Cornerstone Federal Credit Union is committed to protecting the privacy of our 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 you should know how we handle that information.
If you visit our Web site, we will collect and store information from the domain you used to access our site, the Internet address of the site from which you came, 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, which will, in turn, help us to better serve our membership.
If you send an email, we will collect and store information that personally identifies you in order to process your email, form or application. This information is not sold to third parties. Due to the volume of email activity, these messages are deleted after they have been answered or your request has been completed.
If you visit a secure site, such as Online Branch, you will be asked for personal identification numbers which will give you access to the member only section of our Web site. This information enables us to regulate entry to the member only portions of our site 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 Web page, 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 privacy policies similiar to ours to offer you maximum security and privacy.
Notice of Changes In Temporary NCUA Insurance Coverage
For Transaction Accounts
All funds in a “noninterest-bearing transaction account” are insured in full by the National Credit Union
Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and
separate from, the coverage of at least $250,000 available to members under the NCUA’s general share insurance rules.
Your Ability to Withdraw Funds at Cornerstone Federal Credit Union
Our policy is to make funds from your deposits available to you on the same business day in which we receive your deposits. At that time, you can withdraw the funds in cash and we will use the funds to pay checks that you have written.
For determining the availability of your deposits, every day is a business day with the exception of Saturdays, Sundays, and the following holidays: New Year’s Day, President’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving, and Christmas. If you make a deposit before the credit union closes on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after the credit union has closed or on a day we are not open, we may consider that the deposit was made on the next business day we are open.
In some cases, we will not make all of the funds that you deposit by check available to you on the same business day we receive your deposit. Funds may not be available until the second business day after the day of your deposit. However, the first $200 of your deposit will be available on the first business day.
~ We believe a check you deposit will not be paid.
~ You deposit checks totaling more than $5,000 on any one day.
~ You deposit a check that has been returned unpaid.
~ You have overdrawn your account repeatedly within the last six months.
~ You are making the deposit to a new membership account opened within the last 30 days.
~ There is an emergency, such as failure of communications or computer equipment.