- SCCU Privacy Policy -
What does Soo Co-op Credit Union do with
your personal information?
We respect your right to privacy
Here's what our Privacy Policy means for you:
Why is there a policy?
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.
What types of personal information are collected?
The types of personal information we collect and share depend on the accounts, products, or services you have with us. This information can include:
• Name, address, Social Security Number, and income
• Account balances and payment history
• Credit history and credit scores
When you are no longer our member, we continue to share your information as described in this notice.
How is personal information shared?
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 Soo Co-op Credit Union chooses to share; and whether you can limit this sharing.
| Reasons we can share your personal information | Does Soo Co-op Credit Union share? | Can you limit this sharing? |
|---|---|---|
|
For our everyday business purposes - |
YES | NO |
|
For our marketing purposes - to offer |
YES | NO |
| For joint marketing with other financial companies | YES | NO |
|
For our affiliates' everyday business purposes - information about your |
NO | WE DO NOT SHARE |
| For our affiliates’ everyday business purposes - information about your creditworthiness |
NO | WE DO NOT SHARE |
| For affiliates to market to you | YES | NO |
| For non-affiliates to market to you | NO | WE DO NOT SHARE |
Questions?
Call us at 906-632-5300 or toll-free at 866-632-6819 or visit us online at www.soocoop.com.
Who is providing this notice?
Soo Co-op Credit Union and our wholly owned subsidiary, SCCU Service, LLC dba SCCU Insurance Agency.
How does Soo Co-op 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, secured files and buildings, procedural safeguards, and safe record storage. We will continue to review and modify our security controls in the future to deal with changes in products, services, and technology.
How does Soo Co-op Credit Union collect my personal information?
We collect your personal information, for example, when you:
• start an account
• apply for a loan
• use your credit or debit card
• pay your bills
• make deposits to or withdrawals from the accounts you have with us. We also collect your personal information from others, including credit bureaus or other companies.
Why can't I limit all sharing?
Federal law only gives you the right to limit:
• sharing for affiliates’ everyday business purposes—information about your creditworthiness
• affiliates from using your information to market to you
• sharing for non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
What is soo co-op credit unions definition of an affiliate?
Companies related by common ownership or control. They can be financial and nonfinancial companies.
• Soo Co-op Credit Union is affiliated with SCCU Service, LLC.
What is Soo Co-op credit unions definition of a nonaffiliate?
• Companies not related by common ownership or control.
• They can be financial and nonfinancial companies.
• Soo Co-op Credit Union does not share with non-affiliates so that they can market to you.
What is joint marketing?
A formal agreement between non-affiliated financial companies that together market financial products or services to you. Our marketing partners include:
• Investment companies
• Insurance companies
• Other financial service providers
Other Important Information
Certain features of your online banking application, including BillPay (with Contacts Import enabled), Zelle, and other 3rd party web apps that allow importing of your contact information, need to access your device's contacts in order to complete transactions efficiently.
| Created by All Goals Solutions & Farleigh Wada Witt. | OPN - 08-15-22 |
About Geolocation Information
The Controls & Alerts App periodically collects, transmits, and uses geolocation information to enable features that prevent fraudulent card use and send alerts, but only if the End User expressly authorizes collection of such information. Geolocation information can be monitored on a continuous basis in the background only while the Solution is being used or not at all, depending on the End User's selection. End Users can change their location permissions at any time in their device settings.