The Michigan Tech Employees Federal Credit Union privacy disclosure applies to all members who have the following accounts: deposit, loan, credit card, IRA (where we act as custodian or trustee), and home mortgages.

We will inform members the sources for nonpublic personal information we collect on them. We will inform them what measures we take to secure that information.

We will also inform members what information we share with other entities. We will explain what their rights are, and how they can exercise them. If they share their account relationship with someone else, for example, where they are a joint holder of a share or share draft account, we suggest that they share this information so that all parties are aware of our policy and their options.

We first need to define some terms:

• We, our, and us means the Michigan Tech Employees Federal Credit Union.
• Nonpublic personal information means information about members that we collect in connection with providing a financial product or service to them.
• Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records.
• An affiliate is a company we own or control.
• A nonaffiliated third party is a company that is not an affiliate of ours.
• Opt out means a choice members make to prevent certain sharing of information. We will explain how they can exercise this choice.

The Information that We Collect

We collect nonpublic personal information about members from the following sources:

• Information we receive from members on applications or other forms
• Information about members’ transactions with us
• Information about their transactions with nonaffiliated third parties
• Information from a consumer reporting agency

The Confidentiality, Security, and Integrity of Members Nonpublic Personal Information
We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to members. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard members’ nonpublic personal information.

Nonpublic Personal Information and Nonaffiliated Third Parties
We may disclose nonpublic personal information to nonaffiliated third parties. Here are the kinds of nonpublic personal information we disclose to nonaffiliated third parties:

Nonpublic personal information we receive from members on an application or other forms such as:

• Name
• Address

Members may opt out of the disclosure of the information listed above.

Types of Nonaffiliated Third Parties
We may also disclose nonpublic personal information about you to nonaffiliated third parties:

• Financial service providers, such as insurance agents

We may disclose nonpublic personal information about you to the following types of nonaffiliated third parties permitted by law.

Reasons for Disclosing
Here is why we may disclose nonpublic personal information about members to nonaffiliated third parties:

• To provide our members with information about additional products and services

Limitations on Disclosure
Here are the limitations we impose on the use of nonpublic personal information disclosed to nonaffiliated third parties:

• We only allow direct mail solicitations
• We do not accept telephone solicitations

Future Nonaffiliated Third Party Disclosure
We also reserve the right to disclose nonpublic personal information about members in the future with the following types of nonaffiliated third parties:

• Financial service providers, such as
• Mortgage bankers
• Securities broker-dealers

NONPUBLIC PERSONAL INFORMATION AND FORMER MEMBERS
We do not disclose nonpublic personal information about former members.

MEMBERS RIGHT TO BLOCK THE DISCLOSURE OF THEIR NONPUBLIC PERSONAL INFORMATION
Nonaffiliated Third Parties. If members do not want us to share their nonpublic personal information with nonaffiliated third parties, they can block the release of certain nonpublic personal information. This is known as the members right to “opt out.”

A member’s decision to block the disclosure of their nonpublic personal information will apply to all products and services they receive from us.

If members wish to opt out of disclosures, they may do so by using any of the following methods:

• Check the appropriate box (es) on the “Privacy Disclosure” and return to the Credit Union.
• Complete and return the Privacy Disclosure Click here .