Credit Unions in Canada have a long history of respecting the rights of their members. As a co-operative financial institution, Margosa Credit Union is committed to the development of policies, procedures and service offerings that maintain these rights.
Margosa Credit Union has fully adopted the Credit Union Code for the Protection of Personal Information and appointed a Privacy Officer. You are entitled to review the Code at any time or contact the Privacy Officer about a privacy issue or concern.
The 10 Principles of The Credit Union Code for the Protection of Personal Information which Margosa has adopted are:
1.
ACCOUNTABILITY. We have 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, we will identify the purposes for which it will be used or disclosed.
3.
CONSENT. We require 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 we've identified to you.
5.
LIMITING USE, DISCLOSURE, AND RETENTION. We will only use or disclose your personal information with your consent (or as required by law). And we will only retain your information as long as necessary to fulfill identified purposes.
6.
ACCURACY. We will keep your information accurate, complete, and up-to-date.
7.
SAFEGUARDS. We will protect your personal information with appropriate security safeguards.
8.
OPENNESS. We will make specific, understandable information readily available to you about our personal information policies and practices.
9.
INDIVIDUAL ACCESS. When you request it, we 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 Margosa’s compliance with any of these principles.
Questions?
Margosa's Privacy Officer is your point of contact if you wish to raise any matters regarding member privacy and the use of your personal information. You may reach him at: mikec@margosacreditunion.ca
You may also reach the Privacy Officer in writing:
