Beach Municipal FCU is owned by its members and is operated under the direction of a volunteer board of directors you elect. You can be confident that your financial privacy is a top priority of this Credit Union. We are required by law to give you this Privacy Notice to explain how we collect, use and safeguard your personal financial information. If you have any questions, please contact a Member Service Representative at 757.333.7787.
Privacy Notice Protecting Your Financial Privacy
FACTS | WHAT DOES BEACH MUNICIPAL FEDERAL CREDIT UNION (Beach Municipal FCU) DO WITH YOUR PERSONAL INFORMATION?
Why?
Financial companies choose how they share your personal information. However, 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 purchase history
- Account balances and payment history
- Credit history and credit scores
When you are no longer our member, we continue to share your information as described in this notice.
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 Beach Municipal FCU chooses to share; and whether you can limit this sharing.
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REASONS WE CAN SHARE YOUR PERSONAL INFORMATION: |
DOES BEACH MUNICPAL FEDERAL CREDIT UNION 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 make members aware of our latest promotions and offer you new products and services to better meet your financial needs |
Yes |
Yes |
|
For Joint Marketing with Other Financial Companies |
Yes |
Yes |
|
For Our Affiliates’ Everyday Business Purposes – information about your transactions and experiences |
Yes |
No |
|
For Our Affiliates’ Everyday Business Purposes – information about your creditworthiness |
Yes |
Yes |
|
For Our Affiliates to Market to You |
Yes |
Yes |
|
For Non-Affiliates to Market to You |
No |
We do not share |
WHAT WE DO
How does Beach Municipal FCU 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 Beach Municipal FCU collect my personal information?
We collect your personal information, for example, when you
- Open an account or deposit money
- Pay your bills or apply for a loan
- Use your credit or debit card
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-information about your creditworthiness
- Affiliates from using your information to market to you
- Sharing for non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
DEFINITIONS
Affiliates — Companies related by common ownership or control. They can be financial and nonfinancial companies.
- Beach Municipal FCU has no affiliates.
Non-affiliates — Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Beach Municipal FCU does not share with non-affiliates.
Joint marketing — A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Our joint marketing agreements include financial products and services companies, and insurance companies.
Questions? Call 757.333.7787 or go to beachmunicipal.org.
A printable version of our Privacy Notice.
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