NOTICE OF YOUR FINANCIAL PRIVACY RIGHTS
We, our, and us mean L&N 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 a continuing relationship with us, such as:
• Share Account
• Loan account
• Credit card
• Safe Deposit Box
• Self-directed Individual Retirement Account where we act as a custodian or trustee.
• Home Mortgage Brokerage
In this notice, 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 checking 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.
First we will 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. Ownership does not mean complete ownership, but means owning enough to have 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 our affiliates
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 thatinformation to provide products or services to you. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your nonpublic personal information.
NON PUBLIC PERSONAL INFORMATION AND AFFILIATES
We may disclose nonpublic personal information about you. Here are the kinds of nonpublic personal information we may disclose to our affiliates:
Transaction and experience information from our account records:
Information about your transactions and experience with us, such as
• Name
• Address
• Account balances
• Account activity
• Types of accounts
• Credit card usage
• Payment history
• Deposit history
• Parties to the transaction
Federal law allows us to disclose the information listed above with our affiliates. You do not have a right to opt out of the disclosure of this information.
Types of Affiliates
We may disclose nonpublic personal information about you to the following types of affiliates:
• Financial Service Providers, such as
• Members Financial Services
Reasons for Disclosure
Here is why we may disclose nonpublic personal information about you to our affiliates:
• To provide our members with information about additional products and services.
Nonpublic Personal Information and Other Parties
We do not disclose your nonpublic personal information to anyone (affiliates or nonaffiliates) except as permitted by law or as disclosed in this disclosure.
Nonpublic Personal Information and Former Members
We do not disclose nonpublic personal information about former members, except as permitted by law.
YOU HAVE THE RIGHT TO CHOOSE.
In this notice, we have explained our policy about the disclosure of certain information.
Affiliates
We have explained the kinds of nonpublic personal information we may disclose to our affiliates. We have also explained the kinds of affiliates with whom we may disclose the nonpublic personal information.
