CP Federal Credit Union is committed to protecting the privacy of our members. In general, you can visit us on the World Wide Web without disclosing to us who you are or revealing any information about yourself. There are several areas, however, that will collect certain information about you and we want you to know how we handle that information.

• If you visit our website, CP Federal Credit Union collects and stores information on the domain you use to access our website, the Internet address of the site from which you linked directly to the site, and the date and time of your visit. This information is used to measure the number of visitors to the various pages on our site to better serve our membership.
  
  
• If you send an email, CP Federal Credit Union collects and stores personally-identifying information in order to process your e-mail, form or application. This information is not sold to any third parties. Due to the volume of e-mail activity, these messages are deleted after they are answered or completed.
  
  
• If you visit a secure site, such as home banking, you will be asked for personal identification numbers which will give you access to the member only section of our website. This information enables CP Federal Credit Union to regulate entry to the member only portions of our website and to measure member usage. Any identifying information gathered is not sold to third parties.
  
  
• If you link to another site from any of our pages, you are leaving our site pages, and we cannot be held responsible for any information that may be gathered at a linked site. We make every effort however, to ensure that all linked sites follow similar privacy policies as ours to
  
  
• Offer you maximum security and privacy.

Overdraft Privilege Policy

          It is CP Federal Credit Unions ("we, us, or our") policy to comply with applicable laws, rules and regulations, and to conduct business in accordance with strict safety and soundness standards. A non-sufficient funds (overdraft/negative balance) may result from: A) The payment of checks, electronic funds transfers, or other withdrawal requests you initiate; B) Payments authorized by you; C) The return, unpaid, of items deposited by you; D) Charging your account for our applicable service charges and fees; E) The deposit of items to your account which, according to our Funds Availability Policy, are treated as not yet "available" or "finally paid". We are not obligated to pay any item initiated for payment against your account if your account does not contain sufficient collected funds. Rather than automatically returning, unpaid, all non-sufficient funds items that you may have, if your "eligible account type" has been open for at least thirty (30) days and thereafter you maintain your account in good standing, which includes at least: (A) Continuing to make deposits consistent with your past practices, and depositing at least $400 or more in your account within each thirty (30) day period, (B) You are not in default on any loan obligation to us, (C) We reserve the right to require you to pay your outstanding overdraft (negative) balance, including our fees, immediately or on demand., and (D) Your account is not the subject of any legal or administrative order or levy, such as bankruptcy or a tax lien, we will consider, without obligation on our part, approving your reasonable overdrafts up to your assigned ODP Limit, including our fees.
          This discretionary* service will generally be limited to a $800 overdraft (negative) balance for eligible personal checking account types; or a $1,500 overdraft (negative) balance for eligible business checking account types. Our normal fees and charges including, without limitation, our non-sufficient funds (NSF) or overdraft (OD) fees; currently $25.00 per non-sufficient funds or overdraft item, as set forth in our fee schedule, will be charged for each transaction initiated for payment from your checking account that does not have sufficient collected funds. Typically, we will charge our normal NSF/OD fee whether we approve an overdraft item for payment or return it unpaid.
          Our NSF/OD fees will be included in and count against your assigned ODP Limit of $800 or $1,500. Whether your overdrafts will be paid or not is at our sole discretion and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing as described above, or if you have too many overdrafts. We may refuse to pay an overdraft for you at any time, even though your account is in good standing and even though we may have previously paid overdrafts for you. You will be notified by mail of any non-sufficient funds items paid or returned that you may have; however, we have no obligation to notify you before we pay or return any item. The amount of any overdrafts including our fees that you owe us shall be due and payable immediately. If there is an overdraft paid by us on an account with more than one (1) owner on the signature card, each owner, and agent if applicable, drawing/presenting the item creating the overdraft, shall be jointly and severally liable for such overdrafts including our fees.

• Optional Overdraft Protection Services: We offer additional overdraft protection services that you may apply for. These include Line-of-Credit Overdraft Protection and "Transfer" (from another account of yours with us) Overdraft Protection. If you apply and are approved for these optional services, you may save money on the total fees you pay us for overdraft protection services.
  
  
• Ineligible Accounts and Limitations: Available only for eligible checking accounts that are maintained in good standing as defined above. Savings Type Accounts, Money Market Accounts, Public Fund/Charitable Organization Accounts, Certain Trust Accounts and Minor Accounts (not of legal age) are not eligible for this service. We may, in our sole option and discretion, limit the number of your accounts eligible for ODP to one account per household and/or one account per taxpayer identification number.
  
  
• Eligible Account Types: The account types that are eligible for ODP are: Benefits Plus Checking; Freedom Checking; Golden Power Club; and Business Checking.
  
  
• Transactions That May Cause or Create Overdrafts Using Your ODP Limit: NSF transactions initiated for payment against your checking account may be paid by us using your assigned ODP Limit, including our fees, Our NSF/OD fee may be imposed for paying, or not paying, overdrafts you create by: Checks; In person (teller) withdrawal; ATM withdrawal; or other electronic means.
  
  
• You May Always Opt-Out: You may choose at any time to not participate in ODP by notifying one of our Service Representatives who will explain what this ("Opt Out") means, and the potential consequences, for you.
  
  
• If You Need Help: Of course, overdrafts should not be used to pay ordinary or routine expenses and you should not rely on overdrafts as a means to cover these expenses. If at any time you feel you need help with your financial obligations please contact one of our Service Representatives at (517) 784-7101.
  
  
• ALWAYS A DISCRETIONARY SERVICE: Our ODP Service does not constitute an actual or implied agreement between you and us. Nor does it constitute an actual or implied obligation of or by us. Our ODP Service represents a purely discretionary courtesy or privilege that we may provide to you from time to time and which may be withdrawn or withheld by us at any time without prior notice or reason or cause.

CP Federal Credit Union Privacy Policy

CP Federal Credit Union is owned by its members and run by a 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. If you have any questions, please contact our Compliance Officer at (517) 784-7101.

We are committed:

To providing you with competitive products and services to meet your financial needs, which necessitates that we share information about you to complete your transactions and to provide you with certain financial opportunities. In order to do so, we have entered into agreements with other companies that provide either services to us or additional financial products for you to consider. If you prefer that we not disclose information about you to certain businesses, you may "opt out" of these disclosures, that is, you may direct us not to disclose information about you, as explained in this notice. This "opt out" will not apply to information that we may disclose about you as permitted or required by law. These disclosures typically include information to process transactions on your behalf, conduct the operations of our credit union, follow your instructions as you authorize, or protect the security of our financial records.

We may also disclose all of the information we collect, as described below, to companies that perform marketing or other services on our behalf or to other financial institutions with whom we have joint marketing agreements.

To protect our members’ privacy, we only work with companies that agree to maintain strong confidentiality protections and limit the use of information we provide. We do not permit these companies to sell your information to other third parties.

Information We Collect About You

We collect non-public personal information about you from the following sources:

• Information we receive from you on membership and loan applications and other forms;
  
  
• Information about your transactions with us 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;
  
  
• Information We May Disclose About You

We may disclose the following kinds of non-public personal financial information about you:

• Information we receive from you on applications and other forms, such as your name, address, social security number, and income.
  
  
• Information about your transactions with us or other companies that work closely with us to provide you with financial products and services, such as your account balances, payment history, and credit card usage.
  
  
• Information we receive from a consumer reporting agency, such as your creditworthiness and credit history.

Certain Parties That Receive Information from Us Where You Can Request To Opt Out

We may disclose non-public personal information about you to the following types of third parties:

• Financial service providers, such as companies providing automobile insurance
• Non-financial companies, such as travel agencies and automobile dealerships
• Other companies that provide consumer discount programs

How to Opt Out or Stop Certain Disclosures About You

If you prefer that we do not disclose non-public personal information about you to such nonaffiliated third parties as listed above, you may opt out of those disclosures. If you wish to direct us not to make disclosures to nonaffiliated third parties (other than those permitted by law), you should do one of the following:

• Call our Compliance Officer at (517) 784-7101
• Contact us on our web site
• Complete the attached form and mail it to us

This is further explained in the attached "Opt Out Notice." You may opt out of these disclosures at any time. This opt out option, by law, will not apply to disclosures that we make to companies that perform services on our behalf or to other financial institutions that have joint marketing agreements with us.

Once we receive your request not to make further disclosures, we will act as quickly as possible to stop disclosures. You may always contact us for assistance if you wish later to revoke your opt out election.

Note to non-member joint account holders:Any one of you may exercise the right to opt out, even if you are not actually a member of the credit union. CP Federal Credit Union will treat an opt out request from any one party to an account as if all of you directed us to not make disclosures to nonaffiliated third parties to which the opt out right applies.

Disclosure of Information About Former Members

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

We maintain physical, electronic, and procedural safeguards that comply with federal regulations and leading industry practices to safeguard your non-public personal information.

Once we receive your request not to make further disclosures, we will act as quickly as possible to stop disclosures. You may always contact us for assistance if you wish later to revoke your opt out election.

Note to non-member joint account holders:Any one of you may exercise the right to opt out, even if you are not actually a member of the credit union. CP Federal Credit Union will treat an opt out request from any one party to an account as if all of you directed us to not make disclosures to nonaffiliated third parties to which the opt out right applies.

Opt Out Notice for CP Federal Credit Union

In the course of providing services to our membership, CP Federal Credit Union collects and shares information about you. The privacy notice that accompanies this form explains that non-public personal information about our members is shared with certain organizations on a confidential basis.

CP Federal Credit Union is required by law to give you the right to "opt out" of information sharing with certain businesses, other than what is permitted by law. This means that you may direct us not to disclose information about you to certain businesses. Unless we hear from you, we may share all the non-public personal information about you that we collect with businesses involved in travel services, automobile sales and insurance, and consumer product discounts.

CP Federal Credit Union believes that these types of products and services will be of value and interest to our membership.

If you prefer that we do not disclose you personal information to these types of businesses, you may exercise your opt out right at any time by one of the alternatives listed below. We will discontinue further information sharing as quickly as possible. If you have any questions about this notice, if you would like to exercise your opt out right, or if you’ve elected to opt out previously but have changed your mind, contact our compliance officer at (517) 784-7101 or email us at cpfcu@cpfederal.com.