Mountain West Credit Union Association, Vero announce strategic partnership
DENVER, CO & SCOTTSDALE, AZ (January 20, 2015) — The Mountain West Credit Union Association (MWCUA) has finalized a strategic partnership agreement with Vero, a leading provider of identity theft and data breach protection and recovery services to the credit union industry. The MWCUA currently has 132 credit unions in three states, Colorado, Arizona and Wyoming. The combined membership of all 132 credit unions in the region is 3.1 million members and $33 billion in assets.
“Protecting the identity of the members of our region’s credit unions is a top priority,” said Mike Atchison, Senior Vice President of Credit Union Relations for the MWCUA. “We are committed to help combat the growing threat of identity fraud, and this partnership with Vero makes great sense. Vero has unique expertise with both their identity recovery services and their focus on credit union industry solutions, making them a great fit with our member credit unions.”
Vero has provided identity fraud solutions to hundreds of credit unions and thousands of customers since 2004. The organization’s flagship solution, IDProSelect, is a fully managed identity theft recovery service for members that also protects credit unions from data breaches and helps them comply with data breach regulations. IDProSelect protects credit union members from any form of identity theft or fraud events, including medical, financial, tax, credit card and social security fraud.
“Partnering with the association allows us to reach more credit unions in the region and their members at a time when it is critical to have top quality ID theft & fraud recovery services,” said Jim McCabe, Vero’s Senior Vice President of ID Theft Services. “The 2015 projection for data breach activity is unfortunately more of what we saw in 2014 or worse, so now is the time for credit unions to follow the leagues focus on protective services. And this partnership will create the opportunity for Vero ID theft and data breach protective services to reach credit union members with the best value proposition available.”
To learn more about VERO and their suite of protective services for credit unions, visit www.verocusolutions.com
About the Mountain West Credit Union Association
The Mountain West Credit Union Association is the regional tri-state trade association representing 132 member credit unions, 3.1 million credit union members and $33 billion in assets throughout Arizona, Colorado and Wyoming. Not-for-profit in nature, credit unions provide low-cost financial services to their members. Founded in 2011, the Mountain West Credit Union Association serves and supports the interests of member credit unions through advocacy, community outreach, education and training, public affairs, regulatory and compliance services and strategic partnerships. The Mountain West Credit Union Association is affiliated with Credit Union National Association (CUNA), World Council of Credit Unions (WOCCU) and CUNA Mutual Group. Follow us on twitter at twitter.com/mwcua or on Facebook at facebook.com/mwcua. To learn more about credit unions visit AsmarterChoice.org.
Vero provides a unique suite of ID Theft and Data Breach Recovery solutions to credit unions, which also allows for the generation of non-interest income. Vero works in conjunction with reliable, longstanding industry partners. Unlike most ID theft companies, our providers support credit unions and their members with the “ultimate safety net” of fully managed recovery & restoration for any form of ID theft or fraud.