News

First Bank Protects Seniors By Funding Crimestoppers Program
 
01/04/2022 11:38 AM
Community Bank’s Support Helps Medford Care Center, Trinity House

First Bank has announced that it has partnered with the Senior Housing Crime Prevention Foundation, which provides protection and an enhanced quality of life for vulnerable senior housing residents.

As part of the Senior Crimestoppers program, First Bank’s donation of approximately $20,000 will directly help the residents of Medford Care Center in Medford, New Jersey and the Trinity House in Berwyn, Pennsylvania, have a safer and more secure living environment.

“First Bank is truly proud to support the Senior Crimestoppers program in their quest to create a safe and secure housing environment to people who really need it,’’ said First Bank President and CEO Patrick L. Ryan. “These days fraud is as prevalent as it has ever been, and it is important that we teach people to protect themselves as well as others. As a community bank we are very invested in the safety and well-being of our customers and members of our communities, especially those who are more vulnerable to criminal activity.”

“Senior Crimestoppers is a way for an administrator to further enhance the lives of the residents they serve,” said Terry Rooker, president of Senior Crimestoppers. “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.”

Crime against the elderly in our society is a longstanding, constant battle that can be reduced and prevented through the operation of the Senior Crimestoppers program in nursing homes and assisted living facilities. Senior Crimestoppers is a coordinated set of components that work together to create a zero tolerance to crime platform in senior housing facilities. Components include cash rewards up to $1,000 paid anonymously for information about wrongdoing of any kind, personal lockboxes for the residents, and effective, on-going education and training for staff members and residents. Senior Crimestoppers has reduced all aspects of crime in participating facilities by 95%.

CRA Partners, powered by the Senior Housing Crime Prevention Foundation, is a national organization that offers banks federally mandated CRA credit through the operation of the turnkey Senior Crimestoppers program providing safe and secure living environments for our nation’s low to moderate income seniors. Through flexible funding options such as CRA-qualified community development loans, investments or grants, banks provide the program in senior housing facilities, HUD communities and state Veterans homes while garnering positive public relations exposure in their communities.

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About First Bank

First Bank (firstbanknj.com) is a New Jersey state-chartered bank with 18 full-service branches
throughout New Jersey in Burlington, Gloucester, Hunterdon, Mercer, Middlesex, Somerset and Morris counties, as well as in Bucks and Chester counties in Pennsylvania. With $2.44 billion in assets as of September 30, 2021, First Bank offers a traditional range of deposit and loan products to individuals and businesses throughout the New York City to Philadelphia corridor. First Bank's common stock is listed on the Nasdaq Global Market exchange under the symbol “FRBA.” Member FDIC and EHL.

About Senior Crimestoppers
CRA Partners and Senior Crimestoppers are operated by the Senior Housing Crime Prevention Foundation (SHCPF), headquartered in Memphis, Tennessee.  The SHCPF mission is to provide protection and an enhanced quality of life for vulnerable senior housing residents through meaningful turnkey CRA compliance for community focused banks. Funded exclusively by the banking industry and endorsed by the ICBA and over 30 state bankers’ associations, the Foundation has developed a low-risk, profitable solution - CRA Partners - for banks of all asset sizes and charter types - to fulfill their federally mandated Community Reinvestment Act (CRA) requirements in the form of qualified loans, investments or grants through the operation of the nationally acclaimed Senior Crimestoppers program. For more information about Senior Crimestoppers, visit SeniorCrimestoppers.org or call 800-529-9096.
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