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Privacy Policy

You can be confident that your financial privacy is a top priority at LOC Federeal Credit Union. As a general rule, LOC Federal does not disclose non-public personal information about you to third parties. However, since we are committed to providing you with competitive products and services that meet your financial needs, there are times when sharing of information about you with our affiliated third party financial service providers is necessary. These affiliates would include data processing providers, and at your request, our credit union financial planning service, LOC Financials Services, LLC.

What Information Do We Collect And Disclose About You?

We collect non-public personal information about you, as permitted by law, from the following sources:

Information we receive from you on membership and loan applications and other forms;
Information about your transactions with us, our affiliates, or others;
Information we receive from a consumer reporting agency;
Information obtained when verifying the information you provide on an application or other forms, such as from your current or past employers or from other institutions where you conduct financial transactions.

We may disclose any information collected, as necessary or as required by law.

If you cancel your membership with LOC Federal Credit Union, we will not share information we have collected about you, except as permitted or required by law.

How Do We Protect Your Information?

We restrict access to non-public personal information about you to only those employees who have a specific business purpose in utilitzing your 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 protect your non-public personal information.