What does Savvy Financial do with your personal information?
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.
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 or tax identification number
Full legal name and date of birth
Telephone number, address, and email address
529 account balance, account number, and transaction history
Bank routing number and account number
All ﬁnancial companies need to share personal information to run their everyday business. In the section below, we list the reasons ﬁnancial companies can share their clients’ personal information; the reasons Savvy Financial chooses to share; and whether you can limit this sharing.
|Reasons we can share your personal information||Does Savvy Financial 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 our afﬁliates to market to you||No||We Don’t Share|
|For nonafﬁliates to market to you||No||We Don’t Share|
To limit our sharing
Please note: If you are a new customer, we can begin sharing your information immediately after sending you 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.
Who we are
Savvy Financial, Inc. (SavvyFi)
What we do
How does Savvy 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 secured ﬁles and buildings.
How does Savvy Financial collect my personal information?
We collect your personal information, for example, when you:
Interact with SavvyFi’s website, by means of cookies and similar text files to recognize you
Open an account with SavvyFi and my529
Execute transactions with my529 or other insitutions, such as banks and credit unions, that affect your my529 account
Give SavvyFi access to bank account details through third parties
Why can’t I limit all sharing?
Federal Law gives you the right to limit only
sharing for affiliaties’ 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.
What happens when I limited sharing for an account I hold jointly with someone else?
Your choices will apply to everyone on your account.
Companies related by common ownership or control. They can be ﬁnancial and nonﬁnancial companies.
Companies not related by common ownership or control. They can be ﬁnancial and nonﬁnancial companies.
A formal agreement between nonafﬁliated ﬁnancial companies that together market ﬁnancial products or services to you.
Other Important Information
You may expressly instruct SavvyFi to share information about you and your beneficiary with friends, family members, and other potential contributors expressly identified by you to facilitate gift contributions.