USA Patriot Act
To help the government fight the funding of terrorism and
money laundering activities, Federal law requires all financial institutions
to obtain, verify, and record information that identifies each person
who opens an account, in accordance with Public Law 107-56 also known
as Uniting and Strengthening America by Providing Appropriate Tools
Required to Intercept and Obstruct Terrorism (USA PATRIOT Act) Act of
2001.
The law also includes the Critical Infrastructures Protection
Act of 2001, Crimes Against Charitable Americans Act of 2001, International
Money Laundering Abatement and Financial Anti-Terrorism Act of 2001, and
the First Responders Assistance Act.
What this means for you: When you open an account, we will
ask for your name, address, date of birth and other information that will
allow us to identify you. We may also ask to see your driver’s license
or other identifying objects.
Notice of Your Financial Privacy Rights
This is our privacy notice for our members. When we use the words "you"
and "your" we mean the following types of members:
All of our consumer members who have a continuing relationship
with us, such as:
Deposit account
Loan account
We will tell you the sources for nonpublic personal information
we collect on our members. We will tell you what measures we take to secure
that information.
We will also tell you what information we share with other entities. We
will explain what your rights are, and how you can exercise them. If you
share your account relationship with someone else, for example where you
are a co-borrower or joint holder of a share draft account, we suggest
that you share this information with each other to ensure that each of
you are aware of our policy and your options.
We first define some terms.
"We" "our" and "us" means Members United
Federal Credit Union.
"Nonpublic personal information" means information about you
that we collect in connection with providing a financial product or service
to you. Non public personal information does not include information that
is available from public sources, such as telephone directories or government
records.
An "affiliate" is a company we own or control.
A "nonaffiliated third party" is a company that is not an affiliate
of ours.
"Opt out" means a choice you can make to prevent certain sharing
of information. We will explain how you can exercise this choice.
The Information That We Collect:
We collect non public personal information about you from
the following sources:
- Information we receive from you on applications or other
forms
- Information about your transactions with us
- Information about your transactions with nonaffiliated
third parties
- Information from a consumer reporting agency
The Confidentiality, Security and Integrity of Your Nonpublic
Personal Information
We restrict access to nonpublic personal 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 regulations to guard your nonpublic personal
information.
Nonpublic Personal Information and Nonaffiliated Third Parties
We may disclose nonpublic personal information to nonaffiliated
third parties. Here are the kinds of nonpublic personal information we
disclose to nonaffiliated third parties:
Nonpublic personal information we receive from you on an application or
other forms, such as
You may opt out of the disclosure of the information listed
above.
Types of Nonaffiliated Third Parties
We may disclose nonpublic personal information about you to
the following types of nonaffiliated third parties:
Financial service providers, such as insurance agents
We may also disclose nonpublic personal information about
you to nonaffiliated third parties as permitted by law.
Nonpublic Personal Information and Former Members
We do not disclose nonpublic personal information about former
members.
Authorized Sharing-Joint Marketing
We may disclose the following information to other financial
institutions with whom we have joint marketing agreements:
Nonpublic personal information we receive from you on an application
or other forms, such as
Federal law allows us to disclose the information listed above
with other financial institutions with whom we have joint marketing agreements.
You do not have a right to opt out of the disclosure of this information.
We may also disclose nonpublic personal information about you to nonaffiliated
third parties as permitted by law.
Types of businesses.
Here are the types of businesses with whom we may disclose
nonpublic personal information under this section
Financial service providers, such as insurance agents.
Your Right to Block the Disclosure of Your Nonpublic Personal Information
Nonaffiliated Third Parties.
If you do not want us to share your nonpublic personal information
with nonaffiliated third parties, you can block the release of certain
nonpublic personal information. This is known as your right to "opt
out."
Your decision to block the disclosure of your nonpublic personal information
will apply to all products and services you receive from us.
If you have a joint account, an opt out instruction given by one participant
of this account will affect all participants of the account.
If you wish to opt out of disclosures, you may do so by writing to us
at the following address:
Members United Federal Credit Union
3404 Monroe Street
LaPorte, Indiana 46350
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