How Glasgow Credit Union uses your personal information
1. Who we are
Glasgow Credit Union is a “data controller” in respect of personal information we process in connection with our business (including the products and services that we provide). In this notice, references to “we”, “us” or “our” are references to Glasgow Credit Union. We are registered as a data controller with the Information Commissioner’s Office (ICO), the supervisory authority for data protection within the United Kingdom. Our registration number is Z6604434.
This privacy notice (the “Privacy Notice”) will apply to all personal information processing activities carried out by Glasgow Credit Union.
If you have any data protection issues or queries, please direct these to: Data Protection Officer, Glasgow Credit Union, 95 Morrison Street, Glasgow, G5 8BE. Telephone 0141 274 5405 or email: [email protected].
We respect individuals’ rights to privacy and to the protection of personal information. The purpose of this Privacy Notice is to explain how we collect and use personal information in connection with our business. “Personal information” means information about a living individual who can be identified from that information (either by itself or when it is combined with other information). We may update this Privacy Notice from time to time. When we do, we will publish the updated Privacy Notice on our website. If we make any significant changes, we will bring this to your attention via a bold notification on our website and/or by sending a copy to you to either an e-mail or home address registered with us.
2. The information we process
We collect and process various categories of personal information at the start of, during our and, even after, your relationship with us. We will limit the collection and processing of information to only what is necessary to achieve one or more purposes as identified in this notice. Personal information may include:
a) basic personal information, including name and address, date of birth and contact details; b) financial information, including account and transactional information and history; c) information about your family, lifestyle and social circumstances (such as dependents, marital status, next of kin and contact details); d) information about your financial circumstances, including proof of income and expenditure, credit and borrowing history and needs and goals; e) education and employment information; f) goods and services provided; g) visual images (such as copies of passports or CCTV images); h) audio/video recordings of meetings of members for the explicit purpose of ensuring accuracy; and i) online profile and social media information and activity, based on your interaction with us and our websites and applications, including for example, your credit union profile and login information, Internet Protocol (IP) address, website visits etc.
We may also process some special category personal data for specific and limited purposes, such as detecting and preventing financial crime or to make our services accessible to customers.
We will only process special categories of information where we’ve obtained your explicit consent or are otherwise lawfully permitted to do so (and then only for the particular purposes and activities set out at Schedule A for which the information is provided). This may include:
physical or psychological health details or medical conditions;
Where permitted by law, we may process information about criminal convictions or offences and alleged offences for specific and limited activities and purposes, such as to perform checks to prevent and detect crime or to comply with laws relating to money laundering, fraud, terrorist financing, bribery, corruption and international sanctions. It may involve investigating and gathering intelligence on suspected financial crimes, fraud, threats and sharing data between banks or with law enforcement and regulatory bodies.
3. How we obtain information
Your information is made up of all the financial and personal information we collect and hold about you and your transactions. It includes:
a) information you give to us; b) information that we receive from third parties who provide services to you or us, such as credit reference, agencies, Open Banking providers, insurers, police, fraud prevention or government agencies, c) information that we learn about you through our relationship with you and the way you operate your accounts and/or services, such as the payments made to and from your accounts; d) information that we gather from the technology which you use to access our services such as:
i. an IP address; ii. telephone number; iii. cookies; iv. website log in information
4. Your rights
We want to make sure you are aware of your rights in relation to the personal information we process about you. We have described those rights and the circumstances in which they apply in the table below.
If you wish to exercise any of these rights, if you have any queries about how we use your personal information that are not answered here, or if you wish to complain please refer to the contact details set out in Section 1 above.
Table A – Your Rights
Access – You have a right to get access to the personal information we hold about you.
If you would like a copy of the personal information we hold about you, please refer to the contact details set out in Section 1 above.
Rectification – You have a right to rectification of inaccurate personal information and to update incomplete personal information.
If you believe that any of the information that we hold about you is inaccurate, you have a right to request that we rectify the inaccurate personal information.
Erasure – you have a right to request that we delete your personal information, in certain circumstances
You may request that we delete your personal information if you believe that: we no longer need to process your information for the purposes for which it was provided;
we have requested your permission to process your personal information and you wish to withdraw your consent;
we are not using your information in a lawful manner or;
where we are required to erase your personal information to comply with local law.
Note: We may not always be able to comply with your request of erasure for specific legal reasons which will be notified to you, if applicable, at the time of your request.
Restriction – You have a right to request us to restrict the processing of your personal information, in certain situations
You may request us to restrict processing your personal information if you believe that:
any of the information that we hold about you is inaccurate;
we no longer need to process your information for the purposes for which it was provided, but you require the information to establish, exercise or defend legal claims; or we are not using your information in a lawful manner;
You have objected to our use of your data, but we need to verify whether we have overriding legitimate grounds to use it.
Portability – You have a right to data portability, in certain circumstances
Where we have requested your permission to process your personal information or you have provided us with information for the purposes of entering into a contract with us, you have a right to receive the personal information you provided to us in a portable format.
You may also request us to provide it directly to a third party, if technically feasible. We’re not responsible for any such third party’s use of your account information, which will be governed by their agreement with you and any privacy statement they provide to you.
If you would like to request the personal information you provided to us in a portable format, please refer to the contact details set out in Section 1 above.
Note that this right only applies to your personal information which you initially provided to us, which is processed based on your consent or based on the performance of a contract between us and which is processed by us using automated means.
Objection – You have a right to object to the processing of your personal information.
You have a right to object to us processing your personal information (and to request us to restrict processing) for the purposes described in Section C of Schedule A – Purposes of Processing (below) unless we can demonstrate compelling and legitimate grounds for the processing, which may override your own interests or where we need to process your information to investigate and protect us or others from legal claims.
Depending on the circumstances, we may need to restrict or cease processing your personal information altogether, or, where requested, delete your information.
Marketing – You have a right to object to direct marketing.
You have a right to object at any time to processing of your personal information for direct marketing purposes, including profiling you for the purposes of direct marketing. For more information see Section 8.
Withdraw consent – You have a right to withdraw your consent.
Where we rely on your consent to process your personal information, you have a right to withdraw your consent at any time. We will always make it clear where we need your consent to undertake specific processing activities.
Lodge complaints – You have a right to lodge a complaint with the Supervisory Authority in the UK, The Information Commissioner’s Office (ICO)
If you wish to raise a complaint on how we have handled your personal information, you can contact our Data Protection Officer who will investigate the matter. We hope that we can address any concerns you may have, but you can always contact the ICO if you’re unhappy or dissatisfied. Visit ico.org.uk
5. Failure to provide personal information
Where we need to collect personal information by law, or under the terms of a contract we have with you and you fail to provide that data, we may not be able to perform, or even enter, the contract (for example, to provide you with financing or other services). In this case, we may have to cancel such financing or services you have with us, but we will notify you if this is the case at the time.
6. Sharing with third parties
We will not share your information with anyone outside Glasgow Credit Union except:
a) where we have your permission; b) where required for your product or service; c) where you have subscribed to the “Big G Lottery”; d) where we are required by law and by law enforcement agencies, judicial bodies, government entities, tax authorities or regulatory bodies around the world; e) with other banks and third parties where required by law to help recover funds that have entered your account as a result of a misdirected payment by such a third party; f) with third parties providing services to us, such as market analysis and benchmarking, correspondent banking, IT specialist services, and agents and sub-contractors acting on our behalf, such as the companies which print our account statements; g) with other banks to help trace funds where you are a victim of suspected financial crime and you have agreed for us to do so, or where we suspect funds have entered your account as a result of a financial crime; h) with debt collection agencies; i) with credit reference and fraud prevention agencies; j) with Open Banking providers that we use for account information service, for the purpose of inviting you to use this service and share third party account information with us. (This is currently Experian and further information can be found at understanding-credit-information.pdf k) with third-party guarantors or other companies that provide you with benefits or services (such as insurance cover) associated with your product or service; l) where required for a proposed sale, reorganisation, transfer, financial arrangement, asset disposal or other transaction relating to our business and/or assets held by our business; m) in anonymised form as part of statistics or other aggregated data shared with third parties; or n) where permitted by law, it is necessary for our legitimate interests or those of a third party, and it is not inconsistent with the purposes listed above.
If you ask us to, we will share information with any third party that provides you with account information or payment services.
If you ask a third-party provider to provide you with account information or payment services, you are allowing that third party to access information relating to your account.
We will not be responsible for any third party use of your account information, which will be governed by their agreement with you and any privacy statement they provide to you.
In the event that any additional authorised users are added to your account, we may share information about the use of the account by any authorised user with all other authorised users.
Glasgow Credit Union will not share your information with third parties for their own marketing purposes without your permission.
7. Transferring information overseas
We may transfer your information to organisations in other countries on the basis that anyone to whom we pass it protects it in the same way as we do, or, in accordance with applicable laws.
In the event that we transfer information to countries outside of the European Economic Area (which includes countries in the European Union as well as Iceland, Liechtenstein and Norway), we will only do so where:
a) we have your explicit consent; b) the European Commission has decided that the country or the organisation we are sharing your information with will protect your information adequately; c) the transfer has been authorised by the relevant data protection authority; and/or d) we have entered into a contract with the organisation with which we are sharing your information (on terms approved by the European Commission) to ensure your information is adequately protected. If you wish to obtain a copy of the relevant data protection clauses, please refer to the contact details set out in Section 1 above.
8. Marketing information
Where you have provided consent for us to do so, we will process your personal information in order to send you information about products and services which may be of interest to you by phone, email, text and other forms of electronic communication.
We may also send you information as above where we have a legitimate interest in doing so and where you have not objected to us doing so. In this situation, any information will be in respect of your similar products and services only.
If you change your mind about how you would like us to contact you or you no longer wish to receive this information, you can tell us at any time by contacting us on 0141 274 5423 or by email to [email protected]
9. Communications about your account
We will contact you with information relevant to the operation and maintenance of your account (including updated information about how we process your personal information), by a variety of means including via our website, mobile app, email, text message, post and/or telephone. If at any point in the future you change your contact details, you should tell us promptly about those changes, in order that we can ensure your account details remain accurate.
We may monitor or record calls, emails, text messages or other communications in accordance with applicable laws for the purposes outlined in Schedule A – Purposes of Processing.
10. Credit reference and fraud prevention agencies
We may access and use information from credit reference and fraud prevention agencies when you open your account and periodically to:
a) manage and take decisions about your accounts, including assessing your creditworthiness and checks to avoid customers becoming over-indebted; b) prevent criminal activity, fraud and money laundering; c) check your identity and verify the accuracy of the information you provide to us; and d) trace debtors and recover debts.
Application decisions may be taken based solely on automated checks of information from credit reference and fraud prevention agencies and internal credit union records. To help us make decisions whether or not to give you credit, we use a system called credit scoring to assess your application. To work out your credit score, we look at the information you give us when you apply; information from credit reference agencies that will show us whether you’ve kept up to date with payments on any credit accounts (that could be any mortgages, loans, credit cards or overdrafts), or if you’ve had any court action such as judgments or bankruptcy; your history with us such as maximum level of borrowing; and affordability, by looking at your available net income, existing debts, and if you have shared your bank account transactions via Open Banking. You have rights in relation to automated decision-making, including a right to appeal if your application is refused.
We will continue to share information with credit reference agencies about how you manage your account including your account balance, payments into your account, the regularity of payments being made, credit limits and any arrears or default in making payments, while you have a relationship with us. This information will be made available to other organisations (including fraud prevention agencies and other financial institutions) so that they can take decisions about you, your associates and members of your household.
If false or inaccurate information is provided and/or fraud is identified or suspected, details will be passed to fraud prevention agencies. Law enforcement agencies and other organisations may access and use this information.
If we, or a fraud prevention agency, determine that you pose a fraud or money laundering risk, we may refuse to provide the services and financing you have requested, or we may stop providing existing services to you.
A record of any fraud or money laundering risk will be retained by the fraud prevention agencies and may result in others refusing to provide services, financing or employment to you. Fraud prevention agencies can hold your information for different periods of time, and if you are considered to pose a fraud or money laundering risk, your data can be held for up to six years.
When credit reference and fraud prevention agencies process your information, they do so on the basis that they have a legitimate interest in preventing fraud and money laundering, and to verify identity, in order to protect their business and to comply with laws that apply to them.
If you would like a copy of your information held by the credit reference and fraud prevention agencies we use, or if you want further details of how your information will be used by credit reference agencies, please visit their websites or contact them using the details below.
The three main credit reference agencies TransUnion, Equifax, Experian, and Crediva. Each use and share personal information they receive about you that is part of, derived from or used in credit activity and this is explained in more detail in the Credit Reference Agency Information Notice available at any of the following:
By providing you with products or services, we create records that contain your information, such as customer account records, activity records, tax records and lending and credit account records. Records can be held on a variety of media and formats (physical/paper or electronic). We manage records to help us serve our customers (for example for operational reasons, such as dealing with any queries relating to your account) and to comply with legal and regulatory requirements. Records help us demonstrate that we are meeting our responsibilities and to keep as evidence of our business activities.
Retention periods for records are determined based on the type of record, the nature of the activity, product or service. We normally keep customer account records for up to six years after your relationship with the credit union ends, whilst other records are retained for shorter periods, for example, 30 days for CCTV records or 6 months for call recordings. Retention periods may be changed from time to time based on business or legal and regulatory requirements.
We may, on exception, retain your information for longer periods, particularly where we need to withhold destruction or disposal based on an order from the courts or an investigation by law enforcement agencies or our regulators. This is intended to make sure that the credit union will be able to produce records as evidence if they’re needed.
If you would like more information about how long we keep your information, please refer to the contact details set out in Section 1 above.
We are committed to ensuring that your information is secure whilst held and processed by us and with any third parties who act on our behalf. Where we do engage a third party to act on our behalf, we ensure they undertake processing activities using the same standards as ourselves and with suitable data processing or sharing agreements in place.
We seek to directly resolve any complaints about how we handle personal information and would request you contact us in the first instance. If you are not happy thereafter, you also have the right to complain to the Information Commissioner’s Office (ICO) in relation to our use of your information. The Information Commissioner’s contact details are noted below:
Information Commissioner’s Office Wycliffe House Water Lane Wilmslow Cheshire SK9 5AF
We will only use and share your information where it is necessary for us to carry out our lawful business activities. We want to ensure that you fully understand how your information may be used. We have described the purposes for which your information may be used in detail below:
A – Contractual necessity
We may process your information where it is necessary to enter into a contract with you for the provision of our products or services or to perform our obligations under that contract. Please note that if you do not agree to provide us with the requested information, it may not be possible for us to continue to operate your account and/or provide products and services to you. This may include processing to:
a) assess and process applications for products or services; b) provide and administer those products and services throughout your relationship with the credit union, including opening, setting up or closing your accounts or products; collecting and issuing all necessary documentation; executing your instructions; processing transactions, including transferring money between accounts; making payments to third parties; resolving any queries or discrepancies and administering any changes. Calls to the credit union and communications to our mobile and online helplines may be recorded and monitored for these purposes; c) manage and maintain our relationship with you and for ongoing customer service; d) administer any credit facilities or debts, including agreeing repayment options; and e) communicate with you about your account(s) or the products and services you receive from us.
B – Legal obligation
When you apply for a product or service (and throughout your relationship with us), we are required by law to collect and process certain personal information about you. Please note that if you do not agree to provide us with the requested information, it may not be possible for us to continue to operate your account and/or provide products and services to you. This may include processing to:
a) perform checks and monitor transactions for the purpose of preventing and detecting crime and to comply with laws relating to money laundering, fraud, terrorist financing, bribery and corruption, and international sanctions. This may require us to process information about criminal convictions and offences, to investigate and gather intelligence on suspected financial crimes, fraud and threats and to share data with law enforcement and regulatory bodies; b) assess affordability and suitability of credit for initial credit applications and throughout the duration of the relationship, including analysing customer credit data for regulatory reporting; c) share data with other banks and third parties to help recover funds that have entered your account as a result of a misdirected payment by such a third party; d) carry out checks (in addition to statutory requirements) on customers and potential customers including screening against external databases and sanctions lists and establishing connections to politically exposed; e) share data with credit reference, fraud prevention agencies and law enforcement agencies; f) share data with police, law enforcement, tax authorities or other government and fraud prevention agencies where we have a legal obligation, including reporting suspicious activity and complying with production and court orders; g) deliver mandatory communications to customers or communicating updates to product and service terms and conditions; h) investigate and resolve complaints; i) conduct investigations into breaches of conduct and corporate policies by our employees; j) manage contentious regulatory matters, investigations and litigation; k) perform assessments and analyse customer data for the purposes of managing, improving and fixing data quality; l) provide assurance that the credit union has effective processes to identify, manage, monitor and report the risks it is or might be exposed to; m) investigate and report on incidents or emergencies on the credit union’s property and premises; n) coordinate responses to business-disrupting incidents and to ensure facilities, systems and people are available to continue providing services; and o) monitor dealings to prevent market abuse.
C – Legitimate interests of the credit union
1. We may process your information where it is in our legitimate interests do so as an organisation and without prejudicing your interests or fundamental rights and freedoms.
We may process your information in the day-to-day running of our business, to manage our business and financial affairs and to protect our members, employees and property. It is in our interests to ensure that our processes and systems operate effectively and that we can continue operating as a business. This may include processing your information to:
a) monitor, maintain and improve internal business processes, information and data, technology and communications solutions and services; b) ensure business continuity and disaster recovery and responding to information technology and business incidents and emergencies; c) ensure network and information security, including monitoring authorised users’ access to our information technology for the purpose of preventing cyber-attacks, unauthorised use of our telecommunications systems and websites, prevention or detection of crime and protection of your personal data; d) provide assurance on the credit union’s material risks and reporting to internal management and supervisory authorities on whether the credit union is managing them effectively; e) perform general, financial and regulatory accounting and reporting; f) protect our legal rights and interests; g) manage and monitor our property (for example through CCTV) for the purpose of crime prevention and prosecution of offenders, for identifying accidents and incidents and emergency situations and for internal training; and h) enable a sale, reorganisation, transfer or other transaction relating to our business.
2. It is in our interest as a business to ensure that we provide you with the most appropriate products and services and that we continually develop and improve as an organisation. This may require processing your information to enable us to:
a) send you relevant marketing information by post (including details of other products or services provided by us which we believe may be of interest to you); understand our members’ actions, behaviour, preferences, expectations, feedback and financial history in order to improve our products and services, develop new products and services, and to improve the relevance of offers of products and services by the credit union; b) monitor the performance and effectiveness of products and services; c) assess the quality of our customer services and to provide staff training. Calls to the credit union may be recorded and monitored for these purposes; d) perform analysis on member complaints for the purposes of preventing errors and process failures and rectifying negative impacts on members; e) compensate members for loss, inconvenience or distress as a result of services, process or regulatory failures; f) identify our members use of third-party products and services in order to facilitate the uses of customer information detailed above; and g) combine your information with third-party data, such as economic data in order to understand customers’ needs better and improve our services.
We may perform data analysis, data matching and profiling to support decision-making with regards to the activities mentioned above. It may also involve sharing information with third parties who provide a service to us.
3. It is in our interest as a business to manage our risk and to determine what products and services we can offer and the terms of those products and services. It is also in our interest to protect our business by preventing financial crime. This may include processing your information to:
a) carry out financial and credit risk assessments; b) manage and take decisions about your accounts; c) trace debtors and recovering outstanding debt; d) for risk reporting and risk management.
Application decisions may be taken based on solely automated checks of information from credit reference agencies and internal credit union records. For more information on how we access and use information from credit reference and fraud prevention agencies see Section 11 – Credit reference and fraud prevention agencies in this document.
D – Consent
1. We may process your information where you have given us consent to do so. Where you have provided consent, we will process your personal information in order to send you:
a) information about products and services which may be of interest to you and; b) other forms of electronic communication.
2. We may process special categories of information where you give us explicit consent to do so. We will only ask for your explicit consent to process special categories of data where is it necessary to do as follows:
a) We believe you or another person may be at risk to protect yours or their interest b) You have made the information public c) It’s necessary to establish, exercise or defend a legal claim d) The law determines there is a substantial public interest, but we will always consider and take appropriate measures to safeguard your rights and privacy before doing this.
Please check first that you are eligible to apply:
You are aged 18 or over
You have a UK bank account in your own or joint names
You are a permanent UK resident
You have never been bankrupt or had a Court Decree
To complete your application you will need:
Your current employer's address details
Details of monthly income and outgoings
Bank or building society details (sort code and account number)
To enable us to make a decision on your loan application we will contact Credit Referencing & Fraud Prevention Agencies. This will register a search against your credit record and if your application is successful we will share the information we hold for you with these agencies. Further details are available in our Privacy Notice
It is important that you read the Privacy Notice document above. If there is anything that you do not understand, please contact us.
Please be aware that the longer you take to pay back a loan, the more you will pay back in interest. If you go for a shorter term your monthly repayment might go up, but you'll save in interest and pay back your loan faster.