Privacy Policy
Financial institutions are federally required to share their privacy policy with their members annually. Please take a few minutes to read the important information below.
What Does Merck Sharp & Dohme Federal Credit Union Do With Your Personal Information?
Why
Financial companies choose how they share your personal information. Federal law gives members 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 income
- Account balances and payment history
- Credit history and/or credit scores
- Information from applications and other forms, such as your name, address, Social Security number, assets, and income.
- Information about your transactions with us, our affiliates, or others, such as your account balance, payment history, parties to transactions, and credit card usage.
- Information we receive from a consumer reporting agency, such as your creditworthiness and credit history.
How
All financial companies need to share customers’/members’ personal information to run their everyday business. In the section
below, we list the reasons financial companies can share their customers’/members’ personal information, the reasons Merck Sharp
& Dohme Federal Credit Union chooses to share; and whether you can limit this sharing.
REASONS WE SHARE YOUR PERSONAL INFORMATION
| REASONS WE SHARE YOUR PERSONAL INFORMATION: | DOES MSDFCU 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 | Yes | Yes |
For our affiliates’ everyday business purposes—information about your transactions and experiences | No | No |
For our affiliates’ everyday business purposes—information about your creditworthiness | No | No |
For our affiliates to market to you | Yes | Yes |
For nonaffiliates to market to you | No | No |
To Limit Sharing
Call (215) 996-3700 Please note: If you are a new member, we can begin sharing your information 30 days from the date you received this notice. When you are no longer a member, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.
Who We Are
Who is Providing this Notice
Merck Sharp & Dohme FCU
What We Do
How does Merck Sharp & Dohme 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.
How does Merck Sharp & Dohme Federal Credit Union collect my personal information?
We collect your personal information, for example, when you
- open an account or deposit money
- pay your bills or apply for a loan
- 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 laws 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. Merck Sharp & Dohme Federal Credit Union does not share information with its 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. Our joint marketing partners include ACI Worldwide, Affinion Group, CUNA Mutual Group, Geezeo, LPL Financial, and PSCU.
Questions?
Call (215) 996-3700
My MSD Cards App
My MSD Cards App periodically collects, transmits, and uses geolocation information for enabling features that prevent fraudulent card use and alerts, but only if the End User expressly authorizes collection of such information. Geolocation information can be monitored on a continuous basis in the background only while the Solution is being used or not at all, depending on the End User’s selection. The End User can change his/her/their location permissions at any time in their device settings.