Notice of Your Financial Privacy Rights
This is our privacy notice for our members. When we use the words "you" and "your" we mean the following types of members:
We will tell you the sources for nonpublic personal information we collect on our members. We will tell you what measures we take to secure that information.
We first define some terms.
We, our, and us means Hibbing Cooperative Credit Union. Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records. An affiliate is a company we own or control. A nonaffiliated third party is a company that is not an affiliate of ours.
The Information That We Collect
We collect nonpublic personal information about you from the following sources:
Information we receive from you on applications or other forms
Information about your transactions with us
Information about your transactions with nonaffiliated third parties
Information from a consumer reporting agency
The Confidentiality, Security, and Integrity of Your Nonpublic Personal Information
We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.
Nonpublic Personal Information and Nonaffiliated Third Parties
Since we value our member relationship with you, we will not disclose your nonpublic personal information to nonaffiliated third parties, except as permitted by law.
Nonpublic Personal Information and Former Members
We do not disclose nonpublic personal information about former members.
Authorized Sharing - Joint Marketing
We may disclose the following information to other financial institutions with whom we have joint marketing agreements:
Federal law allows us to disclose the information listed above with other financial institutions with whom we have joint marketing agreements. You do not have a right to opt out of the disclosure of this information. We may also disclose nonpublic personal information about you to nonaffiliated third parties as permitted by law.
Types of Businesses. Here are the types of businesses with whom we may disclose nonpublic personal information under this section
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.
We may also ask to see your driver's license or other identifying documents.