Privacy Policy
Maspeth Federal Savings and Your Personal Information
FACTS | WHAT DOES MASPETH FEDERAL SAVINGS & LOAN ASSOCIATION DO WITH YOUR PERSONAL INFORMATION? |
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| 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:
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| How? | All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Maspeth Federal Savings chooses to share; and whether you can limit this sharing. |
Reasons we can share your personal information | Does Maspeth Federal Savings & Loan Association 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 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 our nonaffiliates to market to you | No | We do not share |
Questions? |
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Call (718) 335-1300 or go to www.maspethfederal.com |
What We Do | ||
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| How does Maspeth Federal Savings & Loan Association 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. We also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access is appropriate. | |
| How does Maspeth Federal Savings & Loan Association collect my personal information? | We collect your personal information, for example, when you
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
State laws and individual companies may give you additional rights to limit sharing. | |
Definitions | ||
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| Affiliates | Companies related by common ownership or control. They can be financial and non-financial companies.
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| Nonaffiliates | Companies not related by common ownership or control. They can be financial and non-financial companies.
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| Joint Marketing | A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
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Safeguarding Member Information
The bank will implement procedures that limit employee access to personally identifiable information to those employees with a business reason to know such information about our members. All department managers will inform employees about the importance of confidentiality and member privacy through department standard operating procedures, special training programs, and our ethics policy. Bank management is directed to take appropriate disciplinary measures to enforce employee privacy responsibilities.
Bank management is directed to maintain security standards and procedures to help prevent unauthorized access to confidential information about customers. The bank will update and test the technology on an ongoing basis to ensure the protection and integrity of member information.
If we change our policy or practice by, for example, adding a category of information that we will disclose to a third party, we will notify existing members and provide an appropriate time period to opt out of the disclosure.
