Joliet Municipal Employees Federal Credit Union
Website On-Line Banking Policy
1. Statement of Purpose
The credit union’s website serves two functions: as general source of information for members about their credit union and as an access point for members to obtain specific information or perform limited transactions on their accounts. This policy is intended to provide guidelines for the website.
2. Description of the Website
The credit union website is divided into functional categories: transactional and informational. The following table summarizes significant differences.
3. Permissible Information on the Site
The transactional website will display member account information and personal data. Limited space on the website will be available for marketing messages related to the credit union.
The informational website may display a wide assortment of general information about the credit union, such as services, rates, contact information, current promotions, etc. Other information that can improve the members financial well-being such as ID theft prevention, savings tips, money management techniques, etc may be placed on the website. In order to encourage member browsing the credit union may include other types of materials that may be of interest to the member. Material which a reasonable person would consider offensive or in poor taste should not be placed on the website
4. Links to Other Websites
Links to other websites must be approved by the manager. Such links should support the purposes of the credit union as described in these guidelines. Website whose content would not meet the guidelines for permissible information on the credit union’s website should not be linked to.
5. Website monitoring
The manager is responsible for monitoring the website to insure they are in working order and that there have been no unauthorized alterations. All members, employees, and volunteers should be encouraged to report anything suspicious to the credit union immediately.
6. Website Changes
Credit union initiated changes to the transactional website must be approved by the manager. Since it is likely that any custom changes would result in programming fees, the Board may be required to approve that cost of any changes that exceed the manager’s authorized expenditure limit set at the Organizational Meeting.
Any changes to the informational website must be approved by the manager. A simple log should be kept of all changes to the website.
7. Compliance with COPPA
The Children’s Online Privacy Protection Act (COPPA) and the implementing regulations contained in 16 C.F.R. Part 312 require certain procedures in protecting the privacy of children where a website collects personal information from children under the age of 13. The credit union does no collect such information on its websites. Therefore, COPPA is not applicable to this credit union’s website.
8. Other Guidelines
As with all policies, elements of this policy may not conform to past practice. Decisions made prior to the approval of this policy are not to be judged by the standards of this policy. This policy should be reviewed periodically and changes made as warranted. This policy is effective upon approval by the Board of Directors
Adopted on the 7th day of April 2012.
President Manager and Treasure