Privacy Policy
DuPont Fibers Federal Credit Union is owned by its members and run by a board of directors you elect. DFFCU is committed to providing financial products and services that will enable our members to meet their financial needs and reach their financial goals.
We are required by law to give you this privacy notice to explain how we collect, use and safeguard your personal financial information. You can be confident that protecting your personal information and using it in an appropriate manner is a high priority for DFFCU and everyone associated with our Credit Union.
In our commitment to provide you with competitive products and services to meet your financial needs, it is necessary that we share information about you to complete your transactions and to provide you with certain financial opportunities. In order to do so, we have entered into agreements with other companies that provide either services to us or additional products for you to consider.
Under these arrangements, we may disclose all of the information we collect, as described below, to companies that perform marketing or other services on our behalf, to other financial institutions with whom we have joint marketing agreements, or to other financial services providers. Examples of companies that we have contracted with include mailing companies, marketing companies, consumer reporting companies, and insurance companies. Examples of financial service providers include credit card processors, shared service centers, and ATM networks. We partner only with businesses that follow strict confidentiality standards and limit the use of information we provide. Under no circumstances do we authorize these firms to charge a member’s account without their express consent and we do not permit these companies to sell or disclose to other third parties the information we provide to them.
Information We Collect And Disclose About You
We collect and may disclose nonpublic personal information about you from the following sources:
- Information we receive from you on membership and loan applications and other forms;
- Information about your transactions with us or others;
- Information we receive from a consumer reporting agency;
- Information obtained when verifying the information you provide on an application or other forms, such as from your current or past employers or from other institutions where you conduct financial transactions.
We may also disclose information we collect about you under other circumstances as permitted or required by law. These disclosures typically include information to process transactions on your behalf, conduct the operations of our credit union, follow your instructions as you authorize, protect the security of our financial records, or in response to legal process.
If you terminate your membership with DuPont Fibers Federal Credit Union, we will not share information we have collected about you, except as permitted or required by law.
How We Protect Your Information
We restrict access to nonpublic personal information about you to those employees who have a specific business purpose in utilizing your data. Our employees are trained in the importance of maintaining confidentiality and member privacy. We maintain physical, electronic, and procedural safeguards that comply with federal regulations and leading industry practices to safeguard your nonpublic personal information.
Approved by Board of Directors, February 27, 2001
