MnCUN Resources

​​Federal Rules, Regulations and Guidance

​​Updates to Minnesota’s Law Protecting Vulnerable Adults – Impact on Credit Unions: July 2020 Webinar and Presentation

• Presentation and Slides (Members Only)

​Organizations

Minnesota Elder Justice Center

​AARP Fraud Watch Network

• ​​Interagency Guidance on Privacy Laws and Reporting Financial Abuse of Older Adults
• FinCEN: Advisory to Financial Institutions on Filing SARs Regarding Elder Financial Exploitation

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State and Federal Government Resources

Minnesota Board on Aging 

• Website
• Area Agencies on Aging 
• MinnesotaHelp.org

Minnesota Department of Commerce
Guidance on Privacy Laws and the Reporting of Financial Abuse of Older Adults


Minnesota Department of Human Services

• ​Office of Ombudsman for Older Minnesotans
• Minnesota Adult Abuse Reporting Center: 1-844-880-1574​

Minnesota Attorney General's Office

• Senior Resource Page

 
NCUA

• Letter to Credit Unions
• NCUA has two videos on protecting seniors from financial abuse:
  • Scams Targeting Seniors is a dramatization of how an unwary consumer could become the victim of a typical scam. 
  • Reporting Elder Financial Abuse or Exploitation explains to credit union managers and staff how to spot, prevent, and report cases of financial abuse.
    
    

Consumer Financial Protection Bureau​

• Money Smart for Older Adults
• Working with Older Adults
• Managing Someone Else's Money Guides
  • Power of Attorney
  • Court-appointed guardians
  • Trustees
  • Government fiduciaries (Social Security Representative Payees and VA Fiduciaries)
• Reverse Mortgage Guide​

U.S. Department of Justice
Elder Justice Initiative: Financial Exploitation section

U.S. Postal Inspection Service
Check Fraud

Minnesota Adult Abuse Reporting Center 
​
Report suspected maltreatment of a vulnerable adult to the Minnesota Adult Abuse Reporting Center at 1-844-880-1574 which is open 24 hours a day, seven days a week.
 

Disclaimer: The above links are intended to be beneficial for both state and federally-chartered credit unions located in the state of Minnesota. Be aware that this is not a complete list of all laws, regulations or rules that govern credit unions' activities. Providing these links is not intended as legal advice and does not create an attorney client relationship. Seek your own legal counsel or tax advisor if you require a legal opinion.