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We, our, and us, when used in this notice, means Saugus Federal Credit Union. This is our privacy notice for our members. When we use the word “you” and “your” we mean the following types of members.
- Our consumer members who have a continuing relationship by purchasing or holding financial product or service such as a:
- Share account
- Loan account
- Credit card account
- Self-directed Individual Retirement Account
- Mortgage brokerage services
We will tell you the sources of the information we collect about you. We will tell you what measures we take to secure that information. We first define some terms.
Nonpublic personal information means information about you that we collect in connection providing a financial product or service to you. Nonpublic personal information does not include information that is available form public sources, such as telephone directories or government records. Hereafter, we will use the term “information” to mean nonpublic personal information as defined in this section.
An affiliate is a company we own or control. A nonaffiliated third party is a person we do not employ or a company that is not an affiliate of ours. This is also known as nonaffiliated third party, or simply, an “other party”.
THE INFORMATION WE COLLECT
We collect information about you from the following sources:
- Information you give us on an application or other forms
- Information about your transactions with us
- Information about your transactions with other parties
- Information from a consumer reporting agency
- Information we receive through our Customer Identification Program
THE CONFIDENTIALITY, SECURITY AND INTEGRITY OF YOUR INFORMATION
We restrict access to 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 to protect this information.
YOUR INFORMTION AND OUR AFFILIATES
We may disclose information about you to our affiliates. Here are the kinds of information and the source of that information:
Transaction and experience information from our account records:
- Information about your transactions and experience with us, such as name and address.
Federal Law allows us to disclose the information listed above with our affiliates. You do not have a right to opt out of the disclosure of this information.
Types of Affiliates
We may disclose information about you to the following types of affiliates:
- Financial service providers, such as:
- Credit Union Service Organization (CUSO)
Reasons for Disclosure
We may disclose information about you to our affiliates to provide you with information about additional products and services.
YOUR INFORMATION AND OTHER PARTIES
We will not disclose information about you to anyone except as disclosed in this policy or as permitted by law. Examples of this might include disclosures necessary to service your account or prevent unauthorized transactions.
INFORMATION ABOUT FORMER MEMBERS
We do not disclose information about former members, except as permitted by law.
AUTHORIZED SHARING - JOINT MARKETING
We may disclose the following information to other financial institution with whom we have joint marketing agreements:
- Information you give us on an application or other forms, such as:
- Name - Address - Social Security Number - Date of Birth
We 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.
State Limitations
We will not share any information derived from share relationships with us about members who reside in the following states:
Nor will any branches or offices located in such states share this information with other parties.
Types of Businesses
We may disclose information pursuant to joint marketing agreements to the following types of businesses:
Financial service providers, such as:
Credit Card Company
Reasons for Disclosing
We may disclose information about you to other financial institutions with whom we have joint marketing agreements to provide you with information about additional products and services.
Privacy Policy Inquiries. If you have any questions about our privacy practices, contact us by calling (781) 233-0010, sending us an e-mail at info@saugusfcu.com, or writing to us at: Saugus Federal Credit Union, P.O. Box 1005, Saugus MA 01906.
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