Privacy Policy

FACTS WHAT DOES SOUTHERN COASTAL 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:
  • Social Security number and Tax ID Number
  • Account Number and Creditworthiness
  • Payment history and Employment Information

    • 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 Southern Coastal Federal Credit Union chooses to share; and whether you can limit this sharing.
    Reasons we can share your personal information Does Southern Coastal Federal Credit Union 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 Yes
    For joint marketing with other financial companies No We don't share
    For our affiliates' everyday business purposes —
    information about your transactions and experiences    		 No We don't share
    For our affiliates' everyday business purposes —
    information about your creditworthiness    		 Yes No
    For affiliates to market to you No We don't share
    For nonaffiliates to market to you No We don't share

    Questions or opt-out?

    Call 228-432-0284 or send email to info@socofcu.org

    Who we are
    Who is providing this notice? Southern Coastal Federal Credit Union
    What we do
    How does Southern Coastal 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.
    SoCo regularly tests and assesses its information security measures and adopts and upgrades and enhances as necessary.
    How does Southern Coastal Federal Credit Union collect my personal information? We collect your personal information, for example, when you
  • Open an account or give us your contact information
  • Apply for a loan or provide your employment verification
  • Use your debit card

    • 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 law 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.
    Nonaffiliates Companies not related by common ownership or control. They can be financial and nonfinancial companies.
    • Southern Coastal Federal Credit Union does not share with our 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.
    • Southern Coastal Federal Credit Union does not share for joint marketing purposes.

    Other important information

    To protect our Member's 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 to other parties the information we provide to them. Information about our Members will only be disclosed as permitted or required by law. We maintain physical, electronic and procedural safeguards designed to protect your information from unauthorized access by third parties, including the destruction of information after it has been used.