Chandler, Ariz. (MAY 21, 2006) – According to the Federal Trade Commission, Colorado ranks fifth in the U.S. for the second straight year in ID Theft complaints. Last year, ID theft increased in Colorado by 2.8% (national average was 1%), however in the Denver/Aurora area, the crime increased nearly 8%. Now a Colorado credit union has become the first in the state to offer a preventative solution to the problem.
Space Age Federal Credit Union, headquartered in Aurora and serving the financial needs of 15,000 members nationwide, has decided to offer its members the LifeLock preventative ID theft service immediately. LifeLock is the nation’s first and only ID theft prevention service and backs it up with a $1 million guarantee.
"Space Age continually seeks out leading-edge products and services that satisfy our members' needs and provides them with a great sense of security," said John Faries, Vice President of Accounting and Marketing. “With the ID theft epidemic hitting millions of people across the country, Space Age needed a product that lived up to the Credit Union's high standards, and met the needs of Space Age members. We believe that, in today's technologically advanced world, it is imperative that financial institutions give members/customers the tools necessary to protect their identities. After researching ID theft products currently available, LifeLock was the only proactive product on the market."
LifeLock, based in Chandler, Arizona, does the prevention work by maintaining active fraud alerts with the three major credit bureaus as well as ChexSystems. The LifeLock system makes personal information useless to everyone but the rightful owner. Every time someone attempts to open credit, change an address or make changes to bank accounts, LifeLock is there to ensure the right person is making the request.
Also unique to other products on the market, LifeLock removes a member’s name from solicitation lists and junk mail, eliminating a primary target of ID thieves – the pre-approved credit offer. Best of all, the LifeLock system is backed by a $1 million guarantee to completely fix any problems if a client was ever compromised.
“Space Age Credit Union is now the first in the state to offer their members our preventative ID theft service,” said LifeLock CEO Todd Davis. “This partnership truly shows how Space Age cares about the financial and personal needs of their members, and what they will consider to guarantee their well-being.”
For more on Space Age Credit Union or LifeLock, go to www.spaceagefcu.coop or www.lifelock.com.
with the most advanced Identity Theft Protection system available!