AARP will be conducting a “sneak peek” webinar for credit unions Sept. 25 of its BankSafe training program designed to help financial institutions identify the signs of elder financial exploitation. CUNA is a founding distributor of the BankSafe program, which is free to credit unions in the U.S.

Registration is open for the free webinar, scheduled for Wednesday, Sept. 25 at 1 p.m. (ET). It will feature a sneak peak of the training’s interactive modules and tools, including games, interactive videos, real-life scenarios and state-specific resources.

BankSafe combines AARP’s understanding of the needs and desires of older adults with the expertise of the financial industry. Every year, financial institutions lose more than $1 billion in deposits due to the exploitation of Americans over 50 years of age.

CUNA President/CEO Jim Nussle said he hopes “credit unions nationwide will take advantage of this fresh, powerful new tool.”

AARP announced at launch that financial institutions that can verify at least 80% of staff have passed the BankSafe training can apply to receive a seal from AARP, good for one year, recognizing their commitment to fighting exploitation.