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Rev. 7/2021

 
FACTS WHAT DOES ST. CLOUD FINANCIAL CREDIT UNION DO WITH YOUR PERSONAL INFORMATION?
Why? Financial companies choose how they share 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?

The types of personal information we collect and share depends on the product or service you have with us. This information can include:

  • Social Security number and income
  • Account balances and payment history
  • Credit history and credit scores
How? All financial companies need to share member 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 that St. Cloud Financial Credit Union chooses to share, and whether you can limit this sharing.
 
Reasons We Can Share Your Personal Information Does SCFCU share? Can you limit this sharing?
For our everyday business purposes – such as to process your transactions, maintain your accounts, respond to court orders and legal investigations, or report to credit bureaus Yes No
For our marketing purposes – to offer our products and services to you Yes No
For joint marketing with other financial companies Yes No
For our affiliates’ everyday business purposes – information about your transactions and experiences Yes No
For our affiliates’ everyday business purposes – information about your creditworthiness No We don’t share
For our affiliates to market to you No We don’t share
For our non-affiliates to market to you No We don’t share
We may also disclose your nonpublic personal information to nonaffiliated third parties if we have a good faith belief that disclosure of such information is reasonably necessary to: (i) comply with any applicable law, regulation, legal process or governmental request; (ii) enforce our policies, including investigations of potential violations thereof; (iii) investigate, detect, prevent, or take action regarding illegal activities or other wrongdoing, suspected fraud or security issues; or (iv) for the purpose of collaborating with law enforcement agencies and/or in case we find it necessary in order to protect against fraud or other liability.
To Limit Our Sharing
  • Call 320.252.2634 or 1.888.252.2634 – our menu will prompt you through your choice(s) or
  • Visit us online at www.stcloudfcu.coop
Please note: When you are no longer our member, we continue to share information as described in this notice.
Questions?
  • Call 320.252.2634 or 1.888.252.2634 or go to www.stcloudfcu.coop
Who We Are
Who is providing this notice? St. Cloud Financial Credit Union
What We Do
How does St. Cloud Financial 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 and secured files and buildings.
How does St. Cloud Financial Credit Union collect my personal information? We collect your personal information, for example, when you
  • Open an account or deposit money
  • Pay your bills or apply for a loan
  • Use your credit or debit card
We also collect your personal information for others, such as credit bureaus, affiliates, or other companies.
Why can't I limit all sharing? Federal law gives you the right to limit only
  • 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.
Definitions
Affiliates Companies related by common ownership or control. They can be financial or nonfinancial companies. Our affiliates include Servion’s business lending, mortgage, title, investment, and realty services; CoOp’s card processing services; LendKey’s student loan services; and Alloya’s check processing and wire services.
Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. Non-affiliates we share with can include data processors, insurance companies, government agencies, plastic card processors, statement mailers, mortgage service companies, consumer reporting agencies, check printers, collection companies, business banking service providers, and IRA/HSA service providers.
Joint marketing A formal agreement between non-affiliated financial companies that, together, market financial products or services to you. Our joint marketing partners include MasterCard and CUNA Mutual Group’s TruStage.
 
Online Banking
  • Collection of images of checks on our mobile application enable you to deposit funds remotely. The images are used to process deposits and display the image in your transaction history. We do not share these images.
  • Images in our application profile setting are uploaded at the user's discretion for purposes of personalization and only used by the end user.