Privacy Policy

Your Personal Information is Safe with Us

You provide important information about yourself to a variety of businesses and organizations. In fact, when you do business with our financial institution, you're asked to provide us with personal information. This information is important because it helps us get a better picture of your needs, provide better service, and complete your transactions more effectively.

We take every measure to safeguard the information you give us. We have no intention of selling that personal information to third-party businesses. The following policies outline how we use and safeguard the information you give us. For this reason, we ask you to please read them carefully.

Notice of Your Financial Privacy Rights

"We", "our", and "us" refers to Webster First Federal Credit Union.

This is our privacy notice for our members. When we use the words "you" and "your" we mean the following types of members:

All of our consumer members who have a continuing relationship with us, such as:

• Deposit account
• Loan account
• Credit card
• Safe deposit box
• Self-directed Individual Retirement Account where we act as custodian or trustee
• Debit/ATM card

We will tell you the sources for nonpublic personal information we collect on our members. We will tell you what measures we take to secure that information.

We first define some terms.

Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records.

An affiliate is a company we own or control, a company that owns or controls us, or a company that is owned and controlled by the same company that owns or controls us.

A nonaffiliate third party is a company that is not an affiliate of ours.

The Information that We Collect

We collect nonpublic personal information about you from the following sources:

• Information we receive from you on applications or other forms
• Information about your transactions with us
• Information about your transactions with our affiliates
• Information about your transactions with nonaffiliated third parties
• Information from a consumer reporting agency

Information We Disclose About You

We do NOT disclose any nonpublic personal information about you to anyone, except as permitted by law. Information may be shared with third parties, affiliated or nonaffiliated, pertaining to loans, mortgages, and lines of credit.

The Confidentiality, Integrity and Security of Our Nonpublic Personal Information

We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.

Nonpublic Personal Information and Former Members

We do not disclose nonpublic personal information about former members, except as permitted by law.

Authorized Sharing- Joint Marketing 

We may disclose the following information to other financial institutions with whom we have marketing agreements:

• Nonpublic personal information we receive from you on an application or other forms, such as
  • Name
  • Address

Federal law allows us to disclose the information listed above with other financial institutions with whom we have joint marketing agreements. You do not have a right to opt out of the disclosure of this information. We may also disclose nonpublic personal information about you to nonaffiliated third parties as permitted by law.

Types of Businesses.

Here are the types of businesses with whom we may disclose nonpublic personal information under this section

• Financial service providers, such as
  • Insurance agents
  • Credit card providers

Reasons For Disclosing.

Here is why we may disclose nonpublic personal information about you to other financial institutions with whom we have joint marketing agreements.

• To provide our members with information about additional products and services