Facts: What does Homestead 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
- Account balances
- Transaction history
- Investment experience
- Risk tolerance
All financial companies need to share consumers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their consumers’ personal information, the reasons Homestead Funds chooses to share and whether you can limit this sharing.
|Reasons we can share your personal information||Does Homestead Funds share?||Can you limit this sharing?|
|For our everyday business purposes – 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||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||No|
|For our affiliates to market to you – to make you aware of products you may be interested in.||Yes||Yes|
|For nonaffiliates to market to you||No||No|
Call 800.258.3030, our menu will prompt you through your choice(s). Representatives are available on weekdays from 8:30 a.m. to 5:00 p.m. ET.
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.
Who we are
Homestead Funds, Inc. is providing this notice.
What we do to protect your 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, as well as confidentiality agreements with companies we hire to help us provide services to you.
We collect your personal information when you:
- Open an account
- Buy securities from us
- Give us your income information
- Provide account information
- Give us your contact information
We do not collect personal information from others.
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 credit worthiness
- affiliates from using 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 limit sharing for an account I hold jointly with someone else? Your choices will apply to everyone on your account.
Affiliates: Companies related by common ownership or control. They can be financial and nonfinancial companies. Our affiliates include financial companies, such as:
- RE Advisers Corporation
- RE Investment Corporation
- National Rural Electric Cooperative Association
Nonaffiliates: Companies not related by common ownership or control. They can be financial and nonfinancial companies. The nonaffiliates we share with can include the Funds’ custodian and transfer agent.
Joint Marketing: A formal agreement between nonaffiliated financial companies that together market financial products or services to you. Homestead Funds, Inc. doesn’t jointly market.
Revised March 2014.