Sioux Falls Federal Credit Union, your member owned financial institution, is committed to providing you with competitive products and services to meet your financial needs and help you reach your goals. We are equally committed to protecting your privacy. Shown below is an explanation of our privacy policy. It describes our credit union’s practices concerning the personal information we collect and disclose about our members. It also includes information about the parties who receive personal information from us as we conduct the business of the credit union. If after reading this notice you have questions, please contact us at: (605) 334-2471 or write to:
Sioux Falls Federal Credit Union
PO Box 5735
Sioux Falls, SD 57117-5735
Information we collect about you
We collect nonpublic personal information about you from the following sources:
*Information we receive from you on applications and other forms;
*Information about your transactions with us;
*Information we receive from a consumer reporting agency;
*Information obtained when verifying the information you provide
on an application or other forms. This may be obtained
from your current or past employers, or from other institutions
where you conduct financial transactions.
*Information we obtain online when you visit our web site. This
includes retaining information you provide us on any online
applications, home banking or bill pay transactions, or any
information you send us by e-mail.
In order to provide financial services to you, we share certain information about you with third party providers. However, we only share information to the extent necessary to service your account or offer new services to you.
Parties Who Receive Information From Us
We may disclose nonpublic personal information about you to the following types of third parties:
*Financial service providers, such as insurance companies, mortgage
service companies, and securities broker-dealers.
*Non-financial companies, such as consumer reporting agencies,
data processors, check printers, financial statement publishers,
plastic card processors and government agencies.
Disclosure of Information to Parties That Provide Services to Us
In order for us to conduct the business of the credit union, we may disclose all of the information we collect, as described above, to companies that perform marketing or other services on our behalf or to other financial institutions with which we have joint marketing agreements so that we may provide members competitive products and services. We may also disclose nonpublic personal information about you under circumstances as permitted or required by law. These disclosures typically include information to process transactions on your behalf, conduct the operations of our credit union, follow your instructions as you authorize, or protect the security of our financial records.
To protect our members’ privacy, we only work with companies that agree to maintain strong confidentiality protections and limit the use of information we provide. We do not permit these companies to sell the information we provide to other third parties.
Disclosure of Information About Former Members
If you terminate your membership with the credit union, we will not share information we have collected about you, except as permitted or required by law.
How we protect your information
We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, or procedural safeguards that comply with federal regulations to guard your nonpublic personal information.
Online Privacy Protections
At our web site, you may apply for accounts and services and you may access your accounts. To protect the information you provide us online, we use multiple levels of security. For further details, please click on the Security link. Our account access program uses cookies to track user information in case of a security breach, and to make the program faster for users. We track IP addresses and Session IDs, We do not collect personal information such as account numbers, balances or transactions.
Links
This web site contains links to other sites. Please be aware that Sioux Falls Federal Credit Union is not responsible for the privacy practices of such other sites. We encourage users to be aware when they leave our site and to read the privacy statements of each web site that collects personally identifiable information.
Protecting Children’s Information Privacy
Our web site is not designed for or directed toward children. We do not knowingly solicit or collect data from children and we do not knowingly market to children online without express parental consent or notification. If you believe your child has provided personally identifiable information to us, please contact us so we can allow you the opportunity to review and delete such information.
Important information about procedures for opening a new account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may ask to see your driver's license or other identifying documents.
