2016 Safe Banking for Seniors Basics Housekeeping Slides will - - PowerPoint PPT Presentation

2016 Safe Banking for Seniors Basics

aba.com/Seniors

Housekeeping

• Slides will advance automatically
• Today’s presentation is being recorded
• Presentation will be posted online at

aba.com/seniors within next week

• Submit questions at any time for Q&A at the end of

the webinar

aba.com/Seniors

ABA Staff Point of Contact

Caitlin Kovalkoski Director, Bank Community Engagement 202-663-5418 ckovalkoski@aba.com

aba.com/Seniors

Survey Questions

• 1. I have participated in other ABA Foundation financial education programs:

a. Yes, I have participated in Teach Children to Save, Get Smart about Credit, or Lights, Camera, Save! b. No, this is my first time participating. c. I am not sure.

• 2. My bank works with other organizations to bring financial education to the

community:

a. Yes! My bank partners with other organizations throughout the year. b. No, my bank does NOT partner with other organizations. c. I am not sure.

aba.com/Seniors

Webinar Agenda

• What is Safe Banking for Seniors?
• Why Should Banks Participate in Safe Banking for

Seniors?

• Safe Banking For Seniors Curriculum & Materials
• Registration Process
• Questions & Answers

aba.com/Seniors

What is Safe Banking for Seniors?

• New banker-driven, financial education initiative to

help seniors and financial caregivers understand the risks of fraud and financial exploitation and how to combat those risks

• Example of valuable role banks play in communities

they serve

• 33 State Bankers Associations also promoting this

effort

aba.com/Seniors

Why Should Banks Participate?

• Older Americans (50+) hold 67% of all bank deposits
• Older Americans (65+) most likely to be banked

compared to all other age groups

• Older Americans (55+) have the best credit scores

compared to all younger age groups

• Older Americans most likely to be targeted for fraud

and financial exploitation

• Financial losses for Older Customers and Banks Alike
• $2.9 B (2011 MetLife Mature Market Institute)
• $1.7 B (2013 ABA Deposit Account Fraud Study →

$1.2 B from 50+)

aba.com/Seniors

Program Curriculum

• Lessons Structured into Four Modules
• Identifying and Avoiding Scams
• Protecting Your Assets by Preventing Identity Theft
• Choosing a Financial Caregiver
• Acting as a Responsible Financial Caregiver

aba.com/Seniors

Program Materials

• All materials posted online on Private Resource Page

Presenter’s Guides PowerPoint Presentations Activity Sheets Resource Sheets

aba.com/Seniors

Communications Resources

Traditional Media Digital and Social Media

aba.com/Seniors

Planning Resources – Coming Soon!

Presentation Planning Checklist Customizable Outreach Letters for Law Enforcement and Adult Protective Services Personalized Outreach Flyer

aba.com/Seniors

Bank Participation List

aba.com/Seniors

Registration

aba.com/Seniors

Registration

aba.com/Seniors

ABA Shopping Cart – New User

aba.com/Seniors

Registration

aba.com/Seniors

Individual/Bank Information

Enter Information:

First Name Last Name Work Title BANK BANK Address BANK Phone Number BANK Email

aba.com/Seniors

ABA Shopping Cart – Returning User

User name is bank email

aba.com/Seniors

ABA Shopping Cart Troubleshooting

aba.com/Seniors

Registration for Specific Initiative

aba.com/Seniors

Registration Form

Required Information

• State
• City/Branches
• # of Presentations
• # of Seniors
• # of Employees

Use estimates for now!

aba.com/Seniors

Registration Form

aba.com/Seniors

Registration Form

aba.com/Seniors

Registration Confirmation

aba.com/Seniors

Questions and Answers

• Submit questions using “WebEx Chat” feature
• Questions after the program

email: ckovalkoski@aba.com call: 202-663-5418