Legends Bank Provides Protection for Seniors in the Community
Thanks to Legends Bank, residents of Signature Health of Clarksville, will live in a safer and more secure living environment. Through a recent partnership with CRA Partners, Legends Bank is funding the Senior Crimestoppers program to protect those who live and work in this facility against theft, abuse, and neglect.
CRA Partners is a national organization that helps banks fulfill their federally-mandated Community Reinvestment Act (CRA) requirements and earn CRA credit on their exam by running Senior Crimestoppers, a turnkey crime prevention program for low-to-moderate-income seniors. Through flexible funding options such as CRA-qualified community development loans, investments and grants, banks help ensure safe living environments for seniors in nursing homes, HUD communities and state Veterans homes.
Crime against the elderly is an increasingly important issue that Legends Bank is helping resolve through the funding of the Senior Crimestoppers program. Components of the program include personal lockboxes for the residents, continual education and training for facility members, and a toll-free tips line that receives information about wrongdoing and pays cash rewards up to $1,000. Senior Crimestoppers has reduced crime in participating facilities by 95%.
“Senior Crimestoppers works to enrich the overall quality of residents’ lives. Implementing this program does not mean the facility currently has a crime problem. It means the facility is being proactive about protecting its seniors,” says Terry Rooker, president of Senior Crimestoppers.
According to Tommy Bates, President and CEO of Legends Bank, “Legends Bank is committed to supporting and protecting our local senior community, and through our partnership with CRA Partners and Senior Crimestoppers, we are able to assist in providing security and safety to the residents of Signature Healthcare.”
About Senior Crimestoppers and CRA Partners
CRA Partners and Senior Crimestoppers are operated by the Senior Housing Crime Prevention Foundation (SHCPF), headquartered in Memphis, Tennessee. The SHCPF mission is to provide protection and an enhanced quality of life for senior housing residents through meaningful turnkey CRA compliance for community-focused banks.
Funded exclusively by the banking industry and endorsed by the Independent Community Bankers of America and over 30 state bankers associations, CRA Partners is a low-risk, profitable solution for banks of all sizes to earn meaningful CRA credit through the operation of the Senior Crimestoppers program. The Senior Crimestoppers program operates in 47 states and protects nearly 100,000 residents.
In addition to earning CRA credit on the lending and investment tests through CRA Partner’s flexible funding options, the company’s Preventing Elder Financial Abuse video toolkit gives banks the opportunity to earn service test credit when presenting the video to low-income audiences. The video, which aims to educate viewers on how to spot and prevent elder financial exploitation, has been used by many banks to become a community leader in prevention education.
For more information about Senior Crimestoppers visit www.SeniorCrimestoppers.com or call (800) 529-9096. For information on CRA Partners or the Preventing Elder Financial Abuse Video Toolkit, visit www.SHCPFoundation.org or call (877) 232-0859.
About Legends Bank
Legends Bank is a wholly-owned subsidiary of Legends Financial Holdings, Inc., operating eight branch banking locations in Clarksville, Brentwood, and Nashville, TN. More information about Legends Bank can be found at legendsbank.com
Photo caption: From L to R: Brad Barrett, CRA Partners; Katie Wright, Senior Crimestoppers; Tommy Bates, Legends Bank; Alex Butaud, Signature Healthcare; Britney Campbell, Legends Bank; Lori Bell, Legends Bank; Pam Mulkey, Legends Bank.
Photo credit: Kayla Yun (Signature Healthcare)