Bridgewater Bank is committed to supporting our seniors and the individuals that love and care for them.
Canadians are living longer, which can bring health, mobility, or cognitive changes that may impact their ability to bank. Banks can support you and make banking easier by providing information on tools that are available such as:
- Duplicate statements that can help if a statement has been lost
- Accessibility options can make it easier to understand important information
- A Power of Attorney can help if you need assistance managing your financial affairs
- Having a joint bank account can make paying bills easier as more than one person can access the funds
- Knowing the signs of financial abuse can help protect you and those you care for; even tools that are designed to help can be used to hurt
Learn more about programs and services for seniors from the Government of Canada here.
Code of Conduct for the Delivery of Banking Services to Seniors
The Code of Conduct for the Delivery of Banking Services to Seniors (the Code) was created to help guide banks in their delivery of services to seniors. The Code recognizes that not all seniors will be affected by the same issues, but certain issues may affect a higher proportion of seniors.
Read more about the Code here.
Powers of Attorney and joint deposit accounts
Planning in advance can help prepare you for the future. Powers of Attorney and joint accounts are useful tools that can help you to relax, knowing you have a plan in place. It is important that you understand these tools if you are planning to use them in your financial preparations.