A Private Note to Our Members
Eddy Federal Credit Union is committed to making available products and services that will enable you to meet your financial needs and reach your financial goals. Protecting personal information and using it in a manner consistent with your expectations is a high priority for everyone associated with the credit union. As a member of Eddy Federal Credit Union, you also have a responsibility to safeguard your financial information.
EDDY FEDERAL CREDIT UNION WILL COLLECT ONLY THE PERSONAL INFORMATION THAT IS NECESSARY TO CONDUCT CREDIT UNION BUSINESS.
That means just what is necessary to provide competitive financial products and services - no more.
YOU WILL ALWAYS HAVE ACCESS TO YOUR INFORMATION.
As a member of the credit union, you will always have the opportunity to review your information and make necessary changes to ensure that our records are complete and accurate.
EDDY FEDERAL CREDIT UNION WILL ONLY SHARE INFORMATION WHEN ABSOLUTELY NECESSARY.
We will only share information to administer the products and services provided, when required to do so by the government, or when we partner with other businesses to offer a broader array of products and services.
EDDY FEDERAL CREDIT UNION WILL PARTNER ONLY WITH BUSINESSES THAT FOLLOW STRICT CONFIDENTIALITY REQUIREMENTS.
The businesses selected will offer products designed to enhance our members’ economic well being. Under no circumstances will we authorize these firms to charge your account without your expressed consent, and we will not sell member information to telemarketing firms.
EDDY FEDERAL CREDIT UNION WILL OFFER YOU A CHOICE IN HOW YOUR INFORMATION IS USED.
Any member of the credit union may elect to keep information from being shared with our business partners. We will inform you on how to exercise your choice, and we will take all reasonable steps to make sure your requests are followed. At least once a year, we will remind all members of your right to choose.
Membership at Eddy Federal Credit Union is restricted to the following criteria:
- Persons who live or work in Eddy County, New Mexico.
- Persons who were members of this credit union on January 16, 1976
- Employees of the U.S. Post Office or Bureau of Land Management who work in Hobbs or Lovington, New Mexico
- Spouses of persons who died while within the field of membership of this credit union
- Employees of this credit union
- Members of their immediate families
- Organizations of such persons
Everything we do, we do for you! Thank you for making Eddy FCU your credit union!
Verified by VisaVerified by Visa was developed to help e-commerce or Internet purchases flourish and encourage consumer participation with proven security measures. Verified by Visa, allows cardholders to actively protect their Visa debit or credit card from unauthorized use. When using your Visa debit or credit card online, cardholders will be prompted to participate by selecting a PIN or personalized password that becomes their online “signature” for web purchases. Each time your member makes a purchase online, a Visa window will prompt the cardholder to enter their personalized password. Visa is currently working with online merchants and other e-commerce service providers to integrate Verified by Visa into their payment systems.
While Visa cardholders are already protected by Visa’s $0 liability policy, this service will create a solid foundation for secure Internet transactions by instilling consumer confidence, increasing card usage, and creating a safe e-commerce environment for all parties involved in online purchasing. Due to this new password protected method, Visa issuers will lose the chargeback right for “did not make purchase claims by their cardholders”.
National and consumer television and print advertising for Verified by Visa began in December 2001. Statement messages and inserts have been provided over the past year to help encourage coardholders to register their debit and credit cards with the Verified by Visa product. In the near futeure, cardholders will be denied transaction authorizations while attempting to purchase over the Internet if a password is not provided when prompted at the point of purchase.
For more information about Verified by Visa please refer to Visa Online at www.us.visaonline.com.