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ABOUT US
The organizational meeting of LCA Federal Credit Union was held on December 17, 1956. Thirty eight potential members attended along with the nine members that incorporated the credit union idea. Officers were elected and guidelines were established. The first Directors meeting was held immediately after the organizational meeting. The maximum amount for unsecured loans was set at $25.00 and the maximum shares that can be held per individual was established at $500.00. Membership was offered to employees of Lithium Corporation of America and the credit union was located on the plant site. As Lithium Corporation grew and acquired subsidiaries; the field of membership grew to include these groups.
The name of the credit union changed to Lithium Federal Credit Union on March 1, 2004. The name change was requested in an effort to offer membership to local companies in the area. Member expansion was achieved in 2004 with the addition of five outside SEG groups joining the Credit Union. The Credit Union continues to add SEG groups in insure growth.
Who is eligible to join Lithium Federal Credit Union?
Employees or members of:
- FMC Corporation
- Grace Lutheran Church
- Buckeye Fire Equipment
- Manufacturing Services
- Advanced Drainage Systems
- Metso Minerals
- Parker Hannifin
- Patrick Yarn Mills
- Bessemer City Machine
- City of Bessemer City
- Cedwick Sign Works
- Sign Connection
- Grandma Hoyt’s
- Lukjan Metal Products
Also eligible are any family members (mother, father, sisters, brothers, aunts, uncles, cousins or members of household) of any employee of above stated companies.
Privacy Statement:
Lithium FCU 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 for everyone associated with our credit union.
As a member of Lithium FCU, you also have a responsibility to safeguard your financial institution.
To ensure that you rely upon the quality of products and services we make available, Lithium FCU stands behind the following privacy policy:
- Lithium FCU will collect only the personal information that is necessary to conduct our business. That means just what is necessary to provide competitive financial products and services.
- Lithium FCU will protect your personal information. We will maintain strong security controls to ensure that member information in our files and computers are protected. Where appropriate, we will use security coding techniques to protect against unauthorized access to personal records, ensure accuracy and integrity of communications and transactions, and protect member confidentially.
- You will always have access to your information. As a member, you will always have the opportunity to review your information and make necessary changes to ensure that our records are complete and accurate.
- Lithium FCU will only share information when absolutely necessary. We will only share information to administer the products and services we provide when required to do so by the government or when we partner with other businesses to offer a broader array of products and services.
- Lithium FCU will partner only with businesses that follow strict confidentially requirements. The businesses we select will offer products designed to enhance our members’ economic well being. Under no circumstances will we authorize these firms to charge your account without your consent and we will not sell member information to telemarketing firms.
- Lithium FCU will offer you a choice in how your information is used. Any member may elect to keep information from being shared with our business partners. At least once a year, we will remind all members of their right to choose to opt out of sharing their information. To opt out, please inform the CU in writing at 1111 Bessemer City-Kings Mountain Hwy, Bessemer City, N.C. 28016 or email us at credun@bellsouth.net.
- If you close your account or your membership becomes inactive, we will continue to treat the information we have collected about you in accordance with this Notice.
OUR COMMITTMENT:
We will continue to maintain our dedication to protecting your privacy. Should you have questions concerning our Notice, you may call 704-868-0890 between the hours of 9:00 am and 5:00 pm, Monday thru Friday.
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