Member Information We Collect. The credit union collects only relevant information about members that is needed to establish and maintain your accounts and services as the law allows or requires us to collect. We may collect personal and financial information about you (member information) which is “nonpublic”. The member information we collect varies depending on the accounts and services you request and use. We collect information about you from the following sources:
Application Information. We retain personal information we receive from you on any application you provide for membership, deposit accounts, EFT services, loans, or other credit union services. This includes information such as name, address, social security number, employment and financial status and credit history.
Your Transactions. Any time you make a transaction on one of your accounts, including ATM or card transactions, loan advances, transactions through home banking, over the phone or at a branch, we retain the transaction information, including your account number, the date, amount, location of the transaction, and any other pertinent information.
Credit and Marketing Information. When we evaluate your application for an account or service, we may request a credit report about you from a consumer reporting agency. We retain the personal and credit history information about you and we may use it to evaluate future account service requests. From time to time, we also obtain demographic household information about members and potential members from marketing information firms.
Online. We obtain information online when you visit our website, www.chetcofcu.org. This includes retaining information you provide us on any online application, home banking transaction, or information you send to us by e-mail.
Member Information We Share. To provide financial services to you, we may share certain information about you with third party service providers. We only share information to the extent necessary to service your account or bring you quality new services, more choices, and greater convenience. Information we may have about former members is shared or disclosed if necessary to enforce or administer an account or as required by law.
Sharing Information with Third Party Service Providers. In order for us to conduct our operations, including servicing your account or processing your transactions, we need to share information with our service providers, including data processing companies, check, ATM and other payment processing companies, payment networks, loan service providers, insurance companies, collection agencies, credit reporting agencies, and financial service providers with whom we have agreements. These service providers act on our behalf and have agreed in writing to keep the member information we provide to them confidential. We share the following categories of information to third party service providers depending on the specific services provided:
Personal information (name address, account number)
Account information (type of accounts, account balances, transaction history)
Transaction information (dates, amounts, locations and type of transaction)
We do not share your nonpublic personal information with independent third party marketers offering their own products and services. While we may assist in offering financial products and services of other financial service providers, we control the member information used to make such offers.
Sharing Information as Legally Required or Permitted. We may share your member information in response to a lawful request issued by a court, government agency, or regulatory authority, or as permitted by law in order to administer or enforce your account. We may also share our experience information about you with credit bureaus. Our reporting to credit bureaus is governed by the Fair Credit Reporting Act, which affords you the right to make sure that your credit bureau reports are accurate.
Our Confidentiality and Security Safeguards. We maintain strict policies and security controls to assure that member information in our computer systems and files is protected. Our employees and service providers are permitted access to member information that they may need to perform their jobs and to provide service to you. Our employees and service providers have access to such member information as necessary to conduct a transaction or respond to your inquiries. All employees and service providers are required to respect member privacy. No one, except our employees and service providers, has access to the credit union computer system and records storage. The credit union has established internal security controls, including physical, electronic and procedural safeguards to protect the information you provide us and the information we collect about you. We will continue to review our internal security controls to safeguard your member information as we employ new technology in the future.
Online Privacy Protections. At our website, www.chetcofcu.org you may apply for accounts and services and you may communicate with us via email. To protect the information you provide us online, we use multiple levels of security. The application information we accept online and our home banking service relies on industry standard “Secure Sockets Layer” (SSL) encryption to secure your transaction information and communication. Generally, our e-mails are not secure. When you visit our website, you can access site information without revealing your personal identity. However, in order to help us identify you for future site visits, we use “cookies” to track your visit. A “cookie” is a piece of information that our web server stores on your computer hard drive and retrieves later. The cookie will not request, require or collect personal identity information and you remain anonymous. Your member information is not accessed by or stored within a cookie in any way.
Protecting Children’s Information Privacy. Our online financial services are not designed for or directed toward children. We do not knowingly solicit or collect data from children and we do not knowingly market to children online. We recognize that protecting children’s identities and online privacy is important and that responsibility rests with us and with parents.