 |
|
 |
|
NOTICE OF YOUR FINANCIAL PRIVACY RIGHTS
We, our and us, when used in this notice mean Westfield Bank. This is our privacy notice for our customers. When we use the words "you" and "your" we mean the following types of customers:
All of our consumer customers who have a continuing relationship with us, such as:
Deposit account
Loan account
Safe deposit box
We will tell you the sources for nonpublic personal information we collect on our customers. 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 or controlled by the same company that owns or controls us. Ownership does not mean complete ownership, but means owning enough to have control.
A nonaffiliated 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 nonaffiliated third parties
Information from a consumer reporting agency
THE CONFIDENTIALITY, SECURITY AND INTEGRITY OF YOUR 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 standards to guard your nonpublic personal information.
NONPUBLIC PERSONAL INFORMATION AND NONAFFILIATED THIRD PARTIES
We will not disclose nonpublic personal information about you to anyone except as disclosed in this policy or as permitted by law.
NONPUBLIC PERSONAL INFORMATION AND FORMER CUSTOMERS
We do not disclose nonpublic personal information about former customers, except as permitted by law.
AUTHORIZED SHARING - JOINT MARKETING
We may disclose the following information to other financial institutions with whom we have joint marketing agreements:
Nonpublic personal information about your transactions with nonaffiliated third parties, such as
Name
Address
Loan Account Balances
Types of accounts (other than deposits)
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
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 customers with information about additional products and services
Limitations on Disclosure
Here are the limitations we impose on the use of nonpublic personal information disclosed to other financial institutions with whom we have joint marketing agreements:
· We only allow direct mail solicitations
· We do not allow telephone solicitations
NONPUBLIC PERSONAL INFORMATION AND AFFILIATES - FUTURE CHANGES
In the future, we may disclose nonpublic personal information about you to affiliates, even though we are not doing so now. Here are the kinds of nonpublic personal information we may disclose to our affiliates:
Transaction and experience information from our account records:
Information about your transactions and experience with us, such as
Name
Address
Account balances
Types of accounts
Federal law allows us to disclose the information listed above with our affiliates. You do not have the right to opt out of the disclosure of this information.
Types of Affiliates
We may disclose nonpublic personal information about you in the future to the following types of affiliates:
Financial service providers, such as
Mortgage Bankers
Securities broker-dealers
Insurance Agents
Reasons for Disclosure
Here is why we may disclose nonpublic personal information about you in the future to our affiliates:
· To provide our customers with information about additional products and services
Limitations on Disclosure
Here are the limits we would impose on the use of nonpublic personal information disclosed to affiliates:
We only allow direct mail solicitations.
We do not allow telephone solicitations.
Please contact us if you have any questions or concerns regarding our privacy policy.
USA PATRIOT ACT
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you.
• When you open the account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.
• We may also ask to see your driver’s license or other identifying documents.
We thank you for your understanding and for joining us in securing a safer tomorrow
|
| | |
|