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First Federal Savings Bank and ICBA highlight elder financial abuse risks and prevention tips on World Elder Abuse Awareness Day.

Market News
15 Jun 2026
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On World Elder Abuse Awareness Day, First Federal Savings Bank and the Independent Community Bankers of America (ICBA) raised awareness about elder financial abuse, which involves billions in suspected losses annually. They shared practical tips to protect seniors, such as securing financial documents, monitoring accounts, safeguarding personal information, and reporting suspected abuse promptly. The effort underscores the role of community banks in defending older adults from financial exploitation and encourages collaboration with trusted financial caregivers and professionals. For more information, they provide contact resources and educational support to help prevent elder financial abuse.

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