What Does Belen Railway Employees 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 products and/or services you have with us. This information can include:

• Social Security number and account balances
• Payment history and transaction or loss history
• Overdraft history and checking account information

When you are no longer our customer, we continue to share your information as described in this notice.

 

How?
All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information, the reasons Belen Railway Employees Credit Union chooses to share; and whether you can limit this sharing.

 

Reasons we can share your personal information

 

For our everyday business purposes — such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus.

Does BRECU share? Yes

Can you limit this sharing? No

 

For our marketing purposes — to offer our products and services to you For joint marketing with other financial companies.

Does BRECU share? Yes

Can you limit this sharing? No

 

For joint marketing with other financial companies

Does BRECU share? Yes

Can you limit this sharing? No

 

For our affiliates’ everyday business purposes — information about your transactions and experiences.

Does BRECU share? No

Can you limit this sharing? We don’t share

 

For our affiliates’ everyday business purposes — information about your creditworthiness.

Does BRECU share? No

Can you limit this sharing? We don’t share

 

For nonaffiliates to market to you

Does BRECU share? No

Can you limit this sharing? We don’t share

 

Who is providing this notice? Belen Railway Employees Credit Union.

 

How does Belen Railway Employees Credit Union collect my personal information?
We collect your personal information, for example, when you:
• Open an account or deposit money
• Pay your bills or apply for a loan
• Use your credit or debit card

 

We also collect your personal information from others, such as credit bureaus, affiliates, or others.

Why can’t I limit sharing?
Federal law gives you the right to limit only:
• Sharing for affiliates’ everyday business purposes – information about your credit worthiness
• Affiliates from using your information to market to you
• Sharing for non-affiliates to you

 

State laws and individual companies may give you additional rights to limit sharing.

 

Definitions
Affiliates – Companies related by common ownership or control. They can be financial and non-financial companies. Belen Railway Employees Credit Union has no affiliates.

Non-Affiliates – Companies not related by common ownership or control. They can be financial and non-financial companies. Belen Railway Employees Credit Union does not share with non-affiliates so they can market to you.

Joint Marketing – A formal agreement between non-affiliate financial companies that together market financial products or services to you. Our joint marketing partners include categories of companies, such as:
• Financial service providers
• Insurance companies

 

Questions?
Call 505-864-4740 or write to us at: 222 N. 4th St. Belen, NM 87002