Local senior residents at Granada Homes Apartments in downtown San Antonio enjoyed a lot of special attention on August 20th as Broadway Bank announced an investment in the Senior Housing Crime Prevention Foundation aimed at making their home more secure.
Broadway Bank made a $1 million investment in the preferred stock of the Senior Housing Crime Prevention Foundation. A portion of the interest earned on that preferred stock is used to fund the Senior Crimestoppers Program at Granada Homes. Broadway Bank and Senior Crimestoppers made the announcement, flanked by McGruff the Crime Dog, local Crimestoppers and the San Antonio Police Department, “Senior Crimestoppers is a way for an administrator to further enhance the lives of the residents they serve. They all work very hard to provide safe, secure, comfortable living environments and their desire to implement the program is just one more example of this. Implementing this program does not mean that the facility currently has a crime problem, but that the administrator is proactively finding a way to keep problems from occurring in the future,” said Terry Rooker, president of Senior Crimestoppers.
Senior Crimestoppers is a coordinated set of components that work together to create a zero-tolerance-to-crime platform in senior housing facilities. This includes personal lockboxes for the residents, cash rewards up to $1,000 paid anonymously for information about wrongdoing of any kind, and effective, on-going education and training for staff members and residents. Senior Crimestoppers has reduced all aspects of crime in participating facilities by 94%.
“Broadway Bank is grateful for the commitment Senior Crimestoppers makes to protect the elderly residents in our local communities,” said Jim Goudge, Broadway Bank president and CEO. “Through our partnership with Senior Crimestoppers, Broadway Bank aims to support the mission of the Senior Housing Crime Prevention Foundation to provide the residents of Granada Homes with a safe and secure living environment.
About Broadway Bank
Headquartered in San Antonio, Broadway Bank was founded in 1941. It has evolved from a small neighborhood bank into one of the largest independently owned banks in Texas. Today, Broadway Bank continues to function as a family-owned and operated financial institution. Broadway Bank offers a full range of sophisticated financial services, including personal banking, private banking, military banking, business banking and wealth management. With right at $3 billion in total assets, the highly rated Bank operates 40 locations in San Antonio, Austin and the surrounding areas. Visit the Broadway Bank website at broadwaybank.com for more information.
It is hard to not be concerned with the amount of fraud and theft that is being suffered by our elders. According to the National Consumers League’s National Fraud Information Center, nearly a third of all telemarketing fraud victims are age 60 or older. Their strategies and tactics may differ, but these organizations are most interested in taking financial advantage of unsuspecting, trusting individuals.