* * * Debit Card frustration!! * * *

When using your Debit Card at a merchant, remember to ask if they need to enter your address for verification of the transaction. Merchants will assume your address or guess at your Zip code. The address and Zip code need to be the same as the mailing address for your Credit Union mail. If it is entered wrong the transaction will be rejected.

And if you are doing something out of your normal habits or going on a vacation out of your normal routine, let the Credit Union know, so we can make a note it on your account. That way when you use your ATM/Debit card the fraud network won’t block you card and not give you the cash you need or the ability to make that purchase you want to make. Help us make your trip safer and easier.

Let’s Use Our Change To Change Our Youths Future

We need to help our children, grandchildren, nieces and nephews by showing them how to plan, budget and save, then buy our necessities and toys with our own money. By allowing our money to grow, allowing someone else to use our money for a while, we can benefit by the dividends we earn.

To help them get started, your credit union, Modesto’s First Federal Credit union is offering a new program. The Credit Union will put in $5.00 to open your youth’s account. You provide their Social Security Number and we will give your youngsters a “ Piggy Bank” to put their change in (and maybe some of yours). Once filled, bring in the youth and put the savings into their credit union account. We want to help them get started towards a brighter future.

 

Who Protects Our Elders?

WHAT IS FINANCIAL ABUSE?

Financial abuse is defined to occur when a person or entity “takes, secretes, appropriates, or retains real or personal property of an elder or dependent adult to a wrongful use or with intent to defraud, or both,” or assists any person in such conduct.

WHO IS AN ELDER OR DEPENDENT ADULT?

An “elder” is defined as any person residing in the state who is 65 years of age or older. A “dependent adult” is any person residing in the state, between the ages of 18 and 64, who has physical or mental limitations that restrict his or her ability to carry out normal activities or to protect his or her rights including, but not limited to, persons who have physical or developmental disabilities or whose physical or mental abilities have diminished because of age .

WHO IS A MANDATED REPORTER?

According to WIC 15630.1, a mandated reporter is defined as an officer or employee of a financial institution who has direct contact with an elder or dependent adult, or who does not have direct contact but reviews or approves the elder’s or dependent adult’s financial documents, records, or transactions, and who reasonably believes that financial abuse has occurred.

REPORTING RESPONSIBILITIES:

Both oral and written reports may be made to the Adult Protective Services (APS) office in the county where the apparent victim resides, or to a law enforcement agency in the county where the incident occurred. Remember that the mandated reporter must first report the incident by telephone. After making the telephone report, the reporter must send the original SOC 342 form and one additional copy to the appropriate agency within two working days, in addition to retaining a copy for the financial institution.