FACTS: What does IH 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 what we do.
The types of personal information we collect and share depend on the product or service you have with us. This information can include:
- Social Security number and account balances
- account transactions and checking account information
- income and payment history
When you are no longer our member, we continue to share your information 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 IH Credit Union chooses to share; and whether you can limit this sharing.
|Reasons we can share your personal information||Does IH Credit Union|
|Can you limit this sharing?|
|For our everyday business purposes –|
such as to process your transactions, maintain your
account(s), respond to court orders and legal investigations, or to report to credit bureaus
|For our marketing purposes –|
to offer our products and services to you
|For joint marketing with other financial companies||Yes||No|
|For our affiliates’ everyday business purposes -|
information about your transactions and experiences
|No||We don’t share|
|For our affiliates’ everyday business purposes –|
information about your creditworthiness
|No||We don’t share|
|For our affiliates to market to you||No||We don’t share|
|For nonaffiliates to market to you||No||We don’t share|
What we do
How does IH 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 IH Credit Union collect my personal information?
We collect your personal information, for example, when you
- open an account or pay your bills
- use your credit or debit card or apply for financing
- provide account information
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only
- sharing for affiliates’ everyday business purposes – information about your creditworthiness
- affiliates from using your information to market to you
- sharing for nonaffiliates to market to you
State law and individual companies may give you additional rights to limit sharing.
Companies related by common ownership or control. They can be financial and nonfinancial companies.
- IH Credit Union has no affiliates.
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- IH Credit Union does not share with our nonaffiliates so they can market to you.
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Our joint marketing partners include loan recapture programs, financial advisors and insurance companies.
ACCOUNTS INSURED UP TO $500,000
American Share Insurance insures each account up to $250,000. Excess Share Insurance Corporation provides up to an additional $250,000 of insurance per account.
MEMBERS’ ACCOUNTS ARE NOT INSURED OR GUARANTEED BY ANY GOVERNMENT OR GOVERNMENT-SPONSORED AGENCY.