| FACTS | What does Spero Financial do with your personal information for Mobile Applications?
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. |
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| Why? | The digital banking mobile application requests access to information stored on your device such as location, camera, contacts, images, or other features you are enrolled in to enrich and simplify your own user experience and improve our services, as well as provide additional security to protect your account.
It is important that you understand that (1) before granting access to this information, you will be prompted to give the application that permission; (2) if you do not wish to grant that permission, you may decline; and (3) if you later change your mind, those permissions can be updated in your device’s settings. |
| What? | The types of personal information we collect and share depends on the products and services you have with us. This information may include:
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| How? | All financial companies need to share members’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their member’s personal information; the reasons Spero Financial chooses to share; and whether you can limit this sharing. |
| Reasons we can share your personal information: | Does Spero Financial share? | Can you limit this sharing? |
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| 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. | No | We do not share. |
| For our affiliates' everyday business purposes — information about your creditworthiness. | No | We do not share. |
| For our affiliates to market to you. | No | We do not share. |
| For nonaffiliates to market to you. | Yes | Yes. |
| To limit our sharing: | Call us toll-free at 800-922-0446.
Please note: If you are a new member, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our member, we continue to share your information as described in this notice. You can contact us at any time to limit our sharing. |
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| Questions: | Call us toll-free at 800-922-0446. |
| What we do? | |
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| How does Spero Financial 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 secure files and buildings. |
| How does Spero Financial collect my personal information? | We collect your personal information, for example, when you:
We may also collect your personal information from others, such as credit bureaus or other companies. The mobile application information is retained in accordance with state and federal record retention laws. Please contact us to determine specific timeframes for your personal stored information and if that information may be deleted. |
| Why can't I limit all sharing? | Federal law gives you the right to limit only:
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 | |
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| Affiliates | Companies related in common ownership or control. They can be financial and nonfinancial companies.
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| Nonaffiliates | Companies not related by common ownership or control. They can be financial and nonfinancial companies.
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| Joint marketing | A formal agreement between nonaffiliated financial companies that together market financial products or services for you.
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| Other Important Information | |
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| Telephone Communications | All telephone communications with us may be monitored and/or recorded. |