The California Department of Financial Protection and Innovation (DFPI) has developed a new webpage with financial protection resources for survivors, guidance for financial institutions, and legal and reporting tools to help prevent financial abuse.
The DFPI supports survivors of domestic violence through financial protection resources, guidance for financial institutions, and legal tools – developed in partnership with FreeFrom, a national leader in ending gender-based violence.
Financial abuse is the most pervasive form of domestic abuse, affecting nearly 99 percent of total domestic violence cases. It is a form of coercive control – a pattern of behavior used by abusers to isolate, intimidate, and dominate victims by manipulating their access to financial resources. Many survivors stay in abusive relationships because they lack the financial means to leave. Even after leaving, they may face lasting consequences such as debt, poor credit, or lack of access to housing, healthcare, or employment.
Explore the following resources on the new webpage:
For more information, email Lisa Quaranta.
Your League-member benefits include the Compliance Hotline — providing exclusive access to dedicated compliance experts:
Using the above phone number and email address, you can gain access to a knowledgeable team that’s ready to address all your credit union’s compliance inquiries — promptly and efficiently. With the Compliance Hotline, you can proactively respond to impromptu questions and issues by getting clarity and insight on technical topics that normally slow you down. We want to help you unlock the full potential of your League membership by leveraging the resources and support you need to navigate the complex world of compliance effortlessly. We’re ALWAYS just a phone call or email away!
Additionally, other League-member compliance resources include:
For more information, email Lisa Quaranta.
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