What does Northwest 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 income
- Account balances and payment history
- Credit history and credit scores
How?
All financial companies need to share their 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 Northwest Federal Credit Union chooses to share; and whether you can limit this sharing.
Reason we can share your personal information |
Does Northwest 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 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 | No |
| For our affiliates’ everyday business purposes – information about your creditworthiness | No | We don’t share |
| For our affiliates to market to you | Yes | Yes |
| For nonaffiliates to market to you | No | We don’t share |
To limit our sharing
Call 703-709-8900 (844-709-8900 toll-free)
Visit us online: www.nwfcu.org
Mail this form
Please note:
If you are a new member, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our member, we continue to share information as described in this notice. However, you can contact us at any time to limit sharing.
Questions?
Call 703-709-8900 (844-709-8900 toll-free) or go to www.nwfcu.org.
Who We Are
Who is providing you this notice? Northwest Federal Credit Union
What We Do
How does Northwest 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 Northwest Federal Credit Union collect my personal information?
We collect your personal information, for example, when you:
- open an account or deposit money
- pay your bills or apply for a loan
- use your credit or debit card
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 laws and individual companies may give you additional rights to limit sharing.
What happens when I limit sharing for an account I hold jointly with someone else?
Your choices will apply to everyone on your account.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
Our affiliates include NW Capital Management LLC, NW Insurance Agency LLC, Northwest Financial Advisors LLC, and Northwest Title & Escrow LLC.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
Northwest Federal Credit Union does not share with 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.
Northwest Federal Credit Union’s joint marketing partners include financial services companies.
Other Important Information
Once you opt out, you will remain opted out and do not need to opt out again. If at any time you wish to change your opt out status, please contact us.