Option 1 Credit Union is committed to respecting the individual privacy of our members financial information. In accordance with federal regulations, we are providing you with this information to tell you how we may use the information we collect or disclose about you or your account.

Our goal is to provide you with the best financial products and services available. By partnering with vendors who agree not to disclose your non-public personal information, we strive to offer products that meet the financial needs of our members. It is our commitment to protect your privacy in all situations.

We collect non-public personal information about you from the following sources:

• Information we receive from you, such as information on membership and loan applications or other forms, which may include your name, address, social security number and income.
• Information about your transactions with us, or others, such as your account balance and payment history.
• Information we receive from consumer reporting agencies.
• Information we obtain when verifying the information you provide on an application or other form, such as employment and other financial transactions.

We may disclose the following kinds of non-public personal information about you:

We may disclose all the information we collect, as described previously and as permitted by law, to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements with. We may also disclose nonpublic personal information about you to nonaffiliated third parties as permitted by law. These types of disclosures may include information to process your transactions, protect the security of the credit union's financial records or conduct normal credit union operations.

Closed accounts

We will not share information we have collected about you when your membership with us is terminated, except as permitted or required by law.

Security & Confidentiality

We maintain physical, electronic and procedural safe guards that comply with federal regulations to guard your non-public personal information. Option 1 maintains strong security controls to ensure that the non-public personal information in our computers and files are protected. Access to non-public personal information about you is restricted to designated personnel who need to know that information, to provide you various products and services.

To protect your privacy, we work only with companies that agree to maintain strict confidentiality protections and limit the use of information we provide. We do not allow these companies to sell the information to other third parties.