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Get the free California's New Consumer Privacy Act: Know Your Rights

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Rev. 07/2017FACTSWHAT DOES SCHOOLSFIRST FEDERAL CREDIT UNION DO WITH YOUR PERSONAL INFORMATION? Financial companies choose how they share your personal information. Federal law gives consumers the
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Anyone residing in California or doing business in California may need to comply with California's new consumer privacy regulations. This includes individuals, businesses, organizations, and online platforms that collect or process personal information of California residents.
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Californias new consumer privacy law is the California Consumer Privacy Act (CCPA), which enhances privacy rights and consumer protection for residents of California.
Businesses that meet certain criteria, such as having annual gross revenues over $25 million, must comply with Californias new consumer privacy law.
To fill out Californias new consumer privacy requirements, businesses must provide consumers with notice of their data collection practices and allow consumers to opt-out of the sale of their personal information.
The purpose of Californias new consumer privacy law is to give consumers more control over their personal information and increase transparency around data collection practices.
Businesses must disclose what categories of personal information they collect, the reasons for collecting it, and any third parties with whom they share the information.
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