Privacy Policy

What Does WCTFCU Do With Your Personal Information?

Why?
At WCTFCU, we believe the confidentiality and protection of member information is one of our fundamental responsibilities. And we recognize that one of our most important assets is our members’ trust. Thus, safekeeping your information is a priority for us. We want to assure you that whenever information is shared, it is done with discretion. We want you to know what information we collect about you and how this information might be shared.

As a consumer, federal law gives 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 how we handle your personal information.

What?
We collect nonpublic information about you from some or all of the following sources:

  • Information we receive from you on applications and other forms, such as your name, address, social security number, assets and income.
  • Information about your transactions with us, such as your account balance, payment history, parties to transactions and credit card usage and
  • Information we receive from a consumer reporting agency, such as your creditworthiness and credit history.

How?
All financial companies need to share customer’s personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customer’s personal information. Please note for each reason whether we share your information and whether you have the option to limit sharing.

Reasons we can share your nonpublic personal information
  Do We 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 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. No We do not share for this reason.
For our affiliates “everyday business purposes” - Information about your transactions and experiences. No We do not share for this reason.
For our affiliates “everyday business purposes” - Information about your creditworthiness. No We do not share for this reason.
For non-affiliates to market you No We do not share for this reason.

To limit our sharing
Please Note: If you are a new member, we can begin sharing your information one day from the date we sent this notice, as described above. When you are no longer our member, we continue to share your information as described in this notice. You can contact us at any time to limit our sharing.

Opt Out
If you prefer that we do not disclose public information about you to nonaffiliated third parties, you may opt out of these disclosures. That is, you may direct us not to make those disclosures (other than disclosures permitted by law). Non-member joint account holders, co-borrowers and guarantors may exercise this right to opt out. For joint account holders, we will treat an opt-out request as applying to everyone listed on the account unless you direct us otherwise.

If you wish to opt out of our disclosures to nonaffiliated third parties, you may call the credit union at 203-758-9500 or toll free at 800-992-2226. You can mail your request to us at Waterbury Connecticut Teachers Federal Credit Union, PO Box 2121, Waterbury CT 06722.

Questions?
Call 203-758-9500 or 800-992-2226 or go to http://www.wctfcu.com

What we do

How does WCTFCU protect my financial 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 lines and buildings.

To safeguard member information, including online banking, WCTFCU uses stateof- the-art security measures and advanced management controls to secure , audit and manage confidentiality.

How does WCTFCU collect my personal information?
We collect nonpublic information about you from some or all of the following sources:

  • Information we receive from you on applications and other forms, such as your name, address, social security number, assets and income.
  • Information about your transactions with us, such as your account balance, payment history, parties to transactions and credit card usage and
  • Information we receive from a consumer reporting agency, such as your creditworthiness and credit history

Why can’t I limit all sharing?
Federal law gives you the right to limit sharing only for:

  • affiliate's everyday business purposes-information about your creditworthiness.
  • affiliates from using your information to market to you.
  • non-affiliates to market to you.

What happens when I limit sharing for an account I hold jointly with someone else?
If you have a joint account, a request by one party will apply to the entire account.

Definitions

Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
WCTFCU does not share your information with our affiliates.

Non-affiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
WCTFCU shares your information with CUNA Mutual Insurance Society so that they can market insurance products to you.

Joint Marketing
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
WCTFCU does not jointly market.