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Safeguarding Financial Well-being

4/4/2024

Our Commitment to the BankSafe Initiative

AARP Bank Safe SealIn a time when financial security is more important than ever, we can be that trusted, caring resource for you. It's with great pride that we share our involvement and achievements within the AARP's BankSafe Initiative—a program focusing on identifying exploitation, empowering family caregivers, helping those with dementia, and making banking tools and environments easier to access.

Financial exploitation doesn't just affect an individual; it impacts families and communities. On average, victims of financial exploitation lose $120,000, a devastating amount that can significantly affect a person's quality of life and financial security. Recognizing the importance of this issue, more than 80% of our member engaging team are trained in identifying and preventing financial exploitation.

We are proud to announce that we are among the 167 esteemed financial institutions that have earned the BankSafe trained seal. This recognition is a reflection of our ongoing dedication and commitment to ensuring the financial security of our members.  "The protection of our members' financial well-being is our top priority at Members First Credit Union," says Rose Samuel, BSA/Fraud Leader. "Receiving the BankSafe Trained Seal from AARP validates our ongoing commitment to combating financial exploitation and ensuring the utmost security for our valued members."

For more information about AARP’s BankSafe trainings and resources, visit aarp.org/banksafe.



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