The directors, management, and staff of Maspeth Federal Savings are concerned about and respect the privacy of customers'/consumers' personal financial information. We understand that our customers furnish sensitive information to the bank in the course of daily business, and the bank is committed to treating such information responsibly. We know that our customers expect privacy and security for their personal and financial affairs.
At Maspeth Federal we collect nonpublic, personal information about you from many sources, including the following:
Nonpublic, personal information does not include that which is available from government records, widely distributed media, or government-mandated disclosures.
The bank does not now, nor does it intend in the future, to disclose any personal financial information to any nonaffiliated or affiliated third party. By law the bank may disclose certain personally identifiable information without allowing consumers the right to opt out of the bank's sharing agreements in the following circumstances:
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 customers. All department managers will inform employees about the importance of confidentiality and customer 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 customer 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 customers and give them an appropriate time period to opt out of the disclosure.