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Website Notices

GAPAC COMMUNITY FEDERAL CREDIT UNION PRIVACY POLICY
Federal law gives consumers the right to limit some but not all the sharing of personal information. Federal law also requires financial companies to tell you how it is collected, shared, and protected.

Click here to view the full GaPac Community Federal Credit Union Privacy.

Availability of Policy:
The Credit Union is proud of its commitment to member confidentiality, and will make this policy available to any consumer requesting it. The Credit Union also posts the Privacy Policy on our Internet Home Page at www.gapaccfcu.org.

Website Notice: GaPac CFCU is committed to protecting the privacy of our On-Line 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, GaPac CFCU 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 e-mail, GaPac CFCU 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 GaPac CFCU 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.

GaPac CFCU is not responsible for the product, service or overall website content available at a third-party site. GaPac CFCU's privacy policy does not apply to linked websites. For your protection, we advise you to consult the privacy policy of the site you are visiting for further information.

USA PATRIOT ACT-MEMBER IDENTIFICATION POLICY
Important Information Regarding Procedures for Opening a New GaPac CFCU Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means to you:
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Existing accounts also affected
In addition to new accounts, government regulations affect how GaPac CFCU treats existing members.

What this means to you:
To comply with Federal requirements, we will ask you and all the owners on your account for more information. Also, we may ask to see your driver’s license or other identifying documents.

It’s worth the inconvenience
We recognize that these procedures may inconvenience you, but at the same time, GaPac CFCU wants you to know that we strongly support the government’s goal of deterring terrorists and other criminals from using the U.S. financial system.

FACT ACT - Federal Government Required Notice

1. NOTICE OF NEGATIVE INFORMATION (pre-sharing) Federal law requires us to provide the following notice to members before any “negative information” may be furnished to a nationwide consumer-reporting agency. “Negative Information” means information concerning delinquencies, late payments, insolvency, or any form of default. This notice does not mean that we will be reporting such information about you, only that we may report such information about members that have not done what they are required to do under our agreement. After providing this notice, additional negative information may be submitted without providing another notice. Legal language: “We may report information about your account to credit bureaus. Late payments, missed payments or other defaults on your account may be reflected in your credit report.”

2. NOTICE OF NEGATIVE INFORMATION (after-sharing) Federal law requires us to provide the following notice to members no later than 30 days after furnishing “negative information to a nationwide consumer-reporting agency. “Negative Information” means information concerning delinquencies, late payments, insolvency or any form of default. After providing this notice, additional negative information may be submitted without providing another notice. Legal Language: “We have told a credit bureau about a late payment, missed payment or other default on your account. This information may be reflected on your credit report.”

ADDITIONAL NOTICES:

Please keep your account active: A reminder about your accounts. Washington State considers an account inactive if not used at least once every 3 years. In October, all financial institutions will be required to "escheat" to the State, accounts with no activity within the past 3 years.

Listed statement transactions: If you have checking transactions that are electronically cleared (ACH), they will be listed separately on your statement. This type of check processing is faster and less expensive for merchants. Electronically cleared checks (ACH), are initiated by the merchants, not by the CU.

Important Information Regarding Opening Future GaPac Account: Due to the new Patriot Act, effective October 1, 2003, GaPac CFCU is requesting identification from members and joint members when opening a new account. Even if you are a long time existing member and you need to make an account change, such as a name change, we will need to make a copy of your identification and retain for our records.

GaPac CFCU strongly supports the government's goal of deterring terrorists and other criminals from using any US financial system. We appreciate your cooperation and patience with this new procedure required by the US Federal Government.

OVERDRAFT ADVANCE DISCLOSURE

GaPac Community Federal Credit Union’s Overdraft Advance is a service offered to our members on their personal checking account. GaPac CFCU may honor overdrafts of individual checking accounts subject to certain conditions and limitations as set forth in this disclosure. GaPac CFCU may subtract an overdraft fee of $20.00 for each overdraft honored upon presentment. (Fee subject to change with notice.)

All members 18 years of age and older are eligible for Overdraft Advance as long as their account remains in good standing. Good standing is defined as making regular deposits and bringing their account to a positive balance at least once every 30 days; not being more than 20 days past due on a loan with GaPac CFCU; not having caused a loss to GaPac CFCU and not subject to any legal or administrative order or levy. Accounts must be in good standing to be eligible for the Overdraft Advance program. All existing checking accounts and accounts that have been opened for a minimum of 90 days may automatically be eligible for the Overdraft Advance program. Members are subject to a maximum overdraft limit, including overdraft fees, of $500.00. Primary or joint owners may request and/or remove their account(s) from the Overdraft Advance program at any time. Primary and all other owners shall be jointly and completely responsible for the overdraft including the overdraft fee.

Overdraft Advance is a non-contractual agreement between GaPac Community Federal Credit Union and its members. GaPac CFCU has the right to discontinue the program or withdraw any checking account from the program based on poor performance of the account, or failure to cover the overdrafts. GaPac CFCU also has the right to limit participation to one account per household. GaPac CFCU has the option to either honor the overdraft or return the item for insufficient funds even though we may have previously paid overdrafts for the member. There is no interest charged on any overdraft or unpaid overdraft charge. GaPac CFCU will notify the member by mail of any overdraft paid or returned; however we have no obligation to notify you before we pay or return an item.

The following transactions will be covered under Overdraft Advance:

Checks presented against your account
ATM withdrawals and debit transactions
ACH transactions
Pre-authorized transfers
Service or check charges

Overdraft items will be posted in accordance with GaPac Community Federal Credit Union’s existing share draft procedures.

Members who currently have overdraft transfer protection from savings or lines of credit will continue to have access to those services prior to accessing Overdraft Advance.

It is GaPac Community Federal Credit Union’s policy to provide members with every opportunity for repayment.

If you would like to opt-out of our Overdraft Advance services, please fill out our waiver form [PDF] and return it to GaPac.