I was overall pleased with my experience. Jessica, our Money Management Officer, was easy going and very professional. She understood my circumstance, had compassion and a genuine, caring, pleasant persona for my situation.
SFCU Member
Privacy Policy
What does Somerset Federal 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:
When you are no longer our member, we continue to share your information as described in this notice.
How?
All financial companies need to share members’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their members’ personal information; the reasons Somerset Federal Credit Union chooses to share; and whether you can limit this sharing.
Reasons We Can Share Your Personal Information
| Reason | Does SFCU share? | Can we limit this sharing? |
|---|---|---|
| For 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 Marketing Purposes (To offer our products and services to you.) |
Yes | No |
| For Joint Marketing with Other Financial Companies | No | |
| For Our Affiliates’ Everyday Business Purposes (Information about your transactions and experiences.) |
No | |
| For Our Affiliates’ Everyday Business Purposes (Information about your creditworthiness.) |
No | |
| For Nonaffiliates to Market to You | No |
Questions?
What We Do
How does Somerset Federal Credit Union protect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
How does Somerset Federal Credit Union collect my personal information?
We collect your personal information, for example, when you:
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only:
State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
Somerset Federal Credit Union has no affiliates.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
Somerset Federal Credit Union does not share with nonaffiliates.
Joint Marketing
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
Somerset Federal Credit Union does not jointly market.
Other Important Information
For Massachusetts Members. We will not share personal information from deposit or share relationship with nonaffiliates either for them to market to you or for joint marketing – without your authorization.
This was the first time I had purchased a vehicle without going through a dealer for financing. When I went to the Credit Union I was seen immediately by the Loan Department. The Loan Officer was very knowledgeable. I was given a list of documents to gather and was promptly taken care of when I returned with them. My wife will be contacting your office about refinancing her student loans.
SFCU Member
Our Loan Officer, Arlene, was so nice to work with. Her knowledge of the loan process and her ability to listen for what we wanted in a mortgage made the transition go smoothly. A very nice experience.
SFCU Member
Our friend mentioned how great SFCU was to work with. The staff makes you feel welcome. Working with the mortgage team was great and very helpful.
SFCU Member