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Lake Michigan Credit Union — Privacy Policy

Old 2026-06-10 20:13 UTC

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New 2026-09-11 08:29 UTC

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	Snapshot 2026-06-10 20:13 UTC			Snapshot 2026-09-11 08:29 UTC
n	1	# Privacy Notice	n	1	Privacy Policy
	2			2
n	3	_Rev. 10/2023_	n	3	# Privacy Policy
	4			4
n	5	Print Privacy Notice PDF	n	5	LMCU is committed to protecting your personal information. This notice explains
				>	what information we collect, how it may be shared, and the choices available to
				>	you. (Last revised 10/2023)
	6	---
	7			6
n	8	## Facts: What does Lake Michigan Credit Union do with your personal information	n	7	Print Privacy Notice
	>	?
	9			8
n	10	#### Why?	n	9	## What does LMCU do with your information?
				10
				11	Your security it important to you...and to us. Here's everything you need to kno
				>	w about how we collect information and how it may be used.
				12
				13	Why we share information
	11			14
	12	Financial companies choose how they share your personal information. Federal law		15	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 r		>	gives consumers the right to limit some but not all sharing. Federal law also r
	>	equires us to tell you how we collect, share, and protect your personal informat		>	equires us to tell you how we collect, share, and protect your personal informat
	>	ion. Please read this notice carefully to understand what we do.		>	ion. Please read this notice carefully to understand what we do.
	13			16
n	14	#### What?	n	17	Information we collect
	15			18
	16	The types of personal information we collect and share depend on the product or		19	The types of personal information we collect and share depend on the product or
	>	service you have with us. This information can include:		>	service you have with us. This information can include:
	17			20
	19	- Account Balances and Payment History		22	- Account Balances and Payment History
	20	- Credit History and Credit Scores		23	- Credit History and Credit Scores
	21			24
n	22	#### How?	n	25	How does LMCU collect my personal information?
	23
	24	All financial companies need to share members’ personal information to run their
	>	everyday business. In the section below, we list the reasons financial companie
	>	s can share their members’ personal information; the reasons Lake Michigan Credi
	>	t Union chooses to share; and whether you can limit this sharing.
	25
	26	Reasons we can share personal information
	27
	28	Does LMCU share?
	29
	30	Can you limit this sharing?
	31
	32	For our everyday business purposes– such as to process your transactions, ma
	>	intain your account(s), respond to court orders and legal investigations, or rep
	>	ort to credit bureaus
	33
	34	Yes
	35
	36	No
	37
	38	For our marketing purposes– to offer our products and services to you
	39
	40	Yes
	41
	42	Yes
	43
	44	For joint marketing with other financial companies
	45
	46	Yes
	47
	48	Yes
	49
	50	For our affiliates' everyday business purposes- information about your trans
	>	actions and experiences
	51
	52	Yes
	53
	54	Yes
	55
	56	For our affiliates' everyday business purposes– information about your credi
	>	tworthiness
	57
	58	No
	59
	60	We don't share
	61
	62	For our affiliates to market to you
	63
	64	Yes
	65
	66	Yes
	67
	68	For nonaffiliates to market to you
	69
	70	No
	71
	72	We don't share
	73
	74	#### To limit our sharing
	75
	76	- Call (616) 242-9790 - our menu will prompt you through your choice(s) or
	77	- Through our website:
	78	Secure Contact Form
	79
	80	Please note:
	81
	82	If you are a _new_ customer, we can begin sharing your information 30 days from
	>	the date we sent this notice. When you are no longer our customer, we continue t
	>	o share your information as described in this notice. However, you can contact u
	>	s at any time to limit our sharing.
	83
	84	### Questions?
	85
	86	Call (616) 242-9790 or use our Secure Contact Form
	87
	88	---
	89
	90	## Privacy Notice:
	91
	92	### Who we are
	93
	94	#### Who is providing this notice?
	95
	96	Lake Michigan Credit Union (LMCU)
	97
	98	### What we do
	99
	100	#### How does Lake Michigan Credit Union protect my personal information?
	101
	102	To protect your personal information from unauthorized access and use, we use se
	>	curity measures that comply with federal law. These measures include computer sa
	>	feguards and secured files
	103	and buildings.
	104
	105	#### How does Lake Michigan Credit Union collect my personal information?
	106			26
	107	We collect your personal information, for example, when you:		27	We collect your personal information, for example, when you:
	108			28
	112			32
	113	We also collect your personal information from others such as credit bureaus, af		33	We also collect your personal information from others such as credit bureaus, af
	>	filiates or other companies.		>	filiates or other companies.
	114			34
n			n	35	Your Privacy Choices
				36
				37	All financial companies need to share members’ personal information to run their
				>	everyday business. In the table below, we list the reasons financial companies
				>	can share their members’ personal information, the reasons Lake Michigan Credit
				>	Union chooses to share, and whether you can limit this sharing.
				38
				39	Feature
				40
				41	### Does LMCU share?
				42
				43	### Can you limit this sharing?
				44
				45	Feature
				46
				47	For our everyday business purposes– such as to process your transactions, mainta
				>	in your account(s), respond to court orders and legal investigations, or report
				>	to credit bureaus.
				48
				49	Yes
				50
				51	No
				52
				53	For our marketing purposes– to offer our products and services to you.
				54
				55	Yes
				56
				57	Yes
				58
				59	For joint marketing with other financial companies.
				60
				61	Yes
				62
				63	Yes
				64
				65	For our affiliates' everyday business purposes- information about your transacti
				>	ons and experiences.
				66
				67	Yes
				68
				69	Yes
				70
				71	For our affiliates' everyday business purposes– information about your creditwor
				>	thiness.
				72
				73	No
				74
				75	We don't share.
				76
				77	For our affiliates to market to you.
				78
				79	Yes
				80
				81	Yes
				82
				83	For nonaffiliates to market to you.
				84
				85	No
				86
				87	We don't share.
				88
				89	###### Definition of Terms Used
				90
				91	Affiliates — companies related by common ownership or control. They can be finan
				>	cial and nonfinancial companies. For example, Lake Michigan Financial Group (inc
				>	luding Lake Michigan Insurance Agency).
				92
				93	Nonaffiliates — companies not related by common ownership or control. They can b
				>	e financial and nonfinancial companies. LMCU _does not_ share with nonaffili
				>	ates so they can market to you.
				94
				95	Joint Marketing — a formal agreement between nonaffiliated financial companies t
				>	hat together market financial products or services to you. Our joint marketing p
				>	artners include insurance and student loan companies.
				96
				97	## Privacy Policy FAQs
				98
				99	## How can I manage my privacy preferences?
				100
				101	To limit our sharing, contact (800) 242-9790 or stop by your local branch to spe
				>	ak with someone.
				102
				103	Please note:
				104
				105	If you are a new member, we can begin sharing your information 30 days from the
				>	date we sent this notice. When you are no longer our customer, we continue to sh
				>	are your information as described in this notice. However, you can contact us at
				>	any time to limit our sharing.
				106
	115	#### Why can't I limit all sharing?		107	## Why can't I limit all sharing?
	116			108
	117	Federal law gives you the right to limit only:		109	Federal law gives you the right to limit only:
	118			110
n	119	- sharing for affiliates’ everyday business purposes - information	n	111	- sharing for affiliates’ everyday business purposes - information about your cr
				>	editworthiness
	120	about your creditworthiness
	121	- affiliates from using your information to market to you		112	- affiliates from using your information to market to you
	122	- sharing for nonaffiliates to market to you		113	- sharing for nonaffiliates to market to you
	123			114
n	124	State laws and individual companies may give you additional rights to	n	115	State laws and individual companies may give you additional rights to limit shar
				>	ing.
	125	limit sharing.
	126			116
n	127	#### What happens when I limit sharing for an account I hold jointly with someon	n	117	## What happens when I limit sharing for an account I hold jointly with someone
	>	e else?		>	else?
	128			118
	129	Your choice will apply to everyone on your account.		119	Your choice will apply to everyone on your account.
	130			120
n	131	### Definitions:	n	121	## How does LMCU protect my information?
	132			122
n	133	#### Affiliates	n	123	To protect your personal information from unauthorized access and use, we use se
				>	curity measures that comply with federal law. These measures include computer sa
				>	feguards and secured files and buildings.
	134			124
n	135	Companies related by common ownership or control. They can be	n	125	## How can I protect my information?
	136	financial and nonfinancial companies.
	137			126
t	138	- Lake Michigan Financial Group (including Lake Michigan	t	127	Use caution to avoid revealing account numbers, card numbers, passwords, and oth
				>	er information to other people. Learn more at our Security Center .
	139	Insurance Agency)
	140
	141	#### Nonaffiliates
	142
	143	Companies not related by common ownership or control. They can be financial and
	>	nonfinancial companies.
	144
	145	- Lake Michigan Credit Union does not share with nonaffiliates so they can marke
	>	t to you.
	146
	147	#### Joint Marketing
	148
	149	A formal agreement between nonaffiliated financial companies that together marke
	>	t financial products or services to you.
	150
	151	- Our joint marketing partners include insurance and student loan companies
	152
	153	### Other important information:
	154
	155	What members can do to help: Protect your account numbers, card numbers, and pas
	>	swords. Use caution in revealing account numbers, social security numbers, etc.,
	>	to other persons.
	156
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