The Dallas Cotton Belt Employees Credit Union is committed to making available financial products and services that will enable it members to meet their financial needs and reach their  financial goals, while at the same time protecting their personal non-pubic information.  To ensure that the Credit Union maintains physical, electronic, and procedural safeguards that comply with federal regulations for guarding the membership’s nonpublic personal information,  the Board of Directors has adopted the following Privacy Policy. 

¨       Dallas Cotton Belt Employee’s Credit Union will collect only the personal information that is necessary to conduct our business.  This means just what is necessary to provide competitive financial products and services to the membership and no more. 

¨       Dallas Cotton Belt Employee’s Credit Union will protect its memberships’ personal information.  The credit union will maintain strong security controls to ensure that member information in the files and computers is well protected.  Where and when appropriate, security coding techniques may be used to protect against unauthorized access to personal records, ensure accuracy and integrity of communications and transactions, and protect member confidentially. 

¨       The Membership of Dallas Cotton Belt Employee’s Credit Union will always have access to their personal information.  Members of the credit union will always have the opportunity to review their account information and make necessary changes to ensure that the credit union’s  records are complete and accurate. 

¨       Dallas Cotton Belt Employee’s Credit Union will only share information when absolutely necessary.  The credit union will only share information to administer the products and services that it provides, when required to do so by the government, or when we partner with other businesses to offer a broader array of products and services. 

¨       Dallas Cotton Belt Employee’s Credit Union will partner only with businesses that follow strict confidentiality requirements.  The businesses the credit union select will offer products designed to enhance our members’ economic well being.  Under no circumstances will the credit union authorize these firms to charge a member’s account without the member’s express consent, and we will not sell member information to telemarketing firms. 

¨       Dallas Cotton Belt Employee’s Credit Union will offer its member’s a choice in how their information is used.  Any member of the credit union may elect to keep information from being shared with any of the credit union’s business partners.  Membership will be informed on how to exercise their choices, and the credit union will take all reasonable steps to make sure the requests are followed.  At least once a year the credit union  will remind the membership of their right to choose. 

INFORMATION THE CREDIT UNION COLLECTS

      The Credit Union collects information about its members from the following sources:

1.       Information received on applications and other forms.

2.       Information about transactions with others or us.

3.       Information received from a credit-reporting agency.

4.       Information obtained when verifying the information provided on an application or other forms.  This may be obtained from your current or past employers, or from other institutions where you conduct financial transactions. 

PARTIES WHO RECEIVE INFORMATION FROM THE CREDIT UNION

The Credit Union may disclose nonpublic personal information about its members to the following types of third parties:

1.       Financial companies, such as insurance companies and mortgage service companies.

2.       Non-financial companies, such as, consumer reporting agencies and retailers

DISCLOSURE OF INFORMATION TO PARTIES THAT PROVIDE SERVICES TO THE CREDIT UNION

The Credit Union may disclose all the information it collects, as described above to the companies that perform marketing or other services on the credit union’s behalf or to other financial institutions with whom we have a joint marketing agreement.  The Credit Union will only work with companies who agree to maintain strong confidentiality protections and will limit the use of the information that we provide.  The credit union may also disclose information about the membership under other circumstances as permitted or required by law.  These disclosures typically include information to process transactions on the members behalf, conduct the operations of the credit union, or follow a members instructions as  authorized, or protect the security of our financial records. 

DISCLOSURE OF INFORMATION ABOUT FORMER MEMBERS 

                If a member decides to terminate their membership with Dallas Cotton Belt Employees Credit Union, the credit union will not share information it has collected about this member, except as may be permitted or required by law. 

HOW TO STOP OR “OPT OUT” OF CERTAIN DISCLOSURES

                If a member  prefers that we do not disclose nonpublic personal information about them to nonaffiliated third parties, they may opt out of these disclosures, that is, they may direct the credit union not to make those disclosures (other than disclosures permitted by law).  To opt out of disclosures to nonaffiliated third parties, a member may do so by one of the following: 

¨       Call the Credit Union Office at 214-887-8000

OR

¨       Mail a request to the credit union office.