California's Financial Abuse Reporting Act, SB 1018, which requires employees of banks and credit unions to report suspected financial elder abuse, recently saved some seniors in the San Jose area a lot of financial loss.
Journalists cannot lose perspective. I was reminded of this point last week, after delivering a brief presentation to a small group of community banks and credit unions.
Financial institutions in states along the Gulf of Mexico are taking action to prepare for the long-term financial impact of the BP oil spill - including fraud attempts against customers.
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