Terms and conditions

Castle & Crystal Credit Union will process your data in accordance with your rights under the Data Protection Act 1998. Your information may be processed by this credit union in any form and on any database used by us for the following purposes: 

  • to consider any applications made by you;
  • to help us to make credit decisions about you and anyone to whom you are linked financially or other members of your household;
  • to deal with your account(s) or run any other services we provide to you;
  • to undertake statistical analysis, financial risk assessment, money laundering checks (which may include telephoning you), compliance and regulatory reporting, fraud prevention and debt tracing;
  • to help us identify products and services which may be of interest to you (unless you have asked us not to); 

Sharing information 

We hold a category F Consumer Credit Licence and will disclose information outside the credit union only: 

  • to our agents or subcontractors for operational reasons;
  • to any persons, including, but not limited to, insurers, who provide a service or benefits to you or for us in connection with your account(s);
  • to licensed credit reference agencies in accordance with the Data Protection Act
  • to fraud prevention and other agencies to help prevent crime or where we suspect fraud;
  • if compelled to do so by law;
  • for the purpose of compliance and regulatory reporting and to confirm your identity for money laundering purposes, which may include checking the electoral register; 
Joint accounts 

A link between joint applicants and/or any individual identified as your financial partner will be created at credit reference agencies, which will link your financial records. You and anyone else with whom you have a financial link understand that each other's information will be taken into account in all future applications by either or both of you. This linking will continue until one of you successfully files a disassociation at the credit reference agencies.

Subject access rights 

If you write to us and pay a fee of £10 you have a right of access to your information held by us. You have a right of access to your information held by credit reference agencies on payment of a fee to them. If you ask we will tell you the name and address of the credit reference agencies we may use.   

Internal complaints handling procedure 

Castle & Crystal Credit Union welcomes the opportunity to put things right for members who are dissatisfied with our service. There is a complaints procedure in place and we aim to resolve any complaint as quickly as possible. If you need to complain, please ask for a complaint form and a copy of our procedures. This explains fully our commitment to handling complaints. If you are not satisfied with our final response, you may refer a complaint to the Financial Ombudsman Service within six months of that reply.  

Castle & Crystal Credit Union Rule Book          

A copy of the Castle & Crystal rulebook is available upon request.  

Overpayments

In the event of any error or overpayment on credit union savings & loan accounts, the member remains liable to repay funds immediately or from any funds held on account or deposits received. At the discretion of the credit union a short term payment plan may be agreed.