Confidentiality Policy Template for Credit Unions

This Policy describes the expectations for all Board members, officers, Board-level Committee members, Supervisory or Audit Committee members (together, the Volunteers) regarding confidentiality, as well as the agreed upon exceptions to this Policy. Pursuant to their legal duties of care, loyalty and obedience, and in accordance with the requirements of the Credit Union’s Code of Ethics, the Volunteers are each, individually, required to protect and hold confidential (a) information entrusted to them by the Credit Union, its members, partners, vendors or others related to the Credit Union’s operations and (b) all non-public information obtained by them due to their position with the Credit Union, absent the express or implied permission of the Board or Chief Executive Officer (CEO) to disclose such information.