Founders Bank Selects LifeLock to Provide Identity Theft Protection to Customers | Reuters

2 months ago i wrote a proposal for River city Bank to do the very same with IDTrust. I forwarded this same letter to Wells Fargo, ...and lo and behold..


Founders Bank Selects LifeLock to Provide Identity Theft Protection to Customers | Reuters: TEMPE, Ariz.--(Business Wire)--LifeLock CEO Todd Davis announced today that Founders Bank has
selected LifeLock, the industry leader in identity theft prevention to
protect their customers. With identity theft still among the fastest
growing crimes in the U.S., this partnership guarantees that
individuals associated with Founders Bank will never be bothered by
the problems associated with the crime.
"We continue to see an increase in the number of organizations
taking preventative measures to secure their employees and customers
from the troubles associated with this crime," said Davis. "I applaud
Founders Bank for its decision to take this stand and eliminate
identity theft problems for its employees and customers."
According to The Privacy Rights Clearinghouse, a non-profit group
in San Diego, it's estimated that more than 200 million American
identities have been compromised since mid-February 2005. So far this
year, 325 organizations have reported losses of personal information
through hacking, stolen computers, disgruntled employees or misplaced
data files.
LifeLock enables "locks" by setting and automatically renewing
fraud alerts with the major credit bureaus, removing member's names
from pre-approved credit card offers and junk mail lists and
guaranteeing the service with a $1 million service guarantee.
Recently, LifeLock added an additional benefit through its service -
WalletLock - a one-stop solution for a lost wallet. One call to
LifeLock and credit cards, driver's licenses and other lost materials
will be cancelled and replaced, free of charge. Additionally, LifeLock
offers the only identity theft prevention service for children under
16.
Michele Madia, Senior Vice President of Founders Bank stated, "We
are very excited to partner with LifeLock by offering their valuable
theft protection service. ID Theft is the fastest growing crime in the
nation. We are so convinced of the value of this service to combat ID
Theft protection, we are extending our special discount pricing to not
only our customers, but the community as well. You can enroll in
LifeLock by visiting the bank's website at www.foundersbank.com."
About LifeLock
LifeLock (www.lifelock.com) helps consumers to render their
personal information useless to thieves, backing up its service with a
one million-dollar service guarantee. Famous for its CEO giving out
his Social Security Number in advertising and national press, the
company is experiencing astounding growth. Located in a secure
facility in Tempe, Arizona, LifeLock is a private company backed by
Kleiner Perkins Caufield and Byers as well as Bessemer Venture
Partners. Winner of the 2007 American Business Award for the Best
Radio Advertising Campaign, LifeLock was a finalist for 10 other ABA
awards, including Best New Company and Best New Product/Service.
Recently the company was named recipient of the Red Herring 100 Global
Award as one of the Top 100 start-up's in the world.
About Founders Bank
Founders Bank (www.foundersbank.com) is headquartered in Worth,
Illinois and has branches in Oak Lawn, Palos Heights, Orland Park,
Plainfield, Tinley Park, Channahon, Mount Greenwood, Homer Glen,
Minooka and Channahon.
LifeLock
Mike Prusinski
Vice President, Communications
480-544-2222
mike@lifelock.com
or
Tami Nealy
Director of Communications
480-457-2127
tami@lifelock.com
Copyright Business Wire 2008