Notice of Privacy Practices For Credit Union Members
The directors, management and staff of Financial Assurance Federal Credit Union are concerned about and respect the privacy of our members. We do not sell information about you and we have no intention of doing so in the future. This disclosure does not represent a change in our privacy policy and practices. Member information will continue to be guarded in the future as it has been in the past.
Information We Collect
We collect nonpublic personal information about you from the following sources:
Information we receive from you on applications or other forms, such as your name, address, social security number, assets and income.
Information about your transactions with us, our affiliates, or others such as your account balance, payment history, parties to transactions and credit card usage.
Information we receive from a consumer reporting agency, such as your creditworthiness and credit history.
Information We Disclose
We may disclose all of the information we collect as described above to companies that perform marketing services on our behalf, such as the company who prints your account statements, the company who services your VISA card accounts, the company that prints your checks or ATM cards, or other companies that provide services you request, as well as companies with whom we have joint marketing agreements.
Our Security Measures
We restrict access to nonpublic 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.
PRIVACY OF ELECTRONIC TRANSACTIONS
a. Encryption - Electronic interfaces with members (such as Internet transactions) will be encrypted using Secure Socket Layer (SSL) 128 bit encryption or better.
b. Account Access - Member account information and transactions will be protected by a password that must be used in conjunction with a username or account number. Members must apply for this capability and be registered with the Credit Union for authentication purposes.
c. "Cookies" - The Credit Union may use "cookies" as part of its web site interface. A "cookie" is a small file that is placed on the user's computer. While it contains no member information, it identifies the member's computer and allows the Credit Union to measure usage of the web site and customize the web site experience.
d. Links - The Credit Union will frequently link to other sites as a convenience to our members. The Credit Union will seek to link with other sites that adhere to similar privacy standards. However, the Credit Union is not responsible for the content of linked sites, or for their policies on the collection of member information.
e. Online Privacy of Children's Information - The Credit Union will not collect, use or disclose online information received from children under age 13 without prior parental notification and consent, which will include an opportunity for the parent to prevent use of information and participation in the activity. Online information will only be used to respond directly to the child's request and will not be used of other purposes without prior parental consent. The Credit Union will not distribute to third parties, other than it's affiliates, service providers, or joint marketers, personally identifiable information without prior parental consent. The Credit Union will not post or otherwise distribute personally identifiable information without prior parental consent. The Credit Union will not entice by the prospect of a special game prize or other activity, to divulge more information than is needed to participate in the activity. Personally identifiable information collected online from their children may be reviewed by a parent or guardian upon written request. The parent or guardian has the right to have information deleted and instruct the Credit Union to cease collecting further information from their child.
