Tips, Trends and Tidbits
Help Prevent Elder Financial Exploitation
World Elder Abuse Awareness Day is June 15th. A crime that robs older adults of their resources and independence is on the rise. Financial exploitation is the fastest growing form of elder abuse. This crime involves someone improperly using an older adult’s money or belongings for his or her personal use, and it can happen to seniors of all social economic backgrounds.
Seniors lose an estimated $2.9 Billion or more annually due to elder financial abuse in the United States. Click the “Read More” button below to continue reading for tips on identification, prevention, and reporting!
Letter from the President
Ahhh…the lazy days of summer! Now that we’ve completed the frantic end of school events and activities, we can all take a deep breath and enjoy the slower pace of summer. If you are planning a vacation this summer, I would like to remind everyone of a few safety tips that could alleviate possible financial difficulties during your trip:
- Prior to leaving, contact your financial institutions with your travel destination and any locations where you may be using your debit card. This will prevent denials due to unfamiliar location, which will often lead to a temporary block on your card. Also, make sure your financial institution has the best possible contact number for you.
- Download the GTSB Mobile App. Have 24/7 access to account balances, transfer options, and online Bill Pay.
- Download the Shazam Bolt$ App for added security and 24/7 control of your GTSB Debit Card.
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