Privacy Policy

A Note About Privacy To Our Members

Our credit union is committed to making available financial products and services that will enable you to meet your financial needs and reach your financial goals. Protecting personal information and using it in a manner consistent with your expectations is a high priority for everyone associated with our credit union. As a member of our credit union, you also have a responsibility to safeguard your financial information. To ensure that you can rely upon the quality of products and services we make available, our credit union stands behind the following privacy policy:

• Our credit union will collect only the personal information that is necessary to conduct our business. That means just what is necessary to provide competitive financial products and services - no more.
• Our credit union will protect your personal information. Our credit union will maintain strong security controls to ensure that member information in our files and computers is protected. Where appropriate, we will use security coding techniques to protect against unauthorized access to personal records, ensure accuracy and integrity of communications and transactions, and protect member confidentiality.
• You will always have access to your information. As a member of our credit union, you will always have the opportunity to review your information and make necessary changes to ensure that our records are complete and accurate.
• Our credit union will only share information when absolutely necessary. We will only share information to administer the products and services we provide, when required to do so by the government, or when we partner with other businesses to offer a broader array of products and services.
• Our credit union will partner only with businesses that follow strict confidentiality requirements. The businesses we select will offer products designed to enhance our members' economic well-being. Under no circumstances will we authorize these firms to charge your account without your express consent, and we will not sell member information to telemarketing firms.
• Our credit union will offer you a choice in how your information is used. Any member of our credit union may elect to keep their information from being shared with our business partners. We will inform you on how to exercise your choice, and we will take all reasonable steps to make sure your requests are followed. At least once a year, we will remind all members of your right to choose.

REG D

We are required by Federal law to inform you about Federal Regulation D. Here are some frequently asked questions and answers about Regulation D:
Q. What is Regulation D?
A. Federal Regulation D places a monthly limit on the number of transfers you may make from your Share (Savings) Account or Premier Money Market Account without your physical presence being required. Transfers affected by this regulation include:

• Transfers made using the Internet (CU OnLine)
• Transfers made using the telephone (MoneyLine)
• Overdraft transfers (made automatically to cover insufficient funds in other accounts; see below)
• Transfers made by a Member Service Representative on your behalf over the telephone
• Pre-authorized, automatic, scheduled, or recurring transfers (see below)

You are allowed six (6) such transfers per month, per account, but only three (3) of those may be made by check (a check counts against the month is which it clears, not when it was written).
Q. What transactions are not affected by Regulation D?
A. The following are not affected;

• ATM transactions
• Transfers made to an MCCU loan
• Transactions done in person at our office
• Transactions sent in by mail or put in the night drop with an original signature

Q. What are my options once an account has reached its Regulation D limit?
A. You may complete withdraws and transfers in person, by mail, or at an ATM.
Q. If an account used for Overdraft Protection has reached its Regulation D limit, will overdraft requests be honored?
A. No, if the Overdraft Protection account is a Share (Savings) Account or a Premier Money Market Account. In that case, you will receive a notice by mail and incur an "Insufficient Funds" charge for every overdraft attempted beyond your monthly limit.
Q. I have authorized a merchant to automatically withdraw payments from my Share (Savings) Account or Premier Money Market Account; do these count against my monthly limit?
A. Yes. These payments (which you might know as "ACH" or "EFT" transactions) follow Regulation D limitations. Any withdrawals attempted beyond your monthly limit will not be honored and you will receive a notice by mail and incur an "Insufficient Funds" charge. To avoid this situation, make automatic payments using something other than a Share (Savings) Account or Premier Money Market Account. You may wish to use your Share Draft (Checking) Account. You will need to contact the merchant to arrange this change. Please be aware that your request could take more than a month to go into effect.