Upstate Federal Credit Union is owned by its members and run by a board of
directors elected by the members. Trust has always been the foundation of our
relationship with members. Because they trust us with their financial and other
personal information, we are committed to respect their privacy and safeguard
that information. To preserve that trust, we pledge to protect their privacy by
adhering to the practices described below.
Upstate Federal Credit Union is committed to provide its members with
competitive products and services to meeting their financial needs, which
necessitates that we share information about you to complete your transactions
and to provide you with certain financial opportunities. In order to do so, we
have entered into agreements with other companies that provide either service
to us or additional financial products for you to consider. Under these
arrangements we may disclose all of the information we collect, as described,
to institutions with whom we have joint marketing agreements. To protect our
members’ privacy, we only work with companies that agree to maintain strong
confidentially protections and limit the use of information we provide. We do
not permit these companies to sell to other third parties the information we
provide to them.
By signing an application or agreement with us, or your use or continued use of
any of our services after notification, you jointly and severally agree to the
terms and conditions set forth in this Policy and Agreement.
1. The Categories of Information We Collect:
We only collect information about our members for lawful business purposes, or
otherwise required by applicable law. We maintain strict security procedures to
protect your information. We collect information about members from the
following sources:
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Information we receive from you on applications or other information you
provide us;
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Information about your identity, such as name, address, social security number
and driver’s license number;
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Information about your transactions with us, our affiliates, or other;
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Information we receive from consumer reporting agencies.
You agree that the street and email address provided in your Membership Account
Card on any other applications or notices accepted by us are publicly available
and will be used to provide notices, disclosures, statements, and other
communications. (Including, but not limited to our responses to email
communications) and offers for certain products or services as explained in
this privacy policy.
2. Categories of Information we Disclose:
We do not disclose any non-public personal information about members or former
members, except as permitted by applicable law. However, we may disclose the
non-public personal information we collect as described above to financial
service providers, such as, insurance companies.
3. Security:
We are committed to taking reasonable precautions to protect individual
identifying information that you provide to us.We restrict access to non-public
personal information about you to those employees who have a specific business
purpose in utilizing your data.Our employees are trained in the important of
maintaining confidentiality and member privacy. We maintain physical,
electronic, and procedural safeguards that comply with federal regulations and
leading industry practices to safeguard your non-public personal information.
4.Notices and "Joint Relationships":
Except where expressly required by law, we will provide all notices, including
opt-out notifications if required, to the person (member) listed first on any
application agreement, or other relevant document with us. The notice will be
mailed to the address noted for said person on the application agreements or
other document. All joint owners, borrowers and guarantors agree to the receipt
and sufficiency of any notice or notification sent according to this paragraph.
5. Modification:
The Credit Union reserves the right to modify, change, or amend this Privacy
Policy without notice other than as expressly required by law. Approved
by the Board of Directors this 21st day of September , 2004.