Privacy Policy
| FACTS | What does Riverfork Federal Credit Union (RFCU) do with your personal information? |
| Why? | Financial companies choose how they share your personal information. Federal and state law gives consumers the right to limit some but not all sharing. Federal and state 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. |
| What? | The types of personal information we collect and share depend on the product or services you have with us. This information can include: Social Security number and income, account balances and payment history, credit history, and credit scores. When you close your account, we continue to share information about you, according to our policies. |
| How? | All financial companies need to share customers' personal information to run their everyday business – to process transactions, maintain customer accounts, and report to credit bureaus. In the section below, we list the reasons financial companies can share their customers' personal information, the reason RFCU chooses to share, and whether you can limit this sharing. |
| Reasons we can share your personal information |
Does RFCU share? |
Can you limit this sharing? |
| For our everyday business purpose To process your transactions, maintain your account and 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 | No | We don't share |
| For our affiliates' everyday business purposes Information about your transactions and experiences |
No | We don't share |
| For our affiliates to market to you | No | We don't share |
| For non-affiliates to market to you | No | We don't share |
Sharing Practices |
| How often does RFCU notify me about their practices? | We must notify you about our sharing practices when you open an account and each year while you are a member. |
| How does RFCU 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 RFCU collect my personal information? | We collect your personal information, for example, when you: open an account or deposit money, pay your bills or apply for a loan, or use your debit card. We also collect your personal information from others, such as credit bureaus, affiliates (if applicable), or other companies. |
| Why can't I limit all sharing? | Federal and state law gives you the right to limit sharing only for affiliates' everyday business purposes – information about your creditworthiness, affiliates to market to you, or non-affiliates to market to you. North Dakota state law and individual companies may give you additional rights to limit sharing so that the credit union cannot participate in joint marketing arrangements. |
Definitions |
|
| Everyday business purpose | The actions necessary by financial companies to run their business and manage customer accounts, such as: processing transactions, mailings, and audit services, providing information to credit bureaus, or responding to court orders and legal investigations. |
| Affiliates | Companies related by common ownership or control. They can be financial and non-financial companies. RFCU does not share with affiliates. |
| Non-affiliates | Companies not related by common ownership or control. They can be financial and non-financial companies. RFCU does not share with non-affiliates so they can market to you. |
| Joint Marketing | A formal agreement between non-affiliated financial companies that together market financial products or services to you. RFCU does not participate in joint marketing arrangements. |