OVERVIEW

The Credit Union is committed to protecting our members’ privacy. It is the policy of the Credit Union to hold member information in confidence, subject to applicable legal requirements and standards.

The Credit Union will take reasonable precautions to protect the accuracy and reliability of your member information; however, you are responsible for updating your member record from time to time in order to assure its accuracy. The Credit Union will respond to your requests to update information on your account as quickly as possible.

As part of our commitment to protect the confidentiality of your account information, The Credit Union employees are informed of their responsibility to protect confidential member information and are bound by this Privacy Policy. Staff may access your account information only when necessary for business reasons. The Credit Union has also established appropriate security standards to protect against unauthorized access to member information.

WHEN INFORMATION MAY BE SHARED

The Credit Union only shares information for legitimate business reasons, with the ultimate goal of bringing you greater convenience and more choices. The Credit Union shares member information with its affiliates and certain vendors with whom it has a contractual relationship to provide specific products and services such as insurance services and account statements. These insurance services and account statements are frequently requested services that the Credit Union would not otherwise be able to provide without affiliates and vendors. These vendors are prohibited from using member information for any purpose other than that for which they have been contracted.

Personal financial information such as your account balance or loan information may be shared under the following circumstances.

(1) when such disclosure is in compliance with the law, government agencies or court orders,
(2) when a third party is verifying the existence or condition of your account in accordance with applicable law,
(3) when necessary to complete a transaction,
(4) to protect secured assets or the assets of the Credit Union,
(5) when you give us your written permission,
(6) to share our experience with you to consumer reporting agencies, such as the credit bureaus.

NON-DISCLOSURE OF INFORMATION TO AFFILIATES

As a member at the Credit Union, you can be confident that the confidentiality of account information is the rule, not the exception. Although information collected in conjunction with a member’s account remains the property of the Credit Union, members may choose to be excluded from receiving certain marketing materials. Currently we do not market anything and we do not use any vendors for marketing. We do not disclose non-public information accept as permitted by law. Therefore our members do not have to opt-out.

If we did use 3rd party vendors for marketing, Members could then choose to “opt out” of receiving offers of goods or services by direct mail, e-mail or telemarketing.

Obtaining information from affiliates: The Credit Union does not purchase consumer information.

AVAILABILITY OF POLICY

The Credit Union is proud of its commitment to member confidentiality, and will make this policy available upon request. We will distribute the policy to each new account and to the membership as provided by law. .

The Credit Union’s treasurer can be reached by calling the Credit Union at:

(212) 730-7500

This policy was approved by the Board of Directors on:

February 22, 2005