MembersOwn Earns AARP BankSafe Initiative Designation

April 14, 2023 | News


Senior adult woman at home sitting at kitchen table paying bills or online banking using laptop computer. She is visibly frustrated. Paperwork and coffee cup on table.


MembersOwn Credit Union is proud to announce that we have earned the AARP BankSafe Trained Seal in recognition of our commitment to fighting financial exploitation.

Per AARP’s website, BankSafe helps the financial industry better meet consumers’ financial needs and safeguard their assets. The initiative focuses on four key areas:

  • Preventing financial exploitation
  • Empowering family caregivers
  • Helping those with dementia
  • Making banking tools and environments easier to access

With the average victim losing $120,000, prevention of financial exploitation is critical to AARP’s and MembersOwn’s people first missions.

The award-winning BankSafe Initiative conducts research into consumer insights, creates partnerships between people over 50 and the financial industry, and has developed BankSafe’s innovative training platform to help financial professionals identify and stop suspected exploitation.

Annual Report

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