Lady using her smartphone in her home

Privacy Notice


What Does First Watch Federal Credit Union Do With Your Personal Information?

Rev. Date 9/14

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
  • Account balances
  • employment information
  • income
  • transaction or loss history
  • payment history and credit scores
When you are no longer our customer, 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 member's personal information; the reasons First Watch Federal Credit Union chooses to share; and whether you can limit this sharing.
Reasons We Can Share Your Personal Information Does First Watch FCU 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 Yes
For our affiliates' everyday business purposes –
information about your transactions and experiences		 No We Do Not Share
For our affiliates' everyday business purposes –
information about your creditworthiness		 No We Do Not Share
For nonaffiliates to market to you No We Do Not Share
To limit our sharing Please note: If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.
Questions? Call us at 1-325-670-2429
Visit us online: https://myfwcu.org/legal/privacy-notice
Who We Are
Who is providing this notice? First Watch Federal Credit Union
What We Do
How does First Watch FCU protect my 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 First Watch FCU collect my information? We collect your personal information, for example, when you
 
  • Open an account
  • pay your bills
  • make deposits or withdrawals from your account
  • 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.
  • First Watch FCU has no affiliates.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
  • First Watch FCU 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.
  • Our joint marketing partner is an insurance company.
Other Important Information
When First Watch FCU provides information to a nonaffiliate for joint marketing purposes, we require a written agreement in which they agree to adhere to privacy principles and standards consistent with those of First Watch FCU.