InfoSight Spotlight: Security/Elder Financial Exploitation 

It seems that nearly every day we hear of an older person who has been scammed by someone taking advantage of the person’s declining cognitive or physical abilities. Each state has laws that protect the elderly from exploitation, and many times financial institutions are in a great position to see the evidence.  Would your credit […]

It seems that nearly every day we hear of an older person who has been scammed by someone taking advantage of the person’s declining cognitive or physical abilities. Each state has laws that protect the elderly from exploitation, and many times financial institutions are in a great position to see the evidence.  Would your credit union staff know the warning signs or red flags of financial or material exploitation?

Check out these changes and helpful FAQs on the Security/Elder Financial Exploitation channel. Read the full InfoSight newsletter here.

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The League of Credit Unions & Affiliates provides a platform for advocacy, collaboration, and innovation, representing 381 credit unions across Alabama, Florida, Georgia, and Virginia and their 32.7 million members, as well as $453.6 billion in assets. The League serves as an advocate through credit union engagement, advocacy impact, Foundation resources, and LEVERAGE products and services. Join us in supporting credit unions by learning more at www.the-league.coop. Follow The League on LinkedIn, Facebook, X, and Instagram.

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