Privacy Notice

Facts What does Member Options, LLC 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 income
  • Employment information and assets
  • Mortgage rates and payments and wire transfer instructions

When you are no longer our customer, 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 Member Options, LLC chooses to share; and whether you can limit this sharing.

 

Reasons we can share your personal information Does Member Options, LLC 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 No We don't share

For our affiliates’ everyday business purposes

information about your transactions and experiences

Yes No

For our affiliates’ everyday business purposes

information about your creditworthiness

No We don't share
For non-affiliates to market to you No We don't share

 

Questions? Call 434-295-5259 or 888-578-4747 or go to www.memberoptions.com

 

What we do

How does Member Options, LLC 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 Member Options, LLC collect my personal information?

We collect your personal information, for example, when you

  • Apply for a loan or pay your bills
  • Give us your contact information or pay us by check
  • Provide your mortgage information

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

  • sharing for affiliates’ everyday business purposes—information about your creditworthiness
  • affiliates from using your information to market to you
  • sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.

 

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • Our affiliates include companies with a common corporate identity of Member Options, LLC; financial companies such as UVA Community Credit Union and Member Options Title Services, LLC
Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

  • Member Options, LLC does not share with nonaffiliates so they can market to you
Joint marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • Member Options, LLC doesn’t jointly market

 UCU141, rev 12/17