Revised January 2020

Facts What does Michigan First 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 account balances
  • Payment history and transaction or loss history
  • Account transactions and credit card or other debt
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 Michigan First Credit Union chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information Does Michigan First share? Can you limit this sharing?
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 Yes No
For our marketing purposes – to offer our products and services to you Yes No
For joint marketing with other financial companies Yes No
For our affiliates’ everyday business purposes – information about your transactions and experiences Yes No
For our affiliates’ everyday business purposes – information about your credit worthiness Yes Yes
For our affiliates to market to you Yes Yes
For non-affiliates to market to you No We don’t share
To limit our sharing

Please note: If you are a new member, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our member, we continue to share your information as described in this notice.

However, you can contact us at any time to limit our sharing.
Questions? Call 800.664.3828 or contact us. You can also opt-out of data sharing and marketing here.
What we do
How does Michigan First Credit Union collect my personal information? We collect your personal information, for example, when you:

  • Open an account or apply for a loan
  • Use your credit or debit card
  • Give us your employment history
  • Give us your contact information

We also collect your personal information from others, such as credit bureaus, affiliates, or other companies
Why can’t I limit sharing? 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

When you are no longer a member, we continue to share your information as described in this notice.
Definitions
Affiliates Companies related by common ownership or control. They can be financial and non-financial companies.

  • Our affiliates include companies with the Michigan First name.
Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies.

  • Michigan First Credit Union does not share with non-affiliates so they can market to you.
Joint marketing A formal agreement between non-affiliated financial companies that together market financial products or services to you.

  • Our joint marketing partners may include insurance companies, securities brokers, and membership rewards providers.