Each year, millions of older adults are targets of scam artists or fall victim to other forms of financial abuse.
May is Older Americans Month (opens new window), which is a great opportunity for your credit union to reach out to your older members to make sure they know how to protect themselves financially.
Through our consumer-focused website, MyCreditUnion.gov (opens new window), NCUA offers valuable personal finance information (opens new window) and resources (opens new window) that can help older adults protect themselves from fraud, scams and other forms of financial abuse. Additionally, a video (opens new window) on how credit union staff can spot, prevent and report cases of elder financial abuse is available on NCUA’s YouTube channel (opens new window).
To learn more, go to MyCreditUnion.gov (opens new window).