This recorded event is available until July 15, 2013.
What can be done to protect vulnerable seniors from financial exploitation? We are pleased to introduce our expert panel, who will examine the third most commonly substantiated type of elder abuse in the united states--financial abuse. The annual financial loss by victims of elder financial abuse is estimated to be at least $2.6 billion dollars.
This webinar is being jointly held by CUNA and the National Federation of Community Development Credit Unions.
As part of a nation-wide initiative to build economic security for seniors, the Federation talked to credit unions around the country. They told us that their older members are being targeted by financial scams. Credit union members told us that they or friends and relatives had been the victims of exploitation.
Through education and awareness, credit unions can be a first line of defense. To be successful however, financial institutions need to understand what to look for, how to respond and where privacy requirements and the requirement to act can work in tandem.
In this webinar, three national figures in the fight to protect financially vulnerable seniors will discuss the risks, explain how to recognize the signs and look at effective responses and intervention strategies. We will also introduce the CUNA Elder Abuse: Awareness & Prevention training module.
Who Should Attend
This webinar is beneficial to credit union managers and community development officers. Affiliation with CUNA/League is required for attendance.