WHAT DOES ABACUS FEDERAL SAVINGS BANK DO WITH YOUR PERSONAL INFORMATION?
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.
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 Credit history
Account balances and Payment history
When you are no longer a customer, we continue to share your information as described in this notice.
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 Abacus Federal Savings Bank chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information
Does Abacus Federal 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
For our marketing purposes--- to offer our products and services to you
For joint marketing with other financial companies
For our affiliates’ everyday business purposes--- Information about your transactions and experiences
For our affiliates’ everyday business purposes¬--- Information about your creditworthiness
We don’t share
For our affiliates to market to you
We don’t share
For nonaffiliates to market to you
We don’t share
Call 1-800-969-8423 and speak to a member service representative or go to www.abacusbank.com or write of us at: 6 Bowery 3rd FL, New York, NY 10013
Who we are
Who is providing this notice?
Abacus Federal means Abacus Federal Savings Bank
What we do
How does Abacus Federal 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 Abacus Federal collect my personal information?
We collect your personal information, for example, when you
Open an account or for a loan
Deposit or withdraw to or from your accounts
Apply for additional products and/or service
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 information for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
Companies related by common ownership or control. They can be financial and nonfinancial companies.
Our affiliates are Abacus International Capital Corp. (AICC), Abacus Credit Corp. (ACC), Abacus Insurance Agency Corp. (AIAC), Abacus Maintenance Corp. (AMC), Abacus Medical Management Corp. (AMMC), and Abacus Real Estate Holding Corp. (AREHC).
Companies not related by common ownership or control. They can be financial and nonfinancial companies
Data/card processors, check printers, publishers
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
Our joint marketing partners can include TCM Bank N.A..
Other Important information
This privacy notice applies to consumers and not to business entities or business transactions. The notice does not constitute a contract, nor does it modify or amend any agreement we have with you.