PRIVACY POLICY
At Local 20 IBEW Federal Credit Union, we value the trust you have placed in us, and we intend to continue to earn your trust each day. That’s why we welcome this opportunity to describe our privacy policies and steps we take to protect your personal information. You can be confident that your financial privacy is a top priority at Local 20 IBEW Federal Credit Union.
Our mission is to provide you with superior products and services, along with peace of mind knowing that your privacy is secure. We understand your concerns about guarding information about you and your account. We want to assure you that we have taken steps, and will continue to take steps, to safeguard that information.
Local 20 IBEW FCU
WILL PROTECT YOUR PERSONAL INFORMATION
We restrict access to non-public personal information about you to those employees who have a specific business purpose in utilizing your data. Our employees are trained in the importance of maintaining confidentiality and member privacy. We maintain physical, electronic, and procedural safeguards that comply with federal regulations and leading industry practices to safeguard your personal information.
Local 20 IBEW FCU
WILL COLLECT ONLY THE PERSONAL INFORMATION THAT IS NECESSARY TO CONDUCT OUR BUSINESS
That means just what is necessary to provide competitive financial products and services-no more. This information comes from the following sources:
*Information we receive from you on applications and other forms, such as your name, address, social security numbers, assets and income;
*Information about your transactions with us, our affiliate or others, such as your account balance, payment history, parties to transactions, and credit card usage;
*Information we receive from a consumer reporting agency, such as your credit worthiness and credit history; and
*Information obtained when verifying the information you provide on an application or other forms, such as from your current or past employers or from other institutions where you conduct financial transactions.
LOCAL 20 IBEW FCU
WILL ONLY SHARE INFORMATION WHEN ABSOLUTELY NECESSARY
We do not disclose any non-public personal information about our members and former members to anyone, except as required or permitted by law. We may disclose information we collect to companies that perform marketing services on our behalf or to other financial institutions with which we have joint marketing agreements. Our disclosures typically include information to conduct the operations of Local 20 IBEW Federal Credit Union, follow your instructions as you authorize, protect the security of our financial records, or process transactions on your behalf. The reasons we may share information:
*Assist us in providing service and account maintenance.
*Help design and improve our products.
*Offer products and services that may be of interest to you.
We do not sell member information to any person or firms for any reasons.
OPT OUT NOTICE NOT APPLICABLE
According to the Gramm-Leach-Bliley Act and the Fair Credit Reporting Act, financial institutions that engage in certain practices must provide opt out notices to their accountholders. Because we do not participate in those types of practices, opt out notices are not applicable to Local 20 IBEW Federal Credit Union. Except under limited circumstances, Local 20 IBEW Federal Credit Union does not share non-public, personal information with non-affiliated third parties. We only work with companies that agree to maintain strong confidentiality. We do not permit these companies to sell your information to third parties or use the information for any purpose other than intended. Local 20 IBEW Federal Credit Union is dedicated to protecting your privacy.
SMS Privacy Policy NOTICE
This Local 20 IBEW Federal Credit Union text messaging privacy policy (the "Privacy Policy") is intended to inform you of our policies and practices regarding the collection, use and disclosure of any information you submit to us through Local 20 IBEW Federal Credit Union text messaging. This includes "Personal Information," which is information about you that is personally identifiable such as your name, e-mail address, user ID number, and other non-public information that is associated with the foregoing, as well as "Anonymous Information," which is information that is not associated with or linked to your Personal Information and does not permit the identification of individual persons.
User Consent
By accessing or otherwise using Local 20 IBEW Federal Credit Union text messaging, you agree to the terms and conditions of this Privacy Policy and the associated Terms of Service you expressly consent to the processing of your Personal Information and Anonymous Information according to this Privacy Policy.
Your Personal Information may be processed by us in the country where it was collected as well as other countries (including the United States) where laws regarding processing of Personal Information may be less stringent than the laws in your country.
Regarding Children
Children under the age of 13 are not permitted to use Local 20 IBEW Federal Credit Union text messaging and we do not intentionally collect or maintain Personal Information from those who are under 13 years old. Protecting the privacy of children is very important to us. Thus, if we obtain actual knowledge that a user is under 13, we will take steps to remove that user's Personal Information from our databases. We recommend that children between the ages of 13 and 18 obtain their parent's permission before submitting information over the internet. By using Local 20 IBEW Federal Credit Union text messaging, you are representing that you are at least 18 years old, or that you are at least 13 years old and have your parents' permission to use Local 20 IBEW Federal Credit Union text messaging.
Collection and Use of Information
Personal Information
In general, we collect Personal Information that you submit to us voluntarily through Local 20 IBEW Federal Credit Union.
Local 20 IBEW Federal Credit Union may disclose Personal Data and other information as follows:
Additional Disclosures: Affiliates: We may disclose the Personal Data to our affiliates or subsidiaries; however, if we do so, their use and disclosure of your Personal Data will be subject to this Policy. All the above categories exclude text messaging originator opt-in data and consent; this information will not be shared with any third parties.