At Florida Rural Electric Credit Union, your privacy is top priority. This notice describes how we protect the privacy of your personal information. Throughout this notice, the word "information" refers to personal information about you that may not be publicly available.
We collect information about you from the following sources:
- Application and other forms you submit to us;
- Information about your transactions with us, our affiliates, or others; and
- Consumer reporting agencies
- Representations made by you to us; and
- Representations made by other people regarding an employment, credit or other relationship with you.
We may disclose all of the above information that we collect, as described above.
We may disclose information about our members and former members to the following types of third parties:
Financial service providers such as credit cards, insurance services and mortgage services.
We may disclose all of the information we collect, as described above, to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements. To protect our members' privacy, we only work with companies that agree to maintain strong confidentiality protections and limit the use of the information we provide. We do not permit these companies to sell or otherwise disclose to other third parties the information we provide them. We may also disclose information about you and our former members under other circumstances, as permitted or required by law.
We restrict access to 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 and state laws and regulation to guard your information.
Identity Verification Notice:
On October 26, 2001, the USA Patriot Act was signed into law. Its purpose is to help the government fight the funding of terrorism and money laundering activities. This Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account or has signatory rights to an account.
What this means for you: The credit union will ask for your name, address, date of birth, and other information that will allow the credit union to identify you. The credit union may ask to see your driver's license or other identifying documents.
If you are an existing member who joined the credit union before the USA Patriot Act became effective we may also need to verify and retain copies of any documents used to verify your identity when you request a new deposit account, apply for a loan or are added as a signatory to a new or existing deposit or loan account.
We ask for your understanding as we work to support these efforts to maintain the security of your funds and our country. Please speak with a credit union staff member if you have any questions or concerns about our identification policies.