Privacy Policy
URE Federal Credit Union realizes the importance of keeping confidential the information that we must maintain for our membership. The Board of Directors and management have developed procedures that ensure the credit union’s compliance with this Policy. This is designed to protect your private, non-public information, and guard our membership from harm or inconvenience. This policy was approved at a regular meeting of the board held on March 27, 2001.
- Types of Information Collected. At URE FCU, we collect nonpublic personal information from a variety of sources. From you, the member, we collect data on membership, loan and account applications. We also collect information as a result of transactions between yourself and another party. These transactions include, but are not limited to over-the-counter transactions, share drafts, ATM or debit cards, credit cards and electronic transactions such as direct deposits.
- Types of Information Disclosed. The URE FCU may disclose nonpublic, personal information about our members. This would include identification information such as name, address and telephone number. When necessary for billing purposes, your account number and types of accounts held at the credit union may also be disclosed. At no time will we disclose your Social Security Number, or any applicable PINs or passwords.
- Third Parties to whom we Disclose Information. There are certain organizations, or third parties, that we have agreements with to support our credit union’s transactions, or perform services or functions on our behalf. These would be: AMIS (our data processor), The Credit Bureau, Inc. (our credit reporting agency), CUNA Mutual (our Insurance Company), or appropriate Government Agencies (such as NCUA, IRS, etc.). Any information given to them will remain confidential and will not be shared with others. Under no circumstances will we give out information to unaffiliated, independent third parties.
- Safeguarding Member Information. Only employees and board and committee members have access to your information. Management and the Supervisory Committee are responsible for the oversight of our privacy policy. All employees have read and understand this policy and are aware that any violation will not be tolerated.
- Member’s Right to Opt Out. At any time, you have the right to opt out of the credit union’s sharing agreements with third parties. This option covers all third party disclosures and has no termination period. To opt out, simply fill out and return the bottom portion of this page to the credit union office either by mail or in person.
- Exceptions to the Opt Out. By law, the credit union may share personal information about members regardless of the member’s decision to opt out. These include, but are not limited to companies that perform transaction processing initiated by the member or by the credit union on the member’s behalf, credit reporting agencies, the credit union’s attorney, accountants and auditors, and any level of government agency to comply with legal requirements.
Links Policy
For purposes of convenience, URE Federal Credit Union’s site contains links to third party web sites. URE Federal Credit Union makes no representations or warranties about any third party web site that you may access through the links. By providing a link to those web sites, URE Federal Credit Union does not endorse, adopt, or otherwise accept any responsibility for the content or use of those web sites.
