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At Medina County Federal Credit Union, member service is very important to us. As we continue to improve and expand our services and delivery channels, we recognize that our members need and desire to preserve their privacy and confidentiality.
This privacy disclosure is being issued to comply with the provisions of the Gramm-Lech-Biley Act governing the privacy of consumer financial information. The following statement affirms our continued commitment to preserving member confidentiality.
Information We Collect
We gather nonpublic personal information about our members, including information gathered over the Internet for specific business purposes only.
We collect nonpublic personal information about you from the following sources:
Information we receive from you on applications or other forms such as your name, address, social security number, assets and income
information about your transactions with us or others; and information we receive from a consumer-reporting-agency, such as your credit history.
We do not disclose any nonpublic personal information about our members or former members to anyone, except as permitted or required by law.
Information we disclose as permitted by law
Some examples of instances when we may disclose nonpublic personal information about our members or former members include:
To provide you with products and services that you have requested;
To complete or verify a transaction;
To manage member accounts, transactions and records;
To investigate possible fraud or criminal activity;
To comply with laws and regulations; and when you provide us with your permission.
Sometimes in order to provide you with better service, we contract with third party service providers (for example-check printing companies.) We require that our third party providers honor our members rights to privacy.
We may disclose all of the information we collect, as described above to companies that perform marketing services on our behalf or to other financial institutions with whom the credit union has joint marketing agreements. Medina County Federal Credit Union does not provide our members' non public personal information to mailing lists or any other marketing agency other than for our use to market Medina County Federal Credit Union's products.
Confidentiality And Security
Safe guarding our members' privacy is also very important to the credit union. We at Medina County Federal Credit Union, have adopted standards that hold our employees responsible for maintaining and preserving member confidentiality. The credit union restricts access to nonpublic personal information about you to those employees who have a specific business purpose for using it. Our employees are trained on 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 nonpublic personal information.
Effective Date
This Privacy Notice is effective as of April 1, 2001. We reserve the right to change out Privacy Statement, and if we do so, we will notify you.
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