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Wolk Makes Preventing Elder Abuse a Statewide Initiative

Yolo Federal Credit Union was recently honored by the Yolo County Board of Supervisors for its leading role in protecting against financial elder abuse.

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WOODLAND, Calif. — Yolo Federal Credit Union was recently honored by the Yolo County Board of Supervisors for its leading role in protecting against financial elder abuse.

The legislation by Assemblywoman Lois Wolk, which took effect Jan. 1, 2007, will help prevent financial elder abuse by making employees of banks, credit unions and other financial entities mandated reporters of suspected elder abuse. Assemblywoman Wolk thanked Yolo FCU for being the first financial institution to endorse the legislation and leading the way for others to follow.

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