SDBA Veterans Initiative

The SDBA is supporting an exciting new national initiative to ensure the safety and security of our nation’s 40,000 elderly veterans nursing home residents. Crimes of abuse, neglect and theft are routine occurrences in nursing homes and veterans homes, and I’m sure you will agree that the men and women who fought for our country and defended our freedom deserve better. Recognizing this need, the SDBA has partnered with the Senior Housing Crime Prevention Foundation (SHCPF), a national nonprofit organization established with direction from the Office of the Comptroller of the Currency to provide the Foundation’s nationally-acclaimed Senior Crimestoppers program at no cost to all 160 of our nation’s veterans nursing homes.

We need your bank to join with us in this effort by making a no-risk, fully-collateralized loan to the SHCPF to fund the Senior Crimestoppers program in the veterans homes. Loans to the SHCPF are fully-collateralized by investment grade bonds, provide a guaranteed yield, require a relatively short-term commitment, and your repayment is guaranteed. Participation in the Veterans Initiative will enable you to market your bank as a “Bank of the Veterans,” and not because you have a special product or service for veterans, but because you’ve done something tangible to provide for the safety and security of the veterans in your state who live in veterans homes.

“I commend the Foundation for working with the banking industry to protect low and moderate income seniors and veterans living in nursing homes. The FDIC strongly supports these efforts, and we show it by granting CRA credit for loans and investments the banks make in the Foundation.” FDIC Chairman Sheila Bair

For more information, contact Peter K. Gwaltney, SHCPF vice-chairman/CEO, at (877) 232-0859 or visit www.shcpfoundation.org.

TAdditional Information:
4Press Release
4Brochure
4Benefits of Participation
4Commitment Form