North Carolina H754 aims to protect older and disabled adults from financial exploitation and updates savings bank laws.

North Carolina H754 enhances protections against financial exploitation of older and disabled adults by allowing financial institutions to delay or refuse transactions if they suspect exploitation. It mandates training for financial institution employees on identifying and preventing exploitation. The bill also updates savings bank laws to align more closely with commercial banking laws, including provisions for branch relocations and the establishment of new branches.

North Carolina H754 aims to protect older and disabled adults from financial exploitation and updates savings bank laws.

North Carolina H754 enhances protections against financial exploitation of older and disabled adults by allowing financial institutions to delay or refuse transactions if they suspect exploitation. It mandates training for financial institution employees on identifying and preventing exploitation. The bill also updates savings bank laws to align more closely with commercial banking laws, including provisions for branch relocations and the establishment of new branches.