Privacy Policy

Rev. 4/13

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 –
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or to report to credit bureaus

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.
- Westex Federal Credit Union does not share with our nonaffiliates so they can market to you

Joint Marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.- Our joint marketing partners include CUNA Mutual Group’s MEMBERCONNECT

 

 

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