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Rev. 04/2024FACTSWHAT DOES FINANCIAL CENTER FIRST CREDIT UNION DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers
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Identify the type of data being collected and stored.
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Any organization or business that collects and stores personal data from individuals needs to have a priv-model privacy model disclosure.
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The priv-model privacy model disclosure is a document that outlines the privacy practices and policies of a particular model or system.
Any organization or individual who collects and processes personal data is required to file a priv-model privacy model disclosure.
To fill out a priv-model privacy model disclosure, one must provide detailed information about the data collection processes, storage methods, and security measures in place.
The purpose of priv-model privacy model disclosure is to inform users about how their personal data is being handled and to ensure transparency in data processing activities.
Information such as the types of data collected, purposes for collection, data storage procedures, security measures, and data sharing practices must be reported on a priv-model privacy model disclosure.
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