Senior Resources
Senior Resources
Elder financial abuse is one of the fastest growing crimes in America. Fraudsters are using new tactics to take advantage of retiring baby boomers and the growing number of older Americans, a group that controls more than 70 percent of the nation’s wealth. The VBA has partnered with the American Bankers Association and other organizations to provide our member banks with resources to help combat this issue that may be impacting their customers and their communities.
Safe Banking for Seniors
Virginia Bankers Association has joined the American Bankers Association Foundation in a new campaign – Safe Banking for Seniors – which provides America’s seniors and their caregivers tools to prevent financial fraud. Safe Banking for Seniors will mobilize bankers across Virginia to educate older Americans and their caregivers about elder financial abuse.
Bankers play a critical role in the prevention of elder financial fraud from spotting signs of abuse to raising awareness.
CRA Partners
David Lenoir
President & CEO
Phone: (901) 529-4786
Email
Website
Additional Elder Financial Exploitation Resources
Banker & Consumer Resources
Additional ABA Resources:
- Resources for Older Americans
- Elder Financial Exploitation: How to Protect Your Customers - new reference materials created with the FBI to help frontline staff combat elder financial exploitation
- ABA Financial Caregiving: Planning for Stages of Cognitive Decline
-
ABA Banking Topic: Elder Financial Exploitation
- This page includes related news articles, education & training opportunities, federal guidance & legislation, pending federal legislation, state laws and resources, resources for reporting elder financial exploitation, and industry studies & reports.
- ABA: 2021 Older Americans Benchmarking Report
- ABA: Protecting the Elderly from Financial Abuse Article
- ABA Webinar: Ways to Recognize and Combat Elder Financial Exploitation
Infographics:
- Imposter Scams Infographic
- Safely Using Mobile Payment Apps Infographic
- Fake Check Scams Infographic
- Online Dating Scams Infographic
- Joint Bank Accounts Infographic
- Money Mule Scams Infographic
- Phishing Scams Infographic
Handouts:
- 5 Ways to Spot a Lottery Scam
- 7 Tips to Help Older Adults Choose the Right Caregiver
- 14 Red Flags for Elder Financial Abuse
- Don’t Fall Victim to the Grandparent Scam
Additional resources
- Excerpt from the Code of Virginia related to financial institutions
- Virginia Coalition for Prevention of Elder Abuse
- Virginia Department for Aging and Rehabilitative Services (DARS)
- Adult Protective Services and Adult Services Regional Staff
- AARP BankSafe - Free Online Training for Your Frontline Staff!
- National Center on Elder Abuse (NCEA)
- Consumer Financial Protection Bureau
- International Association of Chiefs of Police (IACP) – Identifying and Responding to Elder Abuse: An Officer’s Role
- Federal Trade Commission Consumer Scam Alerts: Learn about recent scams, how to recognize the warning signs and receive email updates and alerts.
- Department of Justice Elder Justice Initiative
- Federal Trade Commission Scam Alerts Latest Info and Tips
- Resources from DARS – Adult Protective Services on preventing and reporting adult financial exploitation:
- Senior Housing Crime Prevention Foundation