Forms & Policies

24/7 Audio Response
ACH AutoPay for Visa
Cancel Receipts/Statements
Change of Address
Debit Card Application
Local 150 Union Dues
Payroll Deduction
Password Authorization
Share Draft Reconciliation
Stop Payment on Money Order or CU Check
Stop Payment on Personal Check
Vacation Savings Auto Transfer
Wire Instructions

Privacy Policy for Midwest Coalition of Labor Credit Union

     Midwest Coalition of Labor Credit Union is committed to making available financial products and services that will enable you to meet your financial needs and reach your financial goals. Protecting personal information and using it in a manner consistent with your expectations is a high priority to everyone associated with Midwest Coalition of Labor Credit Union.

     To ensure that you can rely on the quality of products and services we make available, our credit union stands behind the following privacy policy:

Privacy Disclosure for Midwest Coalition of Labor Credit Union

We collect non-public personal information about you from the following sources:

We restrict access to non-public personal information about you to those employees and officials 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 non-public personal information.

We may disclose all of the information we collect, as described above to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements.

We may also disclose non-public personal information about you to non-affiliated third parties as permitted by law. If you decide to terminate your membership or become an inactive member we will adhere to the privacy policies and practices as described in this notice.

Member Expulsion Policy

In the interest of protecting the assets and human resources of the Credit Union and maximizing dividends to members, the Board of Directors adopts the following policy. This policy provides for expulsion of members who have caused a loss to the Credit Union or otherwise disrupted the orderly operation of said Credit Union through inappropriate or unlawful conduct. Expulsion may result, upon Board action, in the situations described below.

Expulsion Criteria:
  1. Member fails to pay amounts due under a loan. Amounts due include, without limitation: principal, interest, fees, and charges, financed insurance premiums, collection agency charges or attorneys’ fees incurred in collecting amounts due under a note or guarantee, in repossessing and liquidating collateral under a security agreement, or in obtaining a deficiency judgment. A member who files for bankruptcy, but signs an enforceable reaffirmation agreement or otherwise voluntarily makes arrangements to repay all amounts due, will remain eligible for membership.
  2. Member fails to provide collected funds to cover share account withdrawals or to cover personal share drafts.
  3. Member fails to provide collected funds to cover credit union drafts purchased by the member.
  4. Member fails to pay fees or charges due the credit union for any reason.
  5. Member engages in conduct that constitutes harassment of credit union officers, directors, staff, agents, or volunteers, inappropriate conduct, or an abuse of membership privileges, or unnecessarily exposes the credit union to liability.

Notwithstanding the foregoing, a member who has caused a loss due to bankruptcy but, in the sole discretion of the management of the credit union, establishes that the loss was unavoidable, the result of extraordinary hardship, will remain eligible for membership.

Notice To Current Members: The expulsion criteria will be communicated to all current members by means of the form of notice attached.

Notice To New Members: The expulsion criteria will be communicated to new members at the time of application, as of the date of mailing to the current members. Members who do not apply in person will be mailed the notice as soon as possible but no later than twenty (20) days after applying for membership.

Expulsion Procedure: In the event a member causes a loss to the credit union that meets the Expulsion Criteria, the Board of Directors may expel the member in accordance with the following procedure:

  1. The matter of expulsion will be placed on the agenda for the next regularly or specially scheduled meeting of the Board of Directors.
  2. If the Board votes to expel the member:
    1. The credit union will apply any member shares available to cover the loss.
    2. The member who has caused such loss will be sent a letter notifying the member of his or her expulsion.
    3. Any shares remaining after the credit union exercises its right to apply shares to amounts due, will be sent to the member with the expulsion letter.