Woodco Privacy Statement

Woodco Federal Credit Union is committed to protecting our memberís privacy. In keeping with federal guidelines, notices will have been sent out to every member by July 1, 2001. All new members will also receive this privacy notice. A yearly notice will be printed in the Newsletters.

We collect nonpublic personal information about our members from the following sources:

- Information we received on applications and other forms;
- Information about your transactions with us or others;
- Information we receive from a consumer reporting agency;
- Information obtained when verifying the information provided on an application or other forms. This may be obtained from current or past employers, or from other institutions where the member conducts financial transactions.

We may disclose all the information we collect, as described previously, to companies that perform marketing services on our behalf or to other financial institutions with which we have joint marketing agreements. To protect the membersí 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 the member information we provide to other third parties.

In order to conduct the business of the credit union, we may also disclose nonpublic personal information about the member under other circumstances as permitted or required by law. These disclosures typically include information to process transactions on the membersí behalf, conduct the operations of the credit union, follow instructions as the members authorize, or protect the security of our financial records.

If a member terminates their membership with Woodco Federal Credit Union, we will not share information we have collected except as permitted or required by law.

We restrict access to nonpublic personal information about the member to those employees who have specific business purpose in utilizing particular data. Our employees are trained in the importance of maintaining confidentiality and member privacy. We maintain physical, electronic, and procedural safeguards that comply with federal regulations and leading industry practices to safeguard nonpublic personal information.

NCUA