|
Privacy Policy
Our Commitment to Privacy
A tradition of respect for rights
Credit Unions in Canada have a long history of respecting rights of
their owners. As a co-operative financial institution, your credit union
is committed to the development of policies, procedures and service
offerings that maintain these rights.
The Board of Directors of London Civic Employees' has adopted;
the Credit Union Code for the Protection of Personal Information,
related Policies and Procedures, and appointed a Privacy Officer.
You are entitled to review the Code at any time, access your
personal information, or contact the Privacy Officer about a privacy
issue or concern.
Your personal information
London Civic Employees' holds personal information about members to help us meet and maintain the highest standards of financial service. This information can include your; name, address, age, income, use of accounts and credit history, as well as the relationships of others linked to you in account services.
Understanding your financial needs is the first step in providing our members with effective service. In order to understand your financial needs, we sometimes request information from you other than your name and address.
For example, if you invest in an account that pays interest, we will need to ask for your Social Insurance Number for tax purposes. If you wish to borrow money from us, we will need to know about your financial status and credit history.
We will not divulge or sell this information to any unaffiliated organization.
How our Privacy Code protects your Personal Information
We only collect what we absolutely need
With your consent, we only collect personal information from you
for the following purposes:
- To understand your needs and to develop, offer and manage
products and services that meet those needs;
- To determine the suitability and your eligibility for member
products and services;
- To evaluate your credit standing and to share or exchange
reports and information with credit reporting agencies;
- To detect and prevent fraud, and to help safeguard the
financial interests of the credit union and its members;
- To meet legal and regulatory requirements.
How can you provide your consent?
You can provide us with your consent in a variety of ways -- in writing, electronically, or in some cases, verbally. Preferably, we will obtain
your consent when you become a credit union member or when you
apply for a new credit union service offering. Alternatively, you may
pick up and complete a Member Privacy brochure at our office.
London Civic Employees' provides services in conjunction with
financial service partners within the Co-operative Financial services
Group of companies. These companies include: Credit Union
Members Insurance Society (CUMIS), Credit Union Insurance Services (CUIS),Credential Group,
Co-Operative Trust Company of Canada, The Co-Operators
Insurance, Ethical Funds Inc, CU Electronic Transaction Services
or similar organizations that espouse credit union goals and
values and provide useful and valuable member information.
Got a Question? Ask our Privacy Officer
Our credit union Privacy Officer is your point of contact if you wish
to raise any matters regarding the use of your personal information.
The Privacy Officer is responsible for monitoring information
collection and data security, and ensures that other staff receives
appropriate training on privacy issues and their responsibilities
under the Code. The Privacy Officer also handles personal
information access requests under the Code.
You may contact our Privacy Officer by e-mail or in writing at the
following address:
Nancy Glendenning, Privacy Officer
London Civic Employee's Credit Union
343 Dundas Street
London , ON N6B 1V5
e-mail nancy.glendenning@lcecu.com
|