Rev. 10/15
PRIVACY POLICY
WHAT DOES WESTEX FEDERAL CREDIT UNION DO WITH YOUR PERSONAL INFORMATION?
Why?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What?
The types of personal information we collect and share depend on the product or service you have with us. This information can include:
– Social Security number and account balances
– credit history and credit scores
– transaction history and wire transfer instructions
When you are no longer our member, we continue to share your information as described in this notice.
How?
All financial companies need to share members’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their members’ personal information; the reasons Westex Federal Credit Union chooses to share; and whether you can limit this sharing.
|
Reasons we can share your personal information: |
Does Westex Federal Credit Union share? |
Can you limit this sharing? |
|
For our everyday business purposes – |
Yes |
No |
| For our marketing purposes – to offer our products and services to you |
Yes |
No |
| For joint marketing with other financial companies |
Yes |
No |
| For our affiliates’ everyday business purposes – information about your transactions and experiences |
Yes | We don’t share |
| For our affiliates’ everyday business purposes – information about your creditworthiness |
No | We don’t share |
| For our affiliates to market to you | No | We don’t share |
| For nonaffiliates to market to you | No | We don’t share |
| What We Do: | |
| How does Westex Federal Credit Union protect my personal information? | To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. |
| How does Westex Federal Credit Union collect my personal information? | We collect your personal information, for example, when you – open an account or make a wire transfer – show your government-issued ID or apply for financing – give us your contact information We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. |
| Why can’t I limit all sharing? | Federal law gives you the right to limit only – sharing for affiliates’ everyday business purposes – information about your creditworthiness – affiliates from using your information to market to you – sharing for nonaffiliates to market to you State law and individual companies may give you additional rights to limit sharing. |
| Definitions: | |
| Affiliates | Companies related by common ownership or control. They can be financial and nonfinancial companies. – Westex Federal Credit Union has no affiliates. |
| Nonaffiliates |
Companies not related by common ownership or control. They can be financial and nonfinancial companies. |
| Joint Marketing |
A formal agreement between nonaffiliated financial companies that together market financial products or services to you. |
3rd Party Websites
WesTex Federal Credit Union has provided these links because it provides additional information that may be useful or interesting. By clicking on any external link, you will be leaving WesTex Federal Credit Union’s website and enter a website hosted by another party. We do not provide, and are not responsible for, the product, service or overall website content available at this third-party website. We do not represent either the third party wesbite or the member if the two enter into a transaction. Our privacy policies do not apply to these websites and you will need to consult the privacy policies of these third party sites for further information.
Questions? Call 1-806-765-5701