Otero Federal Credit Union (OFCU) is owned by its members and is run by a volunteer 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 collect the following nonpublic personal information about you from a variety of sources:
Otero Federal Credit Union may disclose all the information we collect as permitted or required by law. Among other lawfully permitted disclosures, the law permits us to disclose the above-described nonpublic personal information to companies that perform marketing services on our behalf and/or to other financial service providers with whom we have joint marketing agreements. The law also permits us to disclose the above-described nonpublic personal information to credit reporting services and bureaus. Other disclosures permitted by law typically include the disclosure of information to process transactions on your behalf, disclosures to conduct the operations of our credit union, disclosures required to follow your instructions as you authorize, and disclosures to protect the security of our financial records.
If you terminate your membership with Otero Federal Credit Union, we will not share information we have collected about you, except as permitted or required by law.
We restrict access to nonpublic personal information about you to those employees who have a specific business purpose in utilizing 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 safeguard your nonpublic personal information.
Credit union members and the public may receive copies of this notice of privacy practices by contacting the credit union.