Newport Federal Saving Bank has chosen Focus on Elder Financial Abuse.
January 11, 2007 (Press Release) --
(NEW YORK, NY) – January 11, 2007
Newport Federal Saving Bank has chosen Focus on Elder Financial Abuse — The Edcomm Group’s eLearning program on Elder Financial Abuse Compliance training — along with Edcomm’s own Learning Management System (LMS), Learning Link®, for hosting and maintenance for its bank-wide training needs.
With more than 5 million cases per year, financial abuse of elders is the #1 crime committed against persons age 65 and older. Currently, 17 states and Washington, D.C. have passed laws that require employees of banks, credit unions and money service businesses to report suspected cases of elder financial abuse. Another 33 states recommend it. Congress is expected to pass the Elder Justice Act, which will make this federal law.
Focus on Elder Financial Abuse is a comprehensive eLearning program providing training on issues related to elder financial abuse by teaching front line staff how to best serve their elderly customers while reducing risk to the Bank. The course covers: defining elder financial abuse and the laws governing it, detecting the red flags of elder financial abuse, and reporting elder financial abuse properly.
Learning Link®, Edcomm’s full-featured learning management system has an open architecture that builds on industry-standard SCORM and AICC compliance, but adds features and capabilities far beyond any competing products. Learning Link® maintains a complete record of every learning and administrative activity and offers a wide variety of customizable, real-time reports available both onscreen and in CSV formats for download and integration into any HR system. Learning Link’s servers have been issued a SAS-70 attesting to the quality of their security, business continuity and performance.
For more information about programs like this, or to find out how The Edcomm Group can customize any training program, log onto www.bankersacademy.com.
Established in 1888, Newport Federal Savings Bank serves the local community of Westerly, Rhode Island, as well as several surrounding counties. Today, the Bank maintains five branches and assets exceeding $331 million.
The Edcomm Group is a 19-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. Edcomm offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for banks, credit unions and money services businesses.
The Edcomm Group (www.edcomm.com) (www.bankersacademy.com) is headquartered in New York City with an Advanced Design Center located in Fort Washington, Pennsylvania.
For more information, please contact:
Linda Eagle
President, The Edcomm Group
1-888-4EDCOMM
linda.eagle@edcomm.com
Newport Federal Saving Bank has chosen Focus on Elder Financial Abuse — The Edcomm Group’s eLearning program on Elder Financial Abuse Compliance training — along with Edcomm’s own Learning Management System (LMS), Learning Link®, for hosting and maintenance for its bank-wide training needs.
With more than 5 million cases per year, financial abuse of elders is the #1 crime committed against persons age 65 and older. Currently, 17 states and Washington, D.C. have passed laws that require employees of banks, credit unions and money service businesses to report suspected cases of elder financial abuse. Another 33 states recommend it. Congress is expected to pass the Elder Justice Act, which will make this federal law.
Focus on Elder Financial Abuse is a comprehensive eLearning program providing training on issues related to elder financial abuse by teaching front line staff how to best serve their elderly customers while reducing risk to the Bank. The course covers: defining elder financial abuse and the laws governing it, detecting the red flags of elder financial abuse, and reporting elder financial abuse properly.
Learning Link®, Edcomm’s full-featured learning management system has an open architecture that builds on industry-standard SCORM and AICC compliance, but adds features and capabilities far beyond any competing products. Learning Link® maintains a complete record of every learning and administrative activity and offers a wide variety of customizable, real-time reports available both onscreen and in CSV formats for download and integration into any HR system. Learning Link’s servers have been issued a SAS-70 attesting to the quality of their security, business continuity and performance.
For more information about programs like this, or to find out how The Edcomm Group can customize any training program, log onto www.bankersacademy.com.
Established in 1888, Newport Federal Savings Bank serves the local community of Westerly, Rhode Island, as well as several surrounding counties. Today, the Bank maintains five branches and assets exceeding $331 million.
The Edcomm Group is a 19-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. Edcomm offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for banks, credit unions and money services businesses.
The Edcomm Group (www.edcomm.com) (www.bankersacademy.com) is headquartered in New York City with an Advanced Design Center located in Fort Washington, Pennsylvania.
For more information, please contact:
Linda Eagle
President, The Edcomm Group
1-888-4EDCOMM
linda.eagle@edcomm.com
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