Visitors to the Local Government Federal Credit Union (LGFCU) Commercial Lending website are allowed to review and print the content for informational purposes only. Any misuse of information and materials contained on this site is strictly prohibited. Photos of LGFCU Commercial Lending members or quotes of LGFCU Commercial Lending members shown on this site may not be used without permission.
The LGFCU Commercial Lending name and logo, the LGFCU Commercial Lending tagline “Improving Communities Across North Carolina” and design mark, are trademarks owned by LGFCU and may not be used without permission.
Our regular office hours are Monday through Friday, 8:30 a.m. to 5:30 p.m., excluding designated holidays.
WHAT DOES LGFCU COMMERCIAL LENDING DO WITH YOUR PERSONAL INFORMATION?
Financial companies choose how they share your personal information. Federal law gives consumers 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.
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 balance and payment history
- Credit history and credit score
When you are no longer our member, we continue to share your information as described in this notice.
All financial companies need to share members' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their members' personal information; the reasons LGFCU Commercial Lending chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information
Does LGFCU Commercial Lending 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
For our marketing purposes - to offer our products and services to you
For joint marketing with other financial companies
For our affiliates' everyday business purposes - information about your transactions and experiences
For our affiliates' everyday business purposes - information about your creditworthiness
We don't share
For nonaffiliates to market to you
We don't share
Who we are
Who is providing this notice?
LGFCU Commercial Lending
What we do
How does LGFCU Commercial Lending 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 LGFCU Commercial Lending 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 or
- use your credit or 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.
Companies related by common ownership or control. They can be financial and nonfinancial companies.
- Example: LGFCU Financial Partners, LLC.
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Example: State Employees' Credit Union
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Example: MEMBERS®Trust Company
LGFCU Commercial Lending takes reasonable measures to ensure the quality of the content on its website. However, LGFCU Commercial Lending provides no warranty, expressed or implied, for the completeness, reliability and accuracy of the information available through the site. The information on the site is, again, for informational purposes only and not intended to constitute legal or professional advice. Thus, any action you take upon the information provided on the Commercial Lending website is strictly at your own risk and the parties involved in creating, producing or delivering this site will not be held liable for any loss, injury, claim, liability or damage of any kind.
LGFCU Commercial Lending also provides relevant links to information and websites not affiliated with LGFCU Commercial Lending as an additional resource for our visitors. References to any entity that is hyperlinked from the LGFCU Commercial Lending website, their services and products, are provided "as is" without warranty of any kind, either expressed or implied and does not necessarily imply a recommendation or endorsement of said entity, its services and products by LGFCU Commercial Lending.
LGFCU Commercial Lending takes reasonable measures to ensure that the functions provided on its website are free from defects, viruses and bugs, and are consistently available for use by our visitors. In no event, however, shall LGFCU Commercial Lending be liable for any special, incidental, indirect or consequential damages of any kind, or any damages whatsoever resulting from loss of use, data or profits, whether or not advised of the possibility of damage, and on any theory of liability, arising out of or in connection with the use or performance of this site. It is your responsibility to implement sufficient procedures and virus checks to satisfy your particular requirements for the availability and accuracy of data input and output.
Credit Union Internet account
access disclosure statement
A printed copy of this document may be requested by contacting your local branch or by emailing firstname.lastname@example.org.
Note: Through a contractual agreement, State Employees' Credit Union personnel provide services to LGFCU Commercial Lending members.
There is no limit on the number of transfers from your checking account, whether they are made in person, by ATM, by mail, by electronic transfer or to make payments on Credit Union loans.
Federal regulations limit electronic transfers from your Share Account to no more than six transfers per calendar month if the transfer is to another of your Credit Union Share, IRA or Money Market Accounts or to a third party by means of a preauthorized, automatic, telephone (touch-tone, teller or oral), or Internet instruction.
The functions and limitations of the Member Connect service may be updated, without notice, at the option of the Credit Union in order to provide improved service to the membership. The Electronic Funds Transfer Act and Regulation E require disclosure of the following information relating to Electronic Funds Transfer:
Your liability for unauthorized transfers
Liability disclosure. By applying for Internet account access, you agree to accept responsibility for protecting the integrity of your Password, in order to prevent unauthorized transactions and/or account access. You also agree that the Credit Union may revoke Internet account access if unauthorized account access and/or transactions occur as the apparent result of your negligence in safeguarding your password. Further, you agree that, if the Credit Union is notified or becomes aware that you have filed a petition of bankruptcy, the Credit Union may revoke or refuse to grant you Internet access to your account.
Notify us at once if you believe your account has been accessed without your authority. The best way to minimize your possible loss is to telephone, although you may advise us in person, in writing, or via the Internet service. If you do not notify us, you could lose all the money in your account (plus your maximum line of credit amount). If you tell us within two business days after you learn of unauthorized access, you can lose no more than $50 if someone accesses your account without your permission. If you do not tell us within two business days after you learn of the unauthorized access and we can prove we could have stopped someone from accessing your account without your permission if you had told us, you could lose as much as $500.
If your statement shows any electronic funds transfer you did not make or authorize to be made, advise us at once. If you do not tell us within 60 days after the first statement which reflected the unauthorized transfer was mailed to you, you may not get back any money you lost after the 60 days, provided we can prove that we could have stopped someone from taking the money if you had told us in time.
If a good reason (such as a long trip or a hospital stay) kept you from telling us, we may extend the time periods.
If you believe unauthorized access occurred on your account or your password has been stolen, or that someone has transferred or may transfer money from your account by accessing your account without your permission, call 24 hours a day.
We welcome your questions and comments. Contact us.
- Call: 800.344.4846
- Email: commercial.lending@lgfcuCL.org
- Mail: LGFCU Commercial Lending
3600 Wake Forest Rd.
Raleigh, NC 27609
The information on this website is not intended to provide legal or tax advice. Please consult your attorney or tax professional advice where applicable.