Safe Banking for Seniors

​​Financial abuse against older Americans can take many forms, from illegal debits, to third-party scams and even unauthorized withdrawals by an approved caregiver. And with the share of the U.S. population 65 years and over projected to reach 20 percent by 2025, the opportunities to take advantage of these at-risk bank customers become more prevalent—by the minute.

Join us in our pledge to empower customers and communities with the facts, tools and resources they need to bank more securely. Together, we can help eliminate the almost $2.9 billion lost annually to fraud against older Americans.


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 Free Webinar

 

​Free Webinar November 21, 2:00 p.m. EST

Please join the ABA Foundation Tuesday, November 21 at 2:00 pm EST for a free webinar discussion of the Older Americans Benchmarking Report, findings from a first of its kind survey of how banks are working with seniors and their financial caregivers to address the growing threat of elder financial fraud. Guest Speaker: Laurel Sykes, Senior Vice President and Chief Risk Officer, Montecito Bank and Trust

 

Once you register, you will receive a confirmation that includes all event login details. Test your system’s compatibility with Adobe Connect.

 

 Registration

 

Free Banker Registration


Register for free to receive access to exclusive Safe Banking for Seniors resources, which contain presentation lessons, participant activities, communication tools and promotional materials.


Safe Banking for Seniors Materials 


 

 Banker Resources

 

Free Banker Resources

Presentation and Outreach Materials

Registered banks receive access to presentation and communications resources for the following modules:
  • Identifying and Avoiding Scams
  • Protecting Your Assets by Preventing Identity Theft
  • Choosing a Financial Caregiver
  • Acting as a Responsible Financial Caregiver

Free Webinars

Toolbox: Protecting the Financial Security of Older Americans

  • Resource 1: Starting a Senior Financial Education Program at Your Bank
  • Resource 2​: Planning Senior Financial Education Program Events
  • Resource 3​: Communicating Your Senior Financial Education Program

Related Resources



 

 FAQs

 

Frequently Asked Questions

1. What is the Safe Banking for Seniors Program?

The ABA Foundation’s Safe Banking for Seniors is a bank community outreach program open to all banks (ABA membership is not required) that provides bankers with free presentation lessons, activities and other materials to educate older Americans in their community about how to bank more securely.

2. Why should I participate?

Your unique set of skills can help address and prevent a serious problem in our nation—one that threatens the economic stability of America—financial abuse against older Americans. You can play a part in helping consumers develop the knowledge, tools, and capability they need in order to make better informed decisions about securing their finances. Additionally this a fun and engaging opportunity to connect to your community while demonstrating leadership on this important subject.

3. How can my bank participate in Safe Banking for Seniors?

Register your free participation in the program today through ABA’s Shopping Cart. Once you've registered, use the free presentation planning tools, lesson plans, social media guide and press materials to publicize your bank's efforts.

4. How can I learn more about the program before I register my bank?

Attend a live Safe Banking for Seniors webinar or access a pre-recorded training session. These hour-long sessions are designed to familiarize bankers new to Safe Banking for Seniors by breaking down the program and providing action steps and ideas.

5. What if I still have questions?

If you still have questions, please contact Matt Lambert or call 1-800-BANKERS and ask to speak with an ABA Foundation staff member.

 

 State Banker Association Champions

 
Thank you to the following state bankers associations that have pledged to promote the Safe Banking for Seniors campaign in their states:​

  • Arizona Bankers Association
  • Arkansas Bankers Association
  • California Bankers Association
  • Connecticut Bankers Association
  • Delaware Bankers Association
  • Florida Bankers Association
  • Georgia Bankers Association
  • Hawaii Bankers Association
  • Illinois Bankers Association
  • Indiana Bankers Association
  • Iowa Bankers Association
  • Kansas Bankers Association
  • Louisiana Bankers Association
  • Maryland Bankers Association
  • Massachusetts Bankers Association
  • Michigan Bankers Association
  • Minnesota Bankers Association
  • Missouri Bankers Association
  • Montana Bankers Association
  • Nebraska Bankers Association​ 
  • Nevada Bankers Association
  • New Hampshire Bankers Association
  • New Jersey Bankers Association
  • North Carolina Bankers Association​
  • North Dakota Bankers Association
  • Ohio Bankers League
  • Oklahoma Bankers Association
  • Oregon Bankers Association
  • Pennsylvania Bankers Association
  • Rhode Island Bankers Association
  • South Carolina Bankers Association
  • South Dakota Bankers Association
  • Tennessee Bankers Association
  • Texas Bankers Association
  • Utah Bankers Associations
  • Vermont Bankers Association
  • Virginia Bankers Association
  • Washington Bankers Association
  • West Virginia Bankers Association​
  • Wisconsin Bankers Association
 

 Older Americans Survey Report

 
OLDER AMERICANS SURVEY REPORT:
Findings From a Survey of Banks

Seniors hold massive spending power and the majority of bank deposits today. They are also at the greatest risk for fraud and financial abuse. The ABA Foundation conducted a survey to benchmark how banks are addressing this growing issue and meeting the unique needs of these customers.​   
READ THE REPORT
 

 Banks in Their Communities

 
 
Use this interactive map to learn about the
corporate social responsibility programs
submitted for a Community Commitment Awards
by banks across the U.S. and its territories.​

Questions? Contact Matt Lam​bert​