NOTICE OF YOUR FINANCIAL PRIVACY RIGHTS
WE, OUR, and US, when used in this notice, mean Timberline Federal Credit Union. This is our privacy notice for our members. When we use the words "you" and "your" we mean the following types of members:
All of our consumer members who have continuing relationship with us, such as:
- Deposit account
- Loan account
- Safe deposit box
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 will also tell you what information we share with other entities. We will explain what your rights are, and how you can exercise them. If you share your account relationship with someone else, for example where you are a co-borrower or joint holder of a share draft account, we suggest that you share this information with each other to ensure that each of you are aware of our policy and your options.
We first define some terms.
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.
OPT OUT means a choice you can make to prevent certain sharing of information. We will explain how you can exercise this choice.
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
We may disclose nonpublic personal information to nonaffiliated third parties. Here are the kinds of nonpublic personal information we disclose to nonaffiliated third parties:
Nonpublic personal information we receive from you on an application or other forms, such as:
- Name
- Address
- Social Security number
- Assets
- Income
Nonpublic personal information about your transactions with nonaffiliated third parties, such as:
- Account balances
- Account activity
- Types of accounts
- Payment History
Nonpublic personal information we receive from a credit reporting agency, such as:
- Creditworthiness
- Credit History
You may opt out of the disclosure of the information listed above.
EXCEPTIONS
We so not share this information about members who reside in Alaska or Vermont. Members who reside in these states do not need to opt out.
We do not share any information derived from deposit (share) relationships with us about members who reside in Massachusetts or Mississippi. If you only have a deposit relationship with us and you reside in one of these states, you do not need to opt out. If you have a loan or other nondeposit member relationship, and you do not want us to share this information about you, you should contact the credit union.
TYPES OF NONAFFILIATED THIRD PARTIES
We may disclose nonpublic personal information about you to the following types of nonaffiliated third parties:
Financial service providers, such as:
- Insurance agents
We do not disclose your nonpublic personal information to anyone, except as permitted by law or as disclosed in this disclosure. This might include disclosures necessary to service your account, perform joint marketing or prevent unauthorized transactions.
We do not disclose nonpublic personal information about former members, except as permitted by law.
If you wish to opt out of the disclosure of your information, you may do so by contacting the credit union.
