Privacy Policy Disclosure
Revised 10/2010
FACTS |
WHAT DOES UNIVERSITY OF MICHIGAN CREDIT UNION (UMCU) DO WITH YOUR PERSONAL INFORMATION? |
| Why? | Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. |
| What? | The types of personal information we collect
and share depend on the product or service you have with us. This
information can include: • social security number and income • account balances and payment history • credit history and credit score |
| How? | All financial companies need to share members' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their members' personal information; the reasons University of Michigan Credit Union chooses to share; and whether you can limit this sharing. |
|
Reasons we can share your personal information |
Does UMCU share? |
Can you limit this sharing? |
|
For our everyday business purposes- such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus |
YES | NO |
|
For our marketing purposes- to offer our products and services to you |
YES | NO |
| For joint marketing with other financial companies | YES | YES |
|
For our affiliates' everyday business purposes- information about your transactions and experiences |
NO | WE DON'T SHARE |
|
For our affiliates' everyday business
purposes- information about your creditworthiness |
NO | WE DON'T SHARE |
| For affiliates to market to you | NO | WE DON'T SHARE |
|
For non-affiliates to market to you |
NO | WE DON'T SHARE |
| To limit our sharing |
• Call
734-662-8200 or 800-968-8628 and a Member Service Representative will assist you in your opt-out preferences.
• Visit us online
at www.umcu.org and click on "Contact
Us" to send Please note: However, you can contact us at any time to limit our sharing. |
| Questions? | Call 734-662-8200 or 800-968-8628 or write to us at P.O. Box 7850,
Ann Arbor, MI 48107 |
| Who we are | |
| Who is providing this notice? | University of Michigan Credit Union (UMCU) |
| What we do | |
| How does UMCU protect my personal information? | To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. |
| How does UMCU collect my personal information? | We collect your personal information, for example, when
you • open an
account or deposit money We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. |
| Why can't I limit all sharing? | Federal law gives you the right to limit only
• sharing for
affiliates' everyday business purposes - State laws and individual companies may give you additional rights to limit sharing. |
| What happens when I limit sharing for an account I hold jointly with someone else? | Your choices will apply to everyone on your account. |
| Definitions | |
| Affiliates | Companies related by common ownership or control. They can be financial and non-financial companies. UMCU has no affiliates. |
| Non-affiliates | Companies not related by common ownership or control. They can be financial or non-financial companies. UMCU does not share with non-affiliates so they can market to you. |
| Joint Marketing | A formal agreement between non-affiliated
financial companies that together market financial products or services
to you. Our joint marketing partners include categories of companies,
such as: • financial service providers • insurance companies |
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Mortgage loan services provided by MemberFirst Mortgage LLC (NMLS #149532)
and UMCU (NMLS #712343)