Privacy Notice Disclosure
What Does Member Preferred Federal Credit Union do with my 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 and account balances
- checking account information and credit history
- credit scores and payment history
When you are no longer our member, we continue to share your information as described in this notice.
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 Member Preferred 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 and 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
Nor non-affiliates to market to you
Does MPFCU Share?
Yes
Yes
Yes
No
No
No
Can I Limit This Sharing?
No
No
No
N/A
N/A
N/A
What We Do
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.
We collect personal information, for example, when you:
- open an account or make a wire transfer
- apply for financing or give us your wage statements
- show us your driver’s license
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
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 nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
Definitions
Definition:
Companies related by common ownership or control. They can be financial and nonfinancial companies.
- Member Preferred Federal Credit Union has no affiliates.
Definition:
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Member Preferred Federal Credit Union does not share with our nonaffiliates so they can market to you.
Definition:
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Our joint marketing partners include insurance companies.
Mobile App & Home Banking:
Other Information:
We may disclose nonpublic personal information about you to the following types of third parities:
Financial service providers, such as insurance companies.
Non-financial companies, such as consumer reporting agencies and data processors.
If you have any questions, don’t hesitate to reach out.