What Does Carver Federal Savings Bank Do With Your Personal Information?

Rev. Date 1/18

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 Account Balances
  • Transaction History and Employment Information
  • Credit History and Credit Score
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 Carver Federal Savings Bank chooses to share, and whether you can limit this sharing.
Reasons We Can Share Your Personal Information Does Carver Federal Savings 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 Yes No
For our affiliates’ everyday business purposes
information about your transactions and experiences
Yes No
For our affiliates’ everyday business purposes
information about your creditworthiness
No N/A
For our affiliates to market to you Yes Yes
For our nonaffiliates to market to you
No N/A
To limit our sharing
Please note:

If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice.

However, you can contact us at any time to limit our sharing. 
Questions? Call 718-230-2900
What We Do
How does Carver Federal Savings Bank protect my 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 Carver Federal Savings Bank collect my information? We collect your personal information, for example, when you
  • Open an account or Deposit Money
  • Apply for a loan or Use a Debit Card
  • Make a wire transfer
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 non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
What happens when I limit sharing for an account I hold jointly with someone else?
Your choices will apply to everyone on your account.
Definitions
Affiliates Companies related by common ownership or control. They can be financial and non-financial companies.

  • Carver Bancorp, Inc., Carver Community Development Corp., CFSB Realty Corp. and Carver Asset Corp. 
Non‑Affiliates Companies not related by common ownership or control. They can be financial and non-financial companies.

  • CAEVER does not share with nonaffiliates so they can market to you.
Joint Marketing
A formal agreement between non-affiliated financial companies that together market financial products or services to you.
  • Our joint marketing partners include Credit and Debit card co's; Mortgage co's; Money Remitter co's; Check Casher co's
Other Important Information