Privacy Policy

NOTICE OF FINANCIAL PRIVACY RIGHTS

The Norwood Town Employees’ Federal Credit Union will provide each member and
joint member with an Initial Privacy notice at the time that the membership card is signed.
Annual Privacy Notices will be provided to each member in their First Quarter Statements.
Notice of changes in privacy policies will be mailed with the member statements in the
subsequent statement mailing.

INFORMATION WE COLLECT
We collect nonpublic information about you from the following sources:

  1. Information we receive from you on applications or other forms:
  2. Information obtained when verifying the information you provide on an
    application or other forms. This may be obtained from your current of former
    employers, or from other institutions where you conduct financial transactions.
  3. Information we receive from a consumer credit reporting agency.
    OUR SECURITY MEASURES
    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 regulations to guard your
    personal information.
    NON-PUBLIC PERSONAL INFORMATION ABOUT FORMER MEMBERS If you
    decide to terminate your membership with the Norwood Town Employees’ Federal Credit
    Union, we will not share information we have collected about you, except as may be
    permitted or required by law.
    INFORMATION WE SHARE
  4. Information about you in response to a court order.
  5. Your payment history on loans to credit bureaus
  6. Service providers hired by The Norwood Town Employees’ Federal Credit
    Union to provide specific services.
    The consumer privacy rule does not limit or supersede the operation of the FCRA (Fair
    Credit Reporting Act.

Norwood Town Employees Federal Credit Union 2025