Privacy Policy

BEAUMONT COMMUNITY CREDIT UNION
PRIVACY POLICY STATEMENT

Beaumont Community Credit Union is a member owned financial institution and run by a board of directors you elect. You can be confident that your financial privacy is a top priority of this credit union. We are required by law to give you this privacy notice to explain how we collect, use and safeguard your personal financial information.

We are committed to providing you with competitive products and services to meet your financial needs, which necessitates that we share information about you to complete your transactions and to provide you with certain financial opportunities. In order to do so, we have entered into agreements with other companies that provide either service to us or additional financial products for you to consider.

Under these arrangements, we may disclose all of the information we collect, as described below, to companies that perform marketing or other services on our behalf. To protect our members’ privacy, we only work with companies that agree to maintain a strong confidentiality protection and limit the use of information we provide. We do not permit these companies to sell to third parties the information we provide to them.

Beaumont Community Credit Union collects nonpublic information about you from the following sources:

Information provided on an application to obtain membership or a financial product or service;
Member transactions, account balance information, payment history, overdraft history, and debit/credit card transactions;
Information we receive from a consumer-reporting agency.
Information obtained when verifying the information you provide on a loan or credit card application, including past or present employers and other financial institutions you have conducted business with;
Information provided with collecting a loan or servicing a loan
Information collected from an Internet collection device (“cookie”)

We may disclose nonpublic personal information about you to the following types of third parties:

To a nonaffiliated third party for performing services for the credit union or functions on its behalf, such as outsourcing marketing of the credit union’s products to an advertising company, or using a mailing house to send our marketing information about the credit union’s products and services to the credit union’s members;
In a joint marketing agreement with a non affiliated third party financial institution to jointly offer, endorse, or sponsor a financial product or service provided the credit union has disclosed the financial institution’s general lines of business in its privacy notice;
As necessary to effect, administer, or enforce a transaction that a consumer requests or authorizes. Examples of third parties which may fall under this exception include: check printers, collection agencies, credit reporting agencies, data processors, collateral protection insurance, credit life and disability insurance, statement mailers, credit/debit card processor, ATM networks, CUNA Mutual Group, and share-draft & ACH processors.
For specified other disclosures, such as to protect against or prevent actual or potential fraud; to the credit union’s attorneys, accountants, and auditors; or to comply with applicable legal requirements, such as the disclosure of information to regulators, court issued subpoenas, and suspicious activity reports.

If you decide to terminate your membership or become an inactive member, we will not share information we have collected about you, except as permitted or required by law.

Beaumont Community Credit Union restricts access to your personal and account information to those employees who need to know that information to provide products and services to you. Our employees are trained in the importance of maintaining confidentiality and member privacy. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.

What Members Can Do to Help

Beaumont Community Credit Union is committed to protecting the privacy of its members. Members can help by following these simple guidelines:

Protect your account numbers, credit/debit card numbers, PIN’s (personal identification numbers) and passwords. Never keep your PIN with your card, which can provide free access to your accounts if your card is lost or stolen.
Use caution when disclosing your account numbers, social security numbers, etc. to other persons. If someone calls you explaining the call is on behalf of the credit union and asks for your account number, you should beware. Official credit union staff will have access to your information and will not need to ask you for it.
Keep your information with us current. If your address or phone number changes, please let us know. It is important that we have current information on how to reach you. If we detect potentially fraudulent or unauthorized activity or use of an account, we will attempt to contact you immediately.