PORTLAND, Maine (1/23/14)--Maine Credit Union League representatives met with state Speaker of the House Mark Eves (D-North Berwick) Jan. 10 at the State House in Augusta to discuss ideas and provide feedback on financial elder abuse prevention training that the league played a key role in developing.
Attending the meeting on behalf of the league were Quincy Hentzel, the league's director of governmental affairs, and league board member Kyle Casburn, president/CEO of Seaboard FCU, Bucksport. Hentzel serves on the Maine Council for Elder Abuse Prevention. Casburn serves on Eves' Round Table on Aging in Maine.
"I appreciated Speaker Eves and his staff giving credit unions the forum to weigh in on financial issues affecting seniors in our state," Casburn said (Weekly Update Jan. 17). "Credit unions are all too familiar with our senior members falling victim to financial fraud, either through 'foreign lottery' types of scams or theft by family or caregivers. Credit unions have an opportunity to use our collective resources to educate our members on fraud and provide tips on monitoring our loved one's accounts. The speaker recognized the value of Maine's credit unions in providing leadership in this area."
With Maine's aging population, Maine's credit unions have offered assistance to the elderly for several years, league president John Murphy said. "Speaker Eves appreciates our support and willingness to continue to be proactive in this effort," Murphy said.
A free training session on preventing financial exploitation of the elderly--coordinated and developed by the league--will be offered for credit unions and other financial institutions on Feb. 13 at the Augusta Civic Center.