|FACTS||What does Michigan Educational Credit Union do with your personal information?|
|Why?||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 products or service you have with us. This information can include:
When you are no longer our member, we may continue to share your information as described in this notice.
|How?||All financial companies need to share members' and other non-member consumers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their members' and other non-member consumers’ personal information; the reasons MECU chooses to share; and whether you can limit this sharing.|
|Reasons we can share your personal information||Does Michigan Educational Credit Union share?||Can you limit this sharing?|
|For our everyday business purposes: such as to process your transaction, maintain your accounts(s), respond to court orders and legal investigations, or report to credit bureaus||YES||NO|
|For our marketing purposes: to offer our products and services to you||YES||NO|
|For joint marketing with other financial companies||YES||NO|
|For our affiliates' everyday business purposes: information about your transactions and experiences||NO||N/A|
|For our affiliates' everyday business purposes: information about your creditworthiness||NO||N/A|
|For nonaffiliates to market to you||NO||N/A|
|Who we are|
|Who is providing this notice?||Michigan Educational Credit Union (MECU)|
|What we do|
|How does Michigan Educational 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. Encryption technology is used to keep your financial information safe.|
|How does Michigan Educational Credit Union collect my personal information?||
We collect your personal information, for example, when you:
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:
State laws 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.
Michigan Educational Credit Union has no affiliates.
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
Michigan Educational Credit Union does not share with 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 insurance companies and mortgage companies.
|Other important information|
|You agree to share this Privacy Disclosure with all joint owners, joint borrowers and guarantors.|
|Questions?||Call 734-455-9200 or go to www.michedcu.org|
Last Revised 01/2011Go to main navigation