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| PRIVACY
AND CONFIDENTIALITY OF MEMBER INFORMATION |
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| Last Revised: December 17, 2002 |
PURPOSE: |
To
protect the interests of those who do business with the credit
union from any unauthorized use of personal information,
which members have made available in the course of conducting
their business with this credit union.
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POLICY STATEMENTS: |
The credit union enforces strict compliance with the confidentiality
requirements of its standards of professional conduct policy.
In addition, the credit union sibscribes to the Code For The
Protection of Personal Information as adopted by the Board of
Directors on
December 17, 2002, for the privacy protection and confidentiality
of member information. |
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RESPONSIBILITIES AND AUTHORITY: |
| Implementation of, and compliance with, this policy is the
responsibility of the General Manager. The Board will review
this policy at least annually at the meeting at which management
or the Auditor or Inspector reports compliance observations. |
| Nothing in the policy is intended to
prohibit the proper and responsible use of information given
with consent, for the purpose
of enhancing services or delivering services to members. This
policy does not diminish the credit union’s need to make
fully informed decisions about services it provides or persons
to whom services may be provided. This policy does not authorize
the taking of any business risks without all information needed
to support prudent decisions. |
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MONITORING AND REPORTING: |
| The General Manager or Privacy Officer will report at least
annually to the Board of Directors on compliance with this policy. |
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