 or access further information via www.kstcu.org.