1st Priority Federal Credit Union is committed to providing our members with financial products and services which meet their needs and goals. We understand the importance of protecting the confidentiality of our members’ personal and financial information. Therefore, we adhere to a strict policy regarding the protection of this information. This policy, explained below, details how we use information from and regarding you, our member; how we maintain your private information; and when information can or must be shared by our Credit Union.

Our Credit Union will collect only the personal information that is necessary to conduct any current and future business. That means only the information necessary to provide competitive financial products and services, no more. The sources of this information include, but are not limited to:

• Information we receive from you on applications or other forms;
  
• Information about your transactions with us or others;
• Information we receive from a consumer reporting agency; and/or
• Information obtained from verifying the information you provide on an application or other forms, such as from your current or past employers or from other institutions where you conduct financial transactions.

Our Credit Union will protect your personal information. We will restrict access to your personal and account information to those employees who need to know that information to provide products and services to you. We will maintain strong security controls to ensure that all member information in our files and our 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.

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. We will not share or sell member information to third parties for the third parties independent use. Any member of our Credit Union may elect to keep information from being shared with our business partners. We will take all reasonable steps to make sure your requests are followed. We may disclose all of the information we collect as described above to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements.

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. If you decide to terminate your membership or become an inactive member, we will adhere to the privacy policies and practices as described in this notice.