Vero Launches Exclusive Identity Theft Fully Managed Recovery for Elder Members

The exclusive identity theft fully managed recovery (FMR) for elder members is made available with the Vero IDProSelect program.

Washington D.C. | Scottsdale, AZ | Ontario, CA | February 21, 2016

Vero, ( a leader in identity theft recovery solutions and vehicle insurance products for credit unions, and a division of CU Direct, has launched ElderIDPro for credit union members ages 60 and older.

The exclusive identity theft fully managed recovery (FMR) for elder members is made available with the Vero IDProSelect program, supported by NXG Strategies, Vero’s partner and provider of services. ElderIDPro is a proactive service to enhance IDProSelect’s powerful recovery & restoration benefits specifically for vulnerable elders. “We offer a unique solution that will act on an elder member’s suspicions to allow professional advocates to determine the real extent of their abuse and how to mitigate their dangers,” said Joe Annoreno, chief executive officer at Vero. “We give elders a true safe haven of support when it appears ID theft or fraud is threatening their security and they don’t know who to trust.”

Vero is offering an ElderIDPro bonus value for credit unions that sign an IDProSelect contract between March 1 and December 31, 2016, and implement Vero’s IDProSelect embedded services for members with checking accounts prior to June 30, 2017. The limited time, special promotion provides members without checking accounts and who are 60 years and older, free FMR services to insure the best support is available for all the elders at the credit union.

“We are pleased to provide credit unions with an identity recovery service that may be the most effective response to the more than (25) twenty-five State Elder Abuse Laws that have been enacted over the past six years” said Jim McCabe, senior vice president, identity theft solutions at Vero. “This service provides an ultimate safety net to elder members, while helping credit unions better address the legal stress of adhering to state elder abuse laws.”

Credit union professionals interested in learning more about Vero’s IDProSelect and or ElderIDPro can contact Jim McCabe at 480-748-0403 or at [email protected].

About Vero

Vero is a part of the CU Direct family of brands. Vero provides a unique suite of innovative identity recovery solutions and vehicle insurance products to the credit union industry. Vero works in conjunction with reliable, longstanding industry partners to support credit unions. NXG Strategies has been a long term partner with Vero in serving credit unions with their deep expertise in identity theft investigation, fraud remediation, and data breach response, serving millions of customers nationwide.

About CU Direct

For more than twenty years, CU Direct has been a lending technology leader, helping credit unions fund $211 billion in loans. More than 1,100 credit unions rely on CU Direct’s solutions to generate loans, create efficiencies, and grow membership. From CUDL, the industry’s number one auto lending platform, to the industry’s revolutionary Lending 360 Loan Origination System, and Lending Insights dynamic analytic tools, CU Direct develops the technology that helps credit unions advance their lending programs and overall portfolio success. 14,000 auto dealers nationwide use CU Direct’s automotive solutions to connect with credit unions and their members to drive sales and increase their bottom lines. For more information, visit Connect with CU Direct on Twitter and LinkedIn.