Privacy Policy
Privacy is fundamental to the American way of life. When you provide personal information in order to process your transaction, you fully expect your data to be used only for its intended purpose and to be kept confidential.
We respect your right to confidentiality and take every possible measure to ensure your personal information remains personal. In short, we work hard to earn your confidence and preserve your trust.
We value your membership and hope you will remain with us for many years to come. If you ever have questions or concerns about the integrity of your account information, or any other aspect of our Membership operations, please don't hesitate to telephone or come in to talk to our staff. This privacy disclosure is being issued to comply with the provisions of the Gramm-Leach-Bliley Act governing the privacy of consumer financial information.
WHAT DOES CORNERSTONE CREDIT UNION DO WITH YOUR PERSONAL INFORMATION?
Why?
|
Financial companies choose how they share your 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 depend on the product or service you have with us. This information can include:
- Social Security number and account balances
- checking account information and credit history
- mortgage rates and payments and payment history
|
How?
|
All financial companies need to share members’ 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 Cornerstone Credit Union chooses to share; and whether you can limit this sharing. |
| Reasons we can share your personal information |
Does Cornerstone Credit Union share? |
Can you limit this sharing? |
For our everyday business purposes –
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or to report to credit bureaus |
Yes |
No |
For our marketing purposes -
to offer our products and services to you |
Yes |
Yes |
| For joint marketing with other financial companies |
Yes |
Yes |
For our affiliates’ everyday business purposes –
information about your transactions and experiences |
No |
We don't share |
For our affiliates’ everyday business purposes –
information about your creditworthiness |
No |
We don't share |
| For our affiliates to market to you |
Yes |
Yes |
| For nonaffiliates to market to you |
No |
We don't share |
To Limit Our Sharing
Call 815-235-5855 – our menu will prompt you through your choice(s) or - Visit us online: www.cornerstonecu.org Please note: If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing. Phone numbers collected by SMS consent will not be shared.
Questions
Call 815-235-5855 or go to www.cornerstonecu.org
What We Do
How does Cornerstone 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 Cornerstone Credit Union collect my personal information?
|
We collect your personal information, for example, when you
- open an account or use your credit or debit card
- apply for financing or show your driver's license
- give us your wage statements
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Phone numbers collected by SMS consent will not be shared. |
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 nonaffiliates to market to you
State law and individual companies may give you additional rights to limit sharing. |
What happens when I limit sharing for an account I hold jointly with someone else?
|
Your choices will apply to everyone on your account. |
Definitions
- Affiliates - Companies related by common ownership or control. They can be financial and nonfinancial companies.
- Our affiliates include companies with a Hearthstone Group, LLC name
- Nonaffiliates - Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Nonaffiliates we share with can include insurance companies, government agencies, plastic card processors (credit/debit/ATM), financial statement publishers or printers, mailhouse, mortgage service companies, consumer reporting agencies, data processors, check/share draft printers, and direct marketing companies
- Joint Marketing - A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Our joint marketing partners include advertising/marketing agencies and CUNA Mutual Group's MEMBERCONNECT