BANKERSONLINE PUBLISHES ARTICLE ON ELDER FINANCIAL ABUSE BY DR. LINDA EAGLE OF THE EDCOMM GROUP

BankersOnline, the premiere banking-related site on the internet has published “Banks and Elder Financial Abuse” an article by Dr. Linda Eagle, President of The Edcomm Group. The article highlights the pivotal role that banks play in preventing and reporting elder financial abuse.

In her article, Dr. Eagle discusses the disturbing trend of elders as victims of financial abuse. According to Dr. Eagle, “Elder abuse is the most common type of crime experienced by dependent adults today, and the most frequently committed form of it is financial elder abuse.”

California is leading the way with legislation mandating financial institutions to report suspected cases of elder abuse, with many other states and the federal government having similar laws pending. As a result, banks need to take a more active role in protecting their customers.

Notes Dr. Eagle, “Elderly victims of financial abuse are often unable or reluctant to tell anyone that they are being exploited. Faced with this difficult situation, banks must take measures immediately to protect the elderly customer from financial abuse, while at the same time protecting the bank from compliance risk.”

With over 350,000 bankers visiting monthly, and over 26,000 banking articles, BankersOnline is the largest, most widely used banking-related site on the internet, and the premier go-to site for those looking to obtain timely information on the financial services world. BankersOnline content features such relevant topics as Compliance, Lending, Operations, Security, eLearning, Marketing, and Systems and Technology.

Dr. Eagle is frequently invited to speak on a range of topics including distance learning, adult education, compliance training, teller training, ethics training, technological advances in training and education, and business solutions. Linda’s educational background in psychology and communications and her experience in organizational consulting give her unique insight into the practical application of training and communication programs that provide measurable benefits. She has provided consulting and training services to hundreds of organizations in a variety of industries. Published in many national publications including USA Today, as well as American Banker, Linda has also appeared on several local and national radio and television news programs.

The Edcomm Group is an 18-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group (www.edcomm.com)(www.bankersacademy.com) is headquartered in New York City with an Advanced Design Center located in Fort Washington, Pennsylvania.

For more information, please contact:

Linda Eagle
President, The Edcomm Group
1-888-4EDCOMM
linda.eagle@edcomm.com