Main Impact Federal Credit Union Privacy Policy
FACTS
WHY
WHAT
HOW
What does Main Impact Federal Credit Union do with your personal information?
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.
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 & income
• Credit history and checking account information
• Payment history & credit scores
When you are no longer our member, we continue to share your information as described in this notice.
All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information, the reasons Main Impact Federal Credit Union chooses to share, and whether you can limit this sharing.
REASONS WE SHARE YOUR PERSONAL INFORMATION
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
For our marketing purposes- To offer our products & services to you
For joint marketing with other financial companies
For our affiliates’ everyday business purposes- Information about your transactions and experiences
For our affiliates’ everyday business purposes- Information about your creditworthiness
For our affiliates’ to market to you
For our non-affiliates’ to market to you
NO
WE DON’T SHARE
WHAT WE DO
How does Main Impact Federal Credit Union protect my personal information?
How does Main Impact Federal Credit Union collect my personal information?
Why can’t I limit all sharing?
Non-Affiliates
Joint Marketing
DOES THE CREDIT UNION SHARE?
YES
YES
NO
YES
NO
NO
NO
CAN YOU LIMIT SHARING?
NO
NO
WE DON’T SHARE
WE DON’T SHARE
WE DON’T SHARE
To protect your personal information from unauthorized access & use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
We collect your personal information, for example, when you:
• Open an account or deposit money
• Show your driver’s license
• Apply for a loan or use your credit or debit card
We also collect your personal information from others, such as credit bureaus, affiliates, or others.
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 non-financial companies.
• Main Impact Federal Credit Union has no affiliates.
Companies not related by common ownership or control. They can be financial and non-financial companies.
• Main Impact Federal Credit Union does not share with non-affiliates so they can market to you.
A formal agreement between non-affiliated financial companies that together market financial products or services to you.
• Main Impact Federal Credit Union doesn’t jointly market.