Ag
Valley Cooperative, Non-Stock has always been committed to protecting
the privacy and security of personal financial information we collect
from out Patrons in the normal course of business. We do not provide account
or personal information to any company or person for the purpose of telemarketing
or direct mail marketing. We are dedicated to maintaining the confidentiality
and security of information that we collect. This is notice to you of
our policies and practices regarding your privacy.
Categories
of Information Collected
Ag Valley Cooperative, Non-Stock collects only the
Patron information that is necessary to administer its business and provide
goods and services to its Patrons. The categories of non-public personal
information that may be collected about Patrons include:
·
Information
we receive from you on applications for credit (such as name, address,
social security number, assets, financial statements, liabilities, credit
references, information from consumer reporting agencies or financial
institutions regarding your credit worthiness or credit history);
·
Information
we receive from you on applications for agricultural input financing (similar
to that on credit applications) that may be provided to either an Affiliated
or Non-affiliated agricultural financing institutions that may supply
such financing;
·
Information
about your transactions with us used to allocate savings, redeem members'
equity and manage stock or membership interests;
·
Information
we receive from you to the extent we have in place a Patron investment
program, such as name, address, social security number, amount of investment,
rate of return, etc.;
·
Information
about your purchases and use of regulated chemicals, fertilizer, or petroleum
products.
Categories
of Information We Disclose and to Whom Disclosure is Made
We may disclose the following kinds of nonpublic personal information
about you:
·
Information
we collect from you on credit applications and agricultural input financing
applications that you authorize us to disclose in order
to secure approval of credit or input financing from Affiliated or Non-Affiliated
financing institutions;
·
Information
regarding allocations of Patronage savings or interest paid on investment
certificates that we are required by law to report to the
Internal Revenue Service;
·
We
may disclose information we have collected from you and about you to companies
or joint venture partners that are Affiliates of the Cooperative
in order to market to you the full range of products and services provided
by the Cooperative and its Affiliates;
·
Information
about your purchases and use of certain regulated chemicals, fertilizers
or petroleum products that we may be required by law to
report to state or federal regulatory agencies;
·
Any
information collected about you that we must disclose as required
by law or legal process, including, but not limited to, reporting
under the Fair Credit Reporting Act.
Former
Patrons
If you decide to no longer be a Patron of the Cooperative or become ineligible
to be a Patron of the Cooperative we will adhere to the privacy policies
and practices as described in this notice.
Confidentiality
and Security
We restrict access to nonpublic personal information about you in our
possession to those employees who need to know that information to provide
the products and services to you or that are in charge with the administration
of credit or members equities. We maintain physical, electronic, and procedural
safeguards that comply with federal regulations to guard your nonpublic
personal information.