Privacy Policy
Effective January 1, 2004 Ontario Educational Credit Union will be
subject to the Personal Information Protection and Electronic
Documents Act (PIPED Act). To comply with the act your credit union
has adopted the Credit Union Code of Protection of Personal
Information (the Code).
What is Personal Information? OECU obtains information from you
directly, when you obtain a product from the credit union and, with
your permission, from credit bureaus, other financial institutions and
references. This information can include your name, address, age,
income, use of accounts and credit history and the relationship of
others linked to you in account services.
What does this mean to you? OECU has always maintained a high
level of confidentiality. We collect only the information required to
provide you with the products and services you request; to meet legal
and regulatory requirements and for analytical purposes that assist
the credit union in managing our activities.
How we presently share information. OECU provides information
to third parties only when required for you to purchase the service or
product offered by the third party; for legal requirements such as
T5s; and for the purpose of conducting audits or verifications of
information. OECU does not sell, lease or disclose any lists of
information, personal or otherwise, to any party for any reason except
our auditor and regulatory bodies when required.
What are your rights? Members have the right to see what
information OECU holds, to correct information and the right to change
the way OECU uses the information. However, changing the way OECU uses
your information will limit the services that OECU can provide to you.
OECU has appointed a Privacy Officer to ensure compliance with the
Code and the regulations.
If you have any comments, inquiries or complaints about the handling
of personal information we encourage you to contact the Privacy
Officer at 905-795-1637 or by email to
mail@oecu.on.ca with the subject of Privacy Issue.
Summary of the 10 Principles of the
Credit Union Code for Protection of Personal Information
1. Accountability
– OECU has designated a Privacy Officer who is accountable for our
compliance with the principles of the Code.
2. Identifying Purposes – Before or at the time we ask you for
personal information, OECU will identify the purposes for which it
will be used or disclosed.
3. Consent – OECU requires your knowledge and consent for the
collection, use or disclosure of personal information.
4. Limiting Collection – The collection of personal information
is limited to only the purposes OECU has identified to you.
5. Limiting Use, Disclosure, and Retention - OECU will only use
or disclose your personal information with your consent (or as
required by law). And OECU will only retain your information as long
as necessary to fulfill identified purposes.
6. Accuracy – OECU will keep your information accurate,
complete and up-to-date.
7. Safeguards – OECU will protect your personal information
with appropriate security safeguards.
8. Openness – OECU will make specific, understandable
information readily available to you about our personal information
policies and practices.
9. Individual Access – When you request it, OECU will give you
access to the existence, use and disclosure of your information. You
are entitled to question its accuracy and completeness, and its uses.
10. Challenging compliance – You are entitled to question the
Privacy Officer about OECU’s compliance with any of these principles.
The complete text of the
Code is available from the Privacy Officer.
Web
Site Privacy Statement
The following discloses
our information gathering and dissemination practices the OECU web
site.
COOKIES
Cookies are small files containing information generated by a Web
server and stored in a user's computer, ready for future access. Our
web site does not use cookies to record information about our
visitors.
STATISTICAL DATA
Our hosting servers (as most) track IP addresses and referring
pages to help with site maintenance and improvements. This data is
viewed only as anonymous statistics to show the busiest times of the
day or week, pages with errors and how effective our advertising has
been. This information is not used for any other purpose.
EXTERNAL LINKS
This site may on occasion provide links to other sites for your
convenience or additional information. OECU is not responsible for any
content or practices of these web sites.
CLIENT INFORMATION
Any confidential information that may be collected (electronically
or otherwise) from our members for the purpose of conducting business
on their behalf is not shared with third parties without the consent
of our members.
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