Community Trust Bank is joining in the fight to prevent financial elder abuse

MADISON, MS – June 14, 2011

To spotlight June 15th “World Elder Abuse Awareness Day”, Community Trust Bank is offering tips on how to identify and prevent elder financial abuse.

According to the Department of Health and Human Services, seniors throughout the United States lose an estimated $2.6 billion or more annually due to elder financial abuse and exploitation.

“Seniors are valued members of our community and it is our responsibility to ensure they live safely and with dignity,” explained Robby Carr, Vice President - Regional Retail Manager. “They can steer clear of financial abuse by being alert to the signs and knowing who to turn to for help.”

Community Trust Bank offers the following tips to our elder consumers:

• Never give your Social Security number, account numbers or other personal financial information over the phone unless you initiated the call.

• Don’t open e-mails from unknown sources, and beware of any notice claiming you have won a lottery.

• Shred receipts, bank statements and unused credit card offers before throwing them away.

• Review your monthly accounts regularly for any unauthorized charges. Report lost or stolen checks immediately.

• Order copies of your credit report once a year to ensure accuracy.

• Lock up your checkbook, account statements and other sensitive information when others will be in your home.

• Do business with companies you know are reputable, or first check their references and credentials. Beware of any home improvement contractor that comes to your door or tries to sell you services over the phone.

• If a stranger needs to send you payment for something, insist on a check for the exact amount. Never accept a check for more and wire the difference back.

• Never let someone pressure you into agreeing to loan terms before you’ve had a chance to review them in writing with a trusted advisor.

• Report any unusual account inquires you receive—whether by phone or e-mail—to your banker, who will take measures to protect your account and notify authorities.

• Carefully choose trustworthy people to act as your agent in all estate-planning matters.

• Talk to your local banker about any financial needs, concerns or questions.


About Community Trust Financial Corporation:
Headquartered in Ruston, Louisiana, Community Trust Financial Corporation (the “Corporation”) is a financial holding company with assets of $2.0 billion. It has two wholly-owned subsidiaries, Community Trust Bank (the “Bank”) and Community Trust Services Corporation. Community Trust Bank is a Louisiana chartered bank headquartered in Choudrant, Louisiana which provides a wide range of traditional banking services through 28 banking centers in north Louisiana, north Texas and north and central Mississippi. Community Trust Services Corporation provides support services to the Corporation and the Bank along with specialized services for third parties. Community Trust Financial Corporation’s common stock is not listed on any exchange and is traded through individually negotiated transactions. Additional information may be found at Community Trust’s website at