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06.28.2022
Today: NAFCU, CFPB Webinar on Assisting Older CU Members
NAFCU today will join the CFPB to host a webinar on how to assist older credit union members with avoiding fraud and financial exploitation. The webinar, slated to begin Tuesday, June 28, 2022 at 2:00 p.m. Eastern, will be hosted by NAFCU Regulatory Affairs Counsel James Akin, with presentations by CFPB Office for Older Americans Policy Analyst Kate Kramer and Content and Outreach Specialist Erin Scheithe.

The webinar will provide attendees with the knowledge to identify, prevent, respond, and report scams and fraud targeting older adults. In addition, the presentation will review why older members may be at risk, who the abusers are, and the red flags to identify scams and fraud.

Topics covered include:

• defining elder financial exploitation;

• common types of fraud and scams;

• a snapshot of data about scams; and

• prevention and reporting resources, including financial caregiving.

Compliance staff, Bank Secrecy officers, and risk managers are encouraged to attend, in addition to any other credit union staff charged with assisting older members. NAFCU Certified Compliance Officers, NAFCU Certified Risk Managers, and NAFCU Certified Bank Secrecy Officers will receive one education credit for attending.

Copyright 2022. NAFCU.

Register Now at this link (link)
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