Royal Credit Union (RCU) is owned by its Members and run by a board of directors you elect. You can be confident that your financial privacy is a top priority of this credit union. We are required by law to give you this privacy notice to explain how we collect, use and safeguard your personal financial information.

We are committed to providing you with competitive products and services to meet your financial needs, which necessitates that we share information about you with our affiliated third party financial service providers, which provide investment, insurance, and auto leasing services. We may also disclose information about you under other circumstances as permitted or required by law. These disclosures typically include information to follow your instructions as you authorize, to conduct the operations of the credit union, or to protect the security of our financial records.

We have entered into agreements with other companies that provide either services to us or additional financial products for you to consider. Under these arrangements, we may disclose all of the information we collected, as described below, to companies that perform marketing or other services on behalf of other financial institutions with whom we have joint marketing agreements.

To protect our member’s 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 to other third parties the information we provide.

Information We Collect and Disclose About You

We collect the following nonpublic personal information about you from a variety of sources:

We obtain information from membership and other applications such as name, address, social security number, and income.

We obtain information from your transactions with us and our affiliates such as account balances, payment history, transactions, and credit card usage.

We obtain information from consumer reporting agencies such as your credit worthiness and history.

We obtain verification of information you provide on applications and other forms from current or past employers, other financial institutions, and other sources listed on the application.

If you terminate your membership with RCU, we will not share information we have collected about you, except as permitted by law.