ELDER ABUSE AWARENESS MONTH!

June Is Elder Abuse Awareness Month: Stand Up for Our Seniors

At Chiphone FCU, protecting the financial well-being of you and your loved ones is a top priority. June is Elder Abuse Awareness Month, a time to raise awareness of the financial exploitation and other forms of abuse that disproportionately affect older adults. Elder abuse can take many forms. It could be physical, emotional, or financial, and it could be due to neglect or due to exploitation. Often, elder abuse goes unreported due to fear, shame, or isolation.

Did you know? Financial exploitation is the most common form of elder abuse, often going unnoticed until significant damage is done. Scams, fraud, and manipulation by trusted individuals can leave lifelong impacts.

How you can help:

Learn the warning signs of financial abuse!

Sudden or unexplained account activity, unpaid bills despite adequate funds, or the presence of unfamiliar individuals at financial appointments may be red flags. Read more from the Consumer Financial Protection Bureau (CFPB)

https://www.consumerfinance.gov/…/protecting-against…/

Check in regularly with older family members.

Social isolation is a risk factor for abuse. Frequent, caring conversations can help catch issues early—and offer essential emotional support.

Report suspicious financial activity.

If you notice something unusual or out of the ordinary about a loved one’s account or behavior, don’t hesitate to contact us or your local Adult Protective Services.

533 N Niles Ave, South Bend, In 46617 (574) 235-5092.