Meijer Credit Union Privacy Policy
Last Revised: March 2001Adoption Date: March 3, 2001
General Policy Statement:
Meijer Credit Union recognizes its responsibility to safeguard and protect the nonpublic personal information of our members, and in some circumstances, non-members. The purpose of this policy is to set forth guidelines under which such information may be shared with third parties, the circumstances in which we will provide disclosures to our members regarding the sharing of such information, and the measures employed to protect and keep such information confidential. It is the intent of the Credit Union to abide by all applicable laws and regulations governing privacy, including but not limited to National Credit Union Administration Regulation 716 (Privacy of Consumer Financial Information), the Gramm-Leach-Bliley Act, the Fair Credit Reporting Act of 1970, the Privacy Act of 1974, the Tax Reform Act of 1976, the Right to Financial Privacy Act of 1978, the Michigan Electronic Funds Transfers Act and the United States Patriot Act of 2003.Guidelines:
- Collection of Information: The Credit Union will only collect information that is necessary to conduct its business. In the course of delivering products and services, the Credit Union obtains nonpublic personal information from its members, and in some circumstances from non-members. This information is necessary to either comply with a state or federal law or regulation, or to provide effective and competitive services.
- Member Access: Upon request, the Credit Union will provide members with access to their own general account information. Members do have a responsibility to protect their nonpublic private information and to inform the Credit Union of unauthorized access to their account or inaccurate information maintained by the Credit Union.
- Maintenance of Information: The Credit Union takes reasonable steps and will implement procedures to assure that member information it gathers is accurate and maintained in a manner to assure its accuracy. In the event inaccurate information in discovered, the Credit Union will correct the inaccuracy as promptly as possible.
- Sale of Information Prohibited: It is the policy of the Credit Union not to sell member information to any third party under any circumstances.
- Sharing of Account Numbers Prohibited: It is the policy of the Credit Union not to share any account numbers or similar access numbers of its members or non-members except as required or authorized by law or in accordance with paragraph 7 of this policy.
- Disclosure of Information to Third Parties: In an effort to provide products and services and to comply with state and federal laws and regulations, the Credit Union does share nonpublic personal information with certain third parties. Such information sharing is done in compliance with applicable laws and regulations, including providing required notices to members that such information sharing takes place.
- Responsibility of Non-Affiliated Third Parties: The Credit Union selects its service partners with due diligence and care. If the Credit Union will share information with a non-affiliated service partner, such service partner will only be approved if it has established privacy policies that are consistent with the privacy policies of the Credit Union and the laws and regulations governing privacy. Where appropriate, the Credit Union will protect nonpublic personal information through contractual provisions that prohibit non-affiliated service partners from using information for any other purpose than for which the Credit Union provides the information to the service partner. The Credit Union will consult with legal counsel as needed to assure contracts it enters are in compliance with the laws and regulations governing privacy.
- Notice of Information Sharing: The Credit Union will provide members, (and, when applicable, non-members) with initial and annual notices related to privacy policies and practices as required by law or regulation, including, where appropriate, an opportunity to "opt-out" of information sharing. It is the intent of the Credit Union to properly record and honor all requests from members to "opt-out."
- Non-Member Consumer Information: In some instances the Credit Union obtains nonpublic personal information from persons that are not members of the credit union, but are consumers of its products or services. The information the Credit Union obtains to provide these products or services is necessary to complete a transaction or is required for compliance with law or regulation. It is the policy of the Credit Union to use this information solely for the purpose for which it is obtained either from the consumer directly or from a third party, and not to disclose it to any third party for any purpose.
- Information About Former Members: In the event a person who was a member of the Credit Union is no longer a member, the Credit Union will maintain only that information about that person which was necessary to provide the products or services that person was receiving from the Credit Union while he was a member, and will share that information with third parties only as required by law or regulation. In addition, such information may be used by the credit union for the purpose of contacting the non-member regarding reestablishing membership in the credit union. The Credit Union will retain such information in a manner consistent with the Record Retention Policy of the Credit Union.
- Internal Security and Privacy: The Credit Union maintains a comprehensive risk management system to protect the credit union and its members. This system is intended, in part, to ensure safety and confidentiality of member records, protect against anticipated threats or hazards to the security of such records, and protect against unauthorized access to or use of records that could result in substantial harm or inconvenience to a member or the credit union. Where appropriate security coding and other available technology will be used to protect against unauthorized access to personal records, ensure accuracy and integrity of transactions and communications, and protect confidentiality.
Meijer Credit Union Security
Meijer Credit Union uses Network Solutions for encrypting secure data over the Internet.
The Network Solutions Site Safe Seal assures you that our Web site has been authenticated by Network Solutions and that confidential transactions within our Web site are secured by SSL encryption. This does not apply to e-mail sent to Meijer Credit Union. Please do not send personal and/or account information to Meijer Credit Union via e-mail.
