Privacy Policy


KONE Employees Credit Union is committed to providing our members with the best possible service and competitive products. We also are committed to protecting the privacy of our members and we take this responsibility seriously.
The credit union's directors, management and staff respect the private nature of our members' nonpublic, private personal information. We recognize that when you supply us with this data, you expect us to respect your right to privacy regarding this information.

Information we collect about you:
We collect nonpublic personal information about you from some or all of the following sources:
  • Information about your transactions with us.
  • Information we receive from a consumer-reporting agency.
  • Information we receive from you on applications and other forms.
  • Information obtained when verifying the information you provide on an application or other forms. This may be obtained from your current or past employers, or from other institutions where you conduct financial transactions.

We may disclose all of the information we collect, as described above, as permitted by law.

Information we disclose:
We may disclose nonpublic personal information about you to the following types of third parties:

  • Financial service providers, such as insurance companies, non-financial companies, such as consumer reporting agencies, data processors, check printers, check processors, financial statement publishers and plastic card processors.

In order for us to conduct the business of the credit union, we may disclose all of the information we collect to companies that perform marketing or other services on our behalf or to other financial institutions whom we have joint marketing agreements. We may also disclose nonpublic personal information about you under circumstances as permitted or required by law.

To protect our member's privacy, we only work with companies that agree to maintain strong confidentiality protections and limit the use of information we provide. We do not permit these companies to sell the information we provide.

Our security measures:
We restrict access to nonpublic information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic and procedural safeguards that comply with Federal regulations to guard your nonpublic personal information.

Maintaining Member Privacy in our Business Relationships:
The credit union will not sell or share member personal information with a third party for the third party's own independent use. However we occasionally contract with outside vendors and other business partners to perform specific services for the credit union. We require these vendors to honor and safeguard the information we provide them and to follow strict confidentiality requirements.
This privacy policy is given to you due to the requirement under federal law. If after reading this notice you have questions, please contact us at: 877-675-6237 or write us at One KONE Court, Moline, IL 61265.