In observance of Older Americans Month, ABA SVP Corey Carlisle took part in a radio tour to discuss the ways seniors and their caregivers can guard against fraud and financial exploitation — which is estimated to cost seniors an estimated $2.9 billion in losses each year. Carlisle conducted interviews with local and national radio networks that will be broadcast on nearly 2,500 stations throughout the month, reaching an estimated 13 million listeners.
ABA is committed to leading the charge against fighting the financial exploitation of older Americans and recently launched its Safe Banking for Seniors program to help bankers across the country educate seniors and their caregivers on the risks of financial fraud. The program provides free resources including materials, lesson plans, media tools and best practices to help bankers bolster their outreach to seniors and financial caregivers in their communities throughout the year. Since the program’s launch, 38 state bankers associations have pledged to promote the resources to bankers in their states.