Elder Fraud Awareness

With scams and financial exploitation continuing to rise, education and awareness are more important than ever, especially for older adults and those who care about them. It is a good time to talk with parents, grandparents, neighbors and friends about how to recognize fraud and financial exploitation.

A few simple reminders can make a big difference:

• Never share personal or financial information with someone who contacts you unexpectedly.
• Slow down before sending money.
• Be cautious of urgent requests involving gift cards, wire transfers or cryptocurrency.
• Always verify the details before making a payment, especially if the request creates fear or pressure.

Also, please remember: BankTennessee will never ask you by email, text message or phone for any personal information such as your Social Security number, personal identification numbers, credit card numbers, or online banking password. We do not use any of these methods to confirm, verify, activate or authenticate your personal information.