Privacy Policy

Updated 1/24

FACTS

WHAT DOES MUTUAL FEDERAL BANK DO WITH YOUR PERSONAL INFORMATION?

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 Transaction history
  • Account balances and Payment history
  • Credit history and Credit scores

When you are no longer our customer, we continue to share your information as described in this notice.

 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 MUTUAL FEDERAL BANK chooses to share; and whether you can limit this
sharing.

Reasons we can share your personal information

Does MUTUAL FEDERAL
BANK 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

Yes

No

For our marketing purposes -
to offer our products and services to you

Yes

No

For joint marketing with other financial companies

No

We don't share

For our affiliates' everyday business purposes -
information about your transactions and experiences

No

We don't share

For our affiliates' everyday business purposes -
information about your creditworthiness

No

We don't share

For nonaffiliates to market to you

No

We don't share

Questions?

Call 312.447.5200 or go to WWW.MUTUALFEDERALBANK.COM

Who We Are

 

Who is providing this notice?

MUTUAL FEDERAL BANK

What We Do

 

How does MUTUAL FEDERAL
BANK 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 MUTUAL FEDERAL

BANK collect my personal

information?

We collect your personal information, for example, when you:

  • Open an account or apply for a loan
  • Pay your bills or use your debit card
  • Make deposits or withdrawals from your account

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. See
below for more on your rights under state law.

Definitions

 

Affiliates

Companies related by common ownership or control. They can be financial and
non-financial companies.
        MUTUAL FEDERAL BANK does not share with our affiliates.

Nonaffiliates

Companies not related by common ownership or control. They can be financial and
non-financial companies.
        MUTUAL FEDERAL BANK does not share with nonaffiliates so they can market to you.

Joint Marketing

A formal agreement between nonaffiliated financial companies that together market
financial products or services to you.
        MUTUAL FEDERAL BANK doesn't jointly market.

Other Important Information

For Illinois Customers. We will not share personal information with nonaffiliates either for them to market to you or for

joint marketing - without your authorization.