ALEXANDRIA, Va. (May 7, 2019) – During This is an external link to a website belonging to another federal agency, private organization, or commercial entity. Older Americans Month (Opens new window) , the National Credit Union Administration is highlighting its online resources to help older adults manage money and protect against fraud and exploitation.
“During May, we are highlighting NCUA’s educational resources that address the unique financial and consumer protection needs of older Americans,” NCUA Board Chairman Rodney E. Hood said. “The theme of Older Americans Month is, ‘Connect, Create, Contribute,’ and the NCUA strives to connect older credit union members with important information to create greater personal financial security and contribute to their overall well-being. This includes both money management information as well as advice for how to recognize and protect themselves from elder financial abuse.”
The NCUA now has This is an external link to a website belonging to another federal agency, private organization, or commercial entity. a video (Opens new window) highlighting financial exploitation of older adults, and the agency offers information resources to help prevent elder financial abuse (Opens new window) and avoid financial scams (Opens new window) specifically targeting older people.
The Aging and Managing Finances (Opens new window) section of the MyCreditUnion.gov (Opens new window) consumer website also offers information on planning for long-term health care (Opens new window) expenses and financial considerations of reverse mortgages (Opens new window) ,
Throughout the month, the NCUA will be posting helpful tips and consumer advice on social media sites. Follow and share This is an external link to a website belonging to another federal agency, private organization, or commercial entity. @TheNCUA (Opens new window) on Twitter and the agency’s This is an external link to a website belonging to another federal agency, private organization, or commercial entity. Facebook page (Opens new window) .