Plaid is a technology service that helps you connect eligible financial accounts to supported apps and services. When you choose to connect an account, Plaid helps establish the connection so information can be shared for the service you selected. Plaid is not a bank and does not replace your Armco Credit Union account.

If you are connecting outside accounts to your Armco Checking Acount:
You may see Plaid when using an Armco CU feature that asks you to connect an account at another financial institution. Plaid helps connect or verify that external account for the feature you selected. Account eligibility and availability vary.

If your are connecting your Armco Checking Account to outside apps:
You may see Plaid when a supported outside app or financial service asks you to connect your Armco CU account. Plaid helps establish the connection requested through that service. Available accounts and features depend on the app and connection.

Depending on the financial institution, account type, app or service, and Plaid products in use, you may be able to connect eligible checking or savings accounts and supported services used for payments, budgeting, saving, investing, and other money-management activities. Availability and features vary.

Example: money at another bank
Suppose you keep savings at another bank or credit union. If your account, that institution, and the feature you are using are supported, Plaid may help verify and connect the account. Any available transfer features are offered by Armco CU or the connected app or service and are subject to their terms and limits.

Example: a payment app
If a supported payment app offers Plaid as a connection option and your Armco CU checking account is eligible, you may be able to select Armco CU, authenticate your account, and review and approve the information you permit to be shared. What the app can do after the connection depends on that service.

Example: a budgeting app
A supported budgeting service may use Plaid to connect to account information you authorize, such as balances or transactions, so the service can help organize your financial picture without you entering every transaction manually. Availability depends on your institution, account type, and the service.

Example: an investing or savings service
Some supported investing or savings services use Plaid to help connect an eligible financial account for features the service offers, such as deposits, withdrawals, or account information. The exact features depend on your institution, account type, and the service.

Connecting an account does not, by itself, initiate a transfer. Any available transfer features, timing, fees, and limits depend on Armco CU or the app or service providing them.

Plaid uses encryption and other security controls designed to help protect financial information during the connection process. Account connections begin with your permission. You choose which eligible account to connect and review and approve the information you permit to be shared.

ou can manage supported Plaid connections through Plaid Portal. The connected app or service may also offer a disconnection option. Disconnecting an account does not necessarily delete information already collected or cancel scheduled payments. Check with the service about data deletion and any active payment instructions.

Review Plaid’s End User Privacy Policy, along with the privacy notices provided by Armco CU and the connected app or service. These explain how the respective organizations collect, use, and handle information.