Privacy Policy

FACTS
WHAT DOES BAYOU FEDERAL CREDIT UNION
DO WITH YOUR PERSONAL INFORMATION?
P.O. Box 65159
Baton Rouge, LA
70896-5159
225-925-8800
www.bayoufcu.org
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

When you close your account, we continue to share information about you according to our policies.
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 Bayou Federal Credit Union chooses to share; and whether you can limit this sharing
Reasons we can share your personal information Does BAYOU FCU share? Can you limit this sharing?
For our everyday business purposes –
such as to process your transactions, maintain your Xes No 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 No
For joint marketing with other financial companies Yes No
For our affiliates’ everyday business purposes –
No We don’t share information about your transactions and experiences 		No We don’t share
For our affiliates’ everyday business purposes –
No We don’t share 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 Yes No
Questions? Call 225-925-8800 or 1-800-349-2900, or go to www.bayoufcu.org
Who we are
Who is providing this notice? Bayou Federal Credit Union
What we do
How does Bayou 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 Bayou Federal Credit Union collect my personal information? We collect your personal information, for example, when you:
  • Open an account or apply for a loan
  • apply for insurance or pay your bills
  • apply for financing or use your credit or debit card
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.
Definitions
Affiliates Companies related by common ownership or control. They can be financial and nonfinancial companies.
• Bayou Federal Credit Union has no affiliates.
Nonaffiliates Companies not related by common ownership or control. They can be financial and nonfinancial companies.
• Nonaffiliates we share with can include mortgage companies, insurance companies, and direct marketing companies.
Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
• We disclose information we collect, as permitted by law, to the following: Credit union service providers (if applicable), or other financial institutions with whom we have joint marketing agreements; other affiliates to help us administer our business or provide product information to you; and other third parties, but only to administer products and services you obtain from us, to conduct our business (as when we obtain marketing or data processing services), or when legally required.

Bayou Federal Credit Union 7/2022