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CRANSTON MUNICIPAL EMPLOYEES CREDIT UNION PRIVACY POLICY
The Cranston Municipal Employees’ Credit Union is committed to providing our members with financial products and services to meet their needs and to reach their financial goals. We are equally committed to protecting our members’ privacy. Our member’s financial privacy is a priority of this credit union. We will comply with the requirements of the law to provide our members with privacy notices and to explain how we collect, use, and safeguard our member’s personal financial information.
Information We Collect And Disclose About Our Members
We will collect nonpublic personal information about our members from the following sources:
· Information we receive from applications and other forms;
· Information about member transactions with us or others;
· Information we receive from a consumer reporting agency;
· Information obtained when verifying information provided on an application or other forms. This information may be obtained from current or past employers, or from other institutions where the member conducts financial transactions.
We may disclose all the information we collect, as described previously, to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements. To protect our members’ privacy we will only work with companies that agree to maintain strong confidentiality protections and limit the use of information we provide. We will not permit these companies to sell the member information we provide to other third parties.
In order to conduct the business of the credit union, we may also disclose nonpublic personal information about our members under other circumstances as permitted or required by law. These disclosures typically include information to process transactions on our members’ behalf, conduct the operations of the credit union, follow members’ instructions as authorized, or to protect the security of our financial records.
If the member terminates their membership with the Cranston Municipal Employees’ Credit Union, we will not share information collected about that member, except as permitted or required by law.
How We Protect Member Information
We will restrict access to nonpublic personal information about our members to employees who have a specific business purpose in utilizing this data. Our employees will be trained in the importance of maintaining confidentially and member privacy. We will maintain physical, electronic, and procedural safeguards that comply with federal regulations and leading industry practices to safeguard our members’ nonpublic personal information.
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