OUR CU Privacy Policy
What does OUR 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 OUR Credit Union’s Privacy Policy. At OUR Credit Union, we respect the privacy of our members. We recognize the importance of maintaining the confidentiality of your personal financial information. This notice describes the privacy policy and practices followed by OUR Credit Union. This notice explains what types of member information we collect and under what circumstances we may share it.
The types of personal information we collect and share depend on the accounts or services you have with us. This information can include:
- Name, address, Social Security number, and income
- Account balances and transaction history
- Credit history and credit scores
- User contacts on your mobile device for certain features including, but not limited to Bill Pay
When you are no longer our member, we will not share your information except as permitted or required by law 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 OUR Credit Union chooses to share; and whether you can limit this sharing.
| Reasons we can share your personal information | Does OUR CU share? | Can you limit this sharing? |
|---|---|---|
| For our 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 offer our products and services to you |
Yes |
No |
| For joint marketing with other financial companies |
Yes |
No |
| For our affiliates' everyday business purposes: information about your transaction experience |
Yes |
No |
| For our affiliates' everyday business purposes: information about your credit worthiness |
Yes |
Yes |
| For our affiliates to market to you |
Yes |
Yes |
| For our non-affiliates to market to you |
No |
We don't share |
| What we do | |
|---|---|
| How does OUR Credit Union 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 OUR Credit Union collect my personal information? |
We collect your personal information, for example, when you
We also collect your personal information from others, including credit bureaus or other companies. |
| Why can't I limit all sharing? |
Federal law only gives you the right to limit information sharing as follows:
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.
|
| Non-affiliates |
Companies not related by common ownership or control. They can be financial and non-financial companies.
|
| Joint marketing |
A formal agreement between OUR Credit Union and a nonaffiliated financial company where we jointly market financial products or ser- vices to you.
|
3070 Normandy Rd
Royal Oak, MI 48073
248-549-3838
info@OURcuonline.org
The directors, management and staff of OUR Credit Union are concerned about and respect the privacy of our members' personal financial information. We understand that our members furnish sensitive information to the credit union in the course of daily business, and the credit union is committed to treating such information responsibly. We know that our members expect privacy and security for their personal and financial affairs. OUR Credit Union will take all the necessary steps to safeguard sensitive information that has been entrusted to us by our members. The following outlines practices regarding personally identifiable financial information for members and other with which we establish a "member relationship," pursuant to 12 CFR section 716 of NCUA's Rules and Regulations.