SDBA Joins ABA Foundation's Safe Banking for Seniors Campaign

Educational program to prevent elder financial fraud.

The SDBA has joined the American Bankers Association (ABA) Foundation’s Safe Banking for Seniors campaign. Through this campaign, the SDBA will mobilize bankers across South Dakota to educate older Americans and their caregivers about elder financial abuse and how to prevent it.

“We’ve found that bankers are often the first line of defense against elder financial fraud from educating and advising customers to spotting the signs of abuse,” said SDBA President Curt Everson. “We take our role seriously, and the more we can educate seniors and their caregivers, the better protected they can be.”

“We’re pleased that the SDBA has pledged to join in the fight against elder financial abuse,” said Corey Carlisle, executive director, ABA Foundation. “We look forward to working closely with the association to educate seniors and their caregivers in South Dakota.”

Registered bankers will receive event materials, lesson plans, media outreach tools and best practices through the ABA Foundation. The lesson plans focus on the following four topics:  

• Identifying and Avoiding Scams

• Protecting Your Assets by Preventing Identity Theft

• Choosing a Financial Caregiver

• Acting as a Responsible Financial Caregiver

Banks can register to participate in the initiative at aba.com/seniors. 

Bankers can also register for a free webinar on Wednesday, Feb. 24, 1 p.m. CT to learn more about the program and the resources available.