Legal

Privacy Policy

Download Beacon Privacy Policy
Business professionals reviewing financial charts and data on documents at a table with a laptop and tablet during a collaborative meeting.

What Does Beacon 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 income
  • Account balances and payment history
  • Credit history and credit scores

When You are no longer Our member, 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 Beacon 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 the Credit Union share?: Yes
  • Can you limit this sharing?: No

For Our marketing purposes

To offer Our products and services to You

  • Does the Credit Union share?: Yes
  • Can you limit this sharing?: No

For joint marketing with other financial companies

  • Does the Credit Union share?: Yes
  • Can you limit this sharing?: No

For Our affiliates' everyday business purposes

Information about Your transactions and experiences

  • Does the Credit Union share?: No
  • Can you limit this sharing?: We Don't Share

For Our affiliates' everyday business purposes​

Information about Your creditworthiness

  • Does the Credit Union share?: No
  • Can you limit this sharing?: We Don't Share

For non-affiliates to market to You

  • Does the Credit Union share?: No
  • Can you limit this sharing?: We Don't Share

Questions?

For any questions, please contact us.

What We Do

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. We also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access is appropriate.

We collect Your personal information, for example, when You

  • Open an Account or give Us Your contact information
  • Make deposits or withdrawals from Your Account
  • Apply for a loan or use Your debit or credit card

We also collect Your personal information from others, such as credit bureaus, affiliates, or other companies.

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 non-affiliates to market to You

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

Definitions

Companies related by common ownership or control. They can be financial and non-financial companies.
  • Beacon Credit Union has no affiliates.
Companies not related by common ownership or control. They can be financial and non-financial companies.
  • Beacon Credit Union does not share with non-affiliates so they can market to You.
A formal agreement between non-affiliated financial companies that together market financial products or services to You.
  • Our joint marketing partners include insurance companies and credit card companies.