ABA: How to Stop Elder Financial Abuse Before It Starts
ABA Foundation Commemorates World Elder Abuse Awareness Day with Financial Tips WASHINGTON — In recognition of World Elder Abuse Awareness Day on June 15, the American Bankers Association’s Foundation is working to combat financial abuse of older Americans. A recent study estimated older adults lose $2.9 billion each year to fraud. “Americans 50 years and older control…
OCC: Newsletter Focuses on Financing Community Health Centers
WASHINGTON — The Office of the Comptroller of the Currency (OCC) today published the latest edition of its Community Developments Investments electronic newsletter entitled “Financing Health Centers: Supporting Community Wellness.” The articles in this edition of Community Developments Investments provide an in-depth look at bank financing of federally funded health centers that serve economically disadvantaged communities. Federally funded community…
ABA: 6 Questions Millennials Should Consider During American Housing Month
WASHINGTON — Millennials looking to make their next housing move face a tough decision – to rent as prices continue to soar but with the flexibility to come and go, or to commit to the world of homeownership and all of its demands while interest rates are near historic lows. In recognition of American Housing…
CDFI Fund: Learn More About “Pay for Success” and CDFI’s
The Nonprofit Finance Fund (NFF), a certified Community Development Financial Institution (CDFI), will host a webinar on June 22, 2016 to explore the various roles that CDFIs have played in the first ten Pay for Success (PFS) projects to launch in the United States. The webinar will also address common questions that CDFIs have about…
ABA: 7 Ways to Avoid Online Fraud
WASHINGTON — Internet fraud continues to be a growing problem in the U.S. According to the FBI’s Internet Crime Complaint Center, in 2014, the agency received approximately 270,000 complaints from consumers who were exposed to online fraud — up from nearly 263,000 in 2013. In recognition of Internet Safety Month in June, the American Bankers Association is…