NARFE Premier Federal CU selects LifeLock for ID theft protection

Source: LifeLock

LifeLock CEO Todd Davis announced today that NARFE Premier Federal Credit Union selected LifeLock for their employees and members.

Members of NARFE Premier will receive 30 days free and 10% off for life.

"This partnership is significant due to the commitment NARFE Premier Federal Credit Union has made for its employees and members," said Davis. "The added benefit means that they will no longer need to worry about problems stemming from identity theft or what personal information might be out there. This is the kind of preventative measures all companies should be taking for their employees and the people they serve."

Located in a secure facility in Tempe, Arizona, LifeLock enables "locks" by setting and automatically renewing fraud alerts with the major credit bureaus, removing member names from pre-approved credit card offers and junk mail lists and guaranteeing the service a $1 million service guarantee. Recently, LifeLock added an additional service to all clients - free of charge - called WalletLock. WalletLock works to cancel and replace all documents and personal identifying information inside a wallet if it is lost or stolen.

In February, the Federal Trade Commission (FTC) released its annual report highlighting that for the seventh consecutive year, identity theft tops the list of consumer complaints. More than 225,000 complaints were filed in 2006, a number that experts believe is vastly underrated due to the number of complaints that go unreported. In 2006 alone, identity theft cost Americans $1.1 billion dollars, the highest amount ever.

"NARFE Premier FCU wanted to do more than tell members to protect themselves. Working with LifeLock we're actually doing something about identity theft. Most programs will only tell you there's been a problem whereas LifeLock keeps it from happening at all," said Todd Hoepker, Senior Vice President.

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