Identity Theft Protect Your Members With Our Affordable Identity Theft Solution Victims of identity theft spend an average of 40 hours and more than $400 to restore credit and identification information. Users of financial services are understandably concerned by recent large-scale thefts of personal information. PSCU Financial Services’ affordable and comprehensive identity theft solution delivers peace of mind for your members with turnkey solutions and support to your Credit Union in meeting FACTA compliance requirements. Our Identity Theft solution can be offered several ways. The Blanket program provides a low-cost way to offer complementary identity theft protection for your members. Basic coverage includes: an assigned recovery advocate that assesses damage, creates a recovery plan that includes the use of limited power of attorney, and corrects all incidents of fraud. This plan also provides 12 months of post-recovery follow-up. The CLUB program offers the same Managed Identity Recovery Services described above, but the benefit also extends to the member’s family, children under 25 and parents in the same household. Advanced coverage adds continuous credit monitoring with weekly alerts that identify account activity, educational materials and identity theft insurance of up to $10,000 in reimbursement expenses. Customizable marketing materials including lobby posters, brochures, and statement inserts are available to all subscribing credit unions. The identity theft solution from PSCU Financial Services offers several competitive advantages including: managed recovery, coverage of identity theft events that occurred before enrollment and no exclusion for identity theft by family members. And, credit unions receive fee income for all enhanced coverage subscriptions. In addition, we can supplement your Red Flag Strategy, by providing a written plan template, a gap analysis, as well as employee education and training. Click here, to read current press release.