| At Retail Employees Credit Union your privacy is a top priority. This notice describes how we protect the privacy of your personal information. Throughout this notice the word "information" refers to personal information about you that may not be publicly available.
INFORMATION THAT WE COLLECT
We collect information about you from the following sources:
- Applications and other forms you submit to us.
- Information about your transactions with us.
- Information about your transactions with others.
- Consumer reporting agencies.
We may disclose all of the information that we collect, as described above,
as permitted by law.
PARTIES TO WHOM WE DISCLOSE THE INFORMATION
We may disclose information about you to third party financial service providers, such as those that provide mortgage, securities, plastic card, and insurance services. We may disclose all the information we collect to companies we use to process transactions on your behalf. We may also disclose information about you under other circumstances, as permitted or required by law.
If you decide to terminate your membership with Retail Employees Credit Union or become an inactive member, we will not share information we have collected about you, except as may be permitted or required by law.
HOW WE PROTECT YOUR INFORMATION
We restrict access to information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal and state regulations to guard your information.
THIS POLICY DOES NOT IMPLY A CONTRACT BETWEEN RETAIL EMPLOYEES CREDIT UNION AND ANY MEMBER. THE BOARD OF DIRECTORS FROM TIME TO TIME MAY CHANGE THIS POLICY IN PART OR IN WHOLE.
PURPOSE:
This policy is established to disclose to our members the information sharing procedures of Retail Employees Credit Union.
REQUIRED DISCLOSURES:
- Initial notice will be given to all new members along with Truth in Savings, Terms and Conditions, Electronic Transfers, and Funds Availability notices.
- Annual notice will be mailed in the first quarter of each year.
ENTITIES TO WHOM WE DISCLOSE PROTECTED INFORMATION:
We do not disclose any nonpublic personal information about our members and former members to anyone, except as permitted by law.
CUNA Mutual Group
- CDI/CLI Insurance
- Evans Simpson
- Collateral Protection Insurance
State of Georgia
- Data Match Program
- Department of Banking and Finance
Equifax
- Credit Reporting
- VISA Card processing
Transunion Credit Bureau
Experian Credit Bureau
Cooperative Services Inc.
Fiserv
- ATM Card Processing
- VISA Check Card Processing
- ATM/Check Card Transactions
Deluxe
- Check Orders
- Chex Systems Verification
Open Solutions, Inc (Data Processor)
Lending Solutions, Inc. (Loan Processing)
Patriot Guard
The above list receives nonpublic information for the purpose of processing member transactions. No third party receives information from Retail Employees Credit Union for the purpose of solicitation.
The Board of Directors approved this policy on December 31, 2006. |
