Birmingham, AL, April 21, 2006: Identity theft remains the number one concern among consumers contacting the Federal Trade Commission. Legacy Community Federal Credit Union has decided to be proactive and do something about it.
After extensive research on ID theft products, Legacy decided to sign with LifeLock because it was the only company they could find that actually prevents ID theft from happening rather than coming into effect after the crime has occurred.
"Legacy has always been known as a strong and secure financial institution and we're simply taking that a step further by offering LifeLock" President and CEO, Joe McGee, said. "Being a community credit union, we're concerned with what the community's needs are. We've seen the stats that show that the #1 concern among consumers is identity theft so we're addressing that concern by providing a product that prevents it rather than reimbursing them after the fact. We want consumers to know that by building their financial legacy with Legacy Community Federal Credit Union they won't have to be concerned with security issues."
Michele Willis, Director of Marketing and Business Development, for Legacy said, "I think there has been too much talk and not enough action regarding identity theft. This is something that is very near and dear to my heart as it has hit my family personally. I know a lot about this topic, unfortunately, because of a personal experience several years ago that never would have happened if we had LifeLock back then."
Legacy is offering LifeLock through their website, www.legacycreditunion.com, or interested consumers can also come by any of their 11 area branches or call 205-930-5001 locally for more information.
"We are extremely proud to partner with Legacy to provide members true preventative identity theft protection," said LifeLock CEO Todd Davis. For 50 years Legacy has made decisions to protect the financial security of its members. This partnership takes that tradition of security to an unprecedented level and sends the message that Legacy Credit Union will always do what it takes to provide members the best services.
About Legacy: Legacy opened its doors as University Federal Credit Union in 1955 to serve the UAB community. After serving the education and healthcare industries for over 50 years, the credit union expanded their field of membership to include the 7 county Greater Birmingham Hoover Metropolitan Statistical Area and implemented the name change at the beginning of 2006. Now anyone who lives, works, worships or attends school in Jefferson, Shelby, Bibb, Chilton, Walker, Blount and St. Clair counties is eligible for membership.
About LifeLock: LifeLock, based in Chandler, Arizona, is the only ID theft prevention company with proof of stopping the crime. Using a system of "locks" on a consumer's identity in such a way that it cannot be used by anyone except its rightful owner, LifeLock sets and maintains alerts, force banks to contact people directly before issuing credit and removing a member from pre-approved credit card and junk mail lists. LifeLock is so sure that its system is effective that there is a $1 million guarantee to cover any expenses and legal fees if a problem ever did occur.
LifeLock also offers the only program in the U.S. to protect children (16 and under), the only program to assist victims of hurricanes Katrina and Rita, and the only program to help those hit by the recent tornados around the nation. More information can be found at www.LifeLock.com.
with the most advanced Identity Theft Protection system available!