Consumer Financial Protection Initiative Outreach Focuses in October on Protecting Senior Citizens

HARRISBURG, Pa., Sept. 16, 2016 /PRNewswire-USNewswire/ -- During the month of October, the Department of Banking and Securities will be emphasizing the need to help our senior citizens protect themselves from improper and illegal financial transactions. The department's outreach staff will be meeting with senior citizens and members of the general public across Pennsylvania during the month of October to discuss financial topics of interest to senior citizens as part of Governor Tom Wolf's Consumer Financial Protection Initiative. 

Department staff will be participating in several senior citizen's expos sponsored by members of the General Assembly, including:

• Rep. Sue Helms' Senior Expo at the Halifax Area Ambulance Social Hall in Halifax (Dauphin County) on October 6 from 10:00 AM to 1:00 PM
• Senator John P. Sabatina, Jr. Senior Expo at the PA National Guard Armory at 2700 Southampton in Philadelphia on October 7 from 10:00 AM to 1:00 PM
• Senators John T. Yudichak and Lisa Baker and Rep. Aaron Kaufer's Senior Expo at the Kingston Armory in Kingston (Luzerne County) on October 13 from 10:00 AM to 1:00 PM
• Rep. Jim Marshall's Senior Expo at the United Methodist Church's Community Life Center of Chippewa in Beaver Falls (Beaver County) on October 14 from 9:00 AM to 12:00 PM
• Senator Don White and Rep. Dave Reed and Rep. Chris Dush's Senior Expo at S&T Bank Area, White Township Recreation Complex in Indiana (Indiana County) on October 20 from 10:00 AM to 1:00 PM
• Senator Tom Killion's Senior Expo at the Penn State-Brandywine Campus in Media  (Delaware County) on October 21 from 10:00 AM to 1:00 PM

Department staff will be presenting "Understanding Reverse Mortgages," which helps senior citizens and their families have a better understanding of this complicated mortgage product. The presentation will be at the Schuylkill Township Hall in Phoenixville (Chester County) on October 27 at 7:00 PM.

Department staff will also be visiting private senior communities and presenting "Avoiding Scams and ID Theft," which takes a look at ways people's identities are stolen or compromised, what people can do if they find their identities have been stolen, and how to stop theft from occurring. (Note: attendance at these events is limited to residents of the communities and their guests) Location for these presentations:

• Lodge Run Apartments in Portage (Cambria County) on October 12 at 11:00 AM
• Spring Manor Apartments in Hollidaysburg (Blair County) on October 13 at 11:00 AM
• Apartments at Cliveden in Philadelphia on October 27 at 4:00 PM

The Department of Banking and Securities offers a number of education presentations designed to help senior citizens and consumers of all ages learn protect and grow their own money. The department's outreach Calendar of Events can be found online: http://bit.ly/1KIscBZ. Consumers and community groups can call 1-800-PA-BANKS or email [email protected] for more information, or learn more online: http://bit.ly/2bjKrTa.  

Media contact: Ed Novak, 717-783-4721

SOURCE Pennsylvania Department of Banking and Securities