Reed Credit Union Privacy Principles
Reed Credit Union (ReedCU)
recognizes the importance of protecting information provided to us by our
members. We employ every appropriate measure to safeguard our memberís
confidentiality whether they interact with us in person, over a telephone, at an
ATM or via online Banking.
- 1. Recognition of a Memberís
Expectation of Privacy
- Reed Credit Union
recognizes and respects the privacy
expectations of our members and explains principles of financial privacy
to our members in an appropriate fashion.
- 2. Use, Collection
and retention of Member Information
- Reed Credit Union collects, retains and uses information
about individual members only where we reasonably believe it would be
useful (and allowed by law) in administering Reed Credit Unionís business and to provide products, services and other
opportunities to our members.
- 3. Maintenance of
- Reed Credit Union establishes procedures so that a
memberís financial information is accurate, current and complete in
accordance with reasonable standards. Reed Credit Union also
responds to requests to correct inaccurate information in a timely
- 4. Limiting Member
Access to Information
- Reed Credit Union educates our members so that they will
understand the importance of confidentiality and member privacy.
Information via Established Security Procedure
Reed Credit Union maintains appropriate security standards
and procedures regarding unauthorized access to member information.
our secure data services network. They provide a single network solution to your
confidential digital information. It never leaves the network which it resides
on and is not stored by IsSecure.org for future use.
Auto Buying Program data source. (Please
note that on the Car Quote Information form they do not ask your home address
just a city and zip code.) The
information collected by them is strictly voluntary
( no hidden
cookies or digital tricks ) and is used for the sole
purpose of putting the user with a Dealer Select Certified Representative to aid
the user in an automotive search and potential purchase. They absolutely do not
share or trade your information except noted as above.
6. Restrictions on
the Disclosure of Account Information
Reed Credit Union does not reveal specific information
about member accounts or other personally identifiable data to
unaffiliated third parties for their independent use, except for the
exchange of information with reputable information reporting agencies to
maximize the accuracy and security of such information or in the
performance of bona fide corporate due diligence, unless (1) the
information is provided to help complete a member initiated transaction;
(2) the member requests it; (3) the disclosure is required by/or
allowed by law (e.g., subpoena, investigation of fraudulent activity,
etc.) ; or (4) the member has been informed about the possibility of
disclosure for marketing or similar purposes through a prior
communication and is given the opportunity to decline (i.e., ďopt
Privacy in Business Relationships with Third Parties
If personally identifiable member information is provided to a
third party, Reed Credit Union insists that the third party
adhere to strict privacy principles that provide for keeping such
information confidential at all times.
8. Disclosure of
Privacy Principles to Members
Reed Credit Union will devise methods of providing members
with an understanding of its Privacy Policies. We respect the privacy of
our membersí personal information and want to ensure their privacy.