by Vladimire Herard, M.S. | Mar 10, 2014 | Uncategorized
Chen said the Federal Reserve Bank there hosted two discussion events of their own. Participating seniors learned what services are being offered by their local area banks. Quarterly newsletters are released about these services and products. The center’s work is...
by Vladimire Herard, M.S. | Mar 10, 2014 | Uncategorized
“[This meant that there were] a lot of people [without affordable housing in California. There was] only one of me, my boss and support staff [performing this work]. We wanted to produce something of value.” Firstly, Aery said, the coalition performed assessments of...
by Vladimire Herard, M.S. | Mar 10, 2014 | Uncategorized
“[We make] recommendations [to enable banks to] create and customize financial products, [including] low-cost, low-fee accounts,” Zdenck said. “[This] requires financial institution staff to identify fraud and abuse. [It all supports] age-friendly banking. “[Under the...
by Vladimire Herard, M.S. | Mar 10, 2014 | Uncategorized
With the struggling economy, bank savings among the nation’s population, including seniors, are decreasing and the use of defined benefits is rising. Additionally, Social Security accounts for 30 percent of the average older adult’s income and this figure is growing,...
by Vladimire Herard, M.S. | Mar 10, 2014 | Uncategorized
State and federal agencies and banks are partnering to enact age-friendly banking practices to teach seniors about the different services and products they offer and social benefits and to protect them against financial abuse and exploitation, four panelists at a...
by Vladimire Herard, M.S. | Mar 10, 2014 | Uncategorized
“No one really talked to [my] mom [about her options for health care],” Curler said. “I talk to seniors. [I try to find out] what they want in [long-term care]. My process is unique, in the moment.” She tells her clients that they must be prepared with documentation...