Quotes About SHCPF
From the Bank Examiners and Banking Regulators
From the Senior Housing Industry
From the Bank Examiners and Banking Regulators
"The Senior Crimestoppers program will improve nursing home residents'
sense of security and should be a model for banks throughout the country."
— The Honorable John D. Hawke, Comptroller of the Currency, Washington,
DC
"In a rather innovative community development program, the bank has
originated two loans…to the Senior Housing Crime Prevention Foundation,
a non-profit corporation based in Tennessee. This Foundation was established
to insure the safety, security, and protection of nursing home residents
against all aspects of crime."
— FDIC, New York, NY office
"In October 2002, the bank granted a loan to a non-profit corporation, which was established with the guidance from the OCC. This corporation's primary purpose is threefold:
- To ensure the safety, security and protection of nursing home and HUD senior housing residents against all aspects of crime;
- To provide an avenue for the banking community to receive qualified CRA credit through participation; and
- To provide private trusts and foundations with a risk-free way to fulfill their missions by supporting crime-free environments for residents of these facilities.
— OTS, Irving, TX office
"…notable qualified investments held by bank during the review period…in
September 2002 (previous exam period), bank purchased preferred stock in
a foundation committed to support crime prevention in nursing homes…The
services offered by the foundation, including lock boxes and crime prevention
counseling, are considered community services targeted to low- and moderate-
income persons."
— FDIC, Chicago, IL office
"One innovative loan was to a national nonprofit organization that
administers a program to reduce crime in senior housing facilities providing
services to low- and moderate-income persons."
— OCC, Miami, FL office
"…we have determined that the activities of the Senior Housing Crime
Prevention Foundation have a primary purpose of "community development"…an
investment or loan to SHCPF would receive favorable consideration by the
New York State examiners in a CRA Performance Evaluation. In addition,
the SHCPF would likely be viewed as an innovative program."
— Edward B. Kramer, New York State Banking Department
From the Banking Community
"That is what's different about Senior Crimestoppers. You can actually
see the impact of your investment. New business generated by the program
has been staggering. No risk, no work, 11.5% annual yield. We want all
we can get. Bottomline, the results have surprised us all. It's simple,
it works and it gives us CRA credit."
— Bill Reed, Vice-Chairman, SunTrust Bank, Atlanta, GA
"Our investment in the Foundation helps the nursing home gain a greater
sense of security. The program is designed to deter crime before it becomes
a problem. Hibernia views this investment as an opportunity to make a significant
positive impact with our community."
— Wayne Denley, Area President, Hibernia National Bank, New Orleans,
LA
"We did a lot of due diligence. The opportunity looked like something
that would be good for us, it was safe, it was sound. Now we’re going to
take it to the next level — to market the program and leverage all the
benefits of the age 50+ group.”"
— Virgil Miller, Senior Vice President, Metropolitan National Bank,
Little Rock, AR
"It is vital for a bank to help insure the safety and security of
our most vulnerable citizens who reside in our community’s nursing homes.
It just makes good business sense to get involved…if we take care of somebody’s
mom and dad, that 50+ person is going to do business with us."
— Tim Englert, President, First Community Bank, DeBary, FL
"Not only will we be providing lock boxes to the residents for prevention
purposes, the crime reporting tip-service also will be a boon to residents.
This program allows us to get CRA credit for participating and at the same
time provide added security for the nursing homes. It’s a win-win for everybody."
— Jimmy Clayton, President & CEO, Planters Bank, Indianola, MS
"I see this program from both sides. As a nursing home administrator,
we welcome the prospect of having Senior Crimestoppers to help us in our
endeavor to provide the highest quality of life for our residents possible.
As a member of the Board of Directors for the bank, this is a wonderful
opportunity to reach into our community and provide a very valuable service."
Dan Bucher, Assistant Administrator, Elkins Regional Convalescent Center
& Board Member Mountain Valley Bank, Elkins, WV
"We’re pretty excited. It’s a very effective and successful program."
— Ed Czajka, CFO, North Valley Bank, Redding, CA
"The Foundation has been very easy to work with. Basically, all we
had to do was identify the amount we wanted to invest and which bond we
wanted to utilize for collateral purposes. The Foundation took care of
everything else for us. It has been a very easy way for us to satisfy a
portion of our annual CRA requirement."
— Jennifer L. Foote, CRA Officer, First National Bank, Manitowoc,
WI
"In 2003, The Guilford Savings Bank became the first bank in Connecticut
to enroll in the Senior Housing Crime Prevention Foundation's "Crimestoppers" program
and we continue to be a proud supporter. It truly presents a win-win situation
for everyone involved. Our investment facilitates a reduction of crime
in the elderly care facilities we sponsor, which obviously makes them better
places in which to reside and work. It also gives us the opportunity to
cross-market our retail offerings to a captive audience. The icing on the
cake is that we receive CRA qualified investment credit for doing something
that directly benefits the communities we serve."
— Timothy P. Geelan, Senior Vice President, The Guilford Savings
Bank, Guilford, CT
"Crime in nursing homes is a sad but very real problem throughout
our nation. Republic Bank views this investment as a positive way to have
an impact in the community we serve."
— Steven E. Trager, Chairman/CEO, Republic Bank & Trust Company,
Louisville, KY
"The First National Bank of Jeffersonville is committed to the communities
it serves and we believe it is vital for a bank to help insure the safety
and security of our community’s nursing homes."
— Raymond L. Walter, President & CEO, The First National Bank
of Jeffersonville Jeffersonville, NY
"We are proud to partner with the SHCPF, and we feel that it is important
for us to make these services available to the residents and staff in our
community to ensure their safety, security and peace of mind."
— Vicki Schlagel, Senior VP, First MainStreet, Longmont, CO
"We were looking for something that could be a good investment in
the community which would allow us to do something different from other
banks in the area. This program has passed the test on all fronts. In fact,
one of the nursing homes that we sponsor has moved their entire banking
relationship to our bank and it has been positive for everybody."
—Carla Jarrell, VP Compliance, Bank of Nashville, Nashville, TN
"It makes the residents feel more secure. There’s the old adage that
says 'I'd like to do something (about crime) but I don’t know how to get
involved.' This way (investing in the Foundation), makes it easy for us
to get involved."
—Darby Byrd, CEO, Orange Savings Bank, Orange, TX
"This program provides an invaluable service, working toward the
safety and protection of particularly vulnerable seniors."
—Guillarmo Villar, President/CEO, CommerceBank, Coral Gables,
FL
"Specifically, the investment will provide safe, secure, crime-free
residences to 5,785 residents through the year 2007. We are very pleased
that we are able to help insure the safety and security of some very vulnerable
citizens. We hope that improving nursing home residents sense of security
will serve as a model for other banks."
—Thomas L. Bugielski, President, Founders Bank, Worth, IL
"Many CRA investments are inflexible, complicated and time consuming,
but the Senior Housing Crime Prevention Foundation gave us the ability
to choose the type of investment, the geographic area and which facility
the bank’s investment will go towards. We look forward to a continued relationship
with the Foundation."
—Dana Albera, CRA Officer, MidSouth Bank, Houma, LA
From the Senior Housing Industry
"Senior Crimestoppers stands tall in crime prevention and even larger
as an effective quality of life enhancer for senior housing."
— Bob Brown, U.S. Department of Justice
"I have witnessed Senior Crimestoppers decrease all types of incidents,
which translates to fewer professional liability challenges for long-term
care owners. Facilities benefit in many areas including liability reduction
and loss containment, preventative measures and in-service tools, risk
enhancement and insurance rate reductions and improved staff morale. To
sum it up — fewer incidents mean fewer lawsuits, which translates to a
reduced cost of risk for owners and operators of longterm care facilities."
— Principal Insurance underwriter
" Senior Crimestoppers is instrumental in providing the highest security
to our veterans with the same depth that our nation’s veterans paid in
providing security to our country."
— Veterans Nursing Home Administrator, Jennings, LA
"We make a point of educating our patients and their families about
our Senior Crimestoppers Program at the time of admission. In fact, our
Senior Crimestoppers Charter is prominently displayed on the wall in our
admissions office. We are optimistic that this proactive approach will
give us a leg up on reducing losses and the accusations that normally follow."
— Nursing Home Administrator, San Francisco, CA
"Senior Crimestoppers is a win-win proposition."
— Nursing Home Magazine
"Senior Crimestoppers has been a wonderful addition to our facility.
Not only have the incidents we were previously experiencing significantly
decreased, several of the incidents we have experienced since program implementation
have been solved. We're delighted, as are our residents and families, to
be a part of the program."
— Nursing Home Social Services Director, Mason, OH
"This new program that you have created reinforces to me your dedication
to our communities and how committed you are to creating a culture where
crime is simply not tolerated."
— Nursing Home Administrator, Hermitage, TN
"The safety and security of our residents has always been a top priority
and this program complements and strengthens our existing efforts. Having
a program similar to the Neighborhood Watch is a positive, proactive way
to involve management, staff and our community in the safety, care and
comfort of our residents."
—Nursing Home Administrator, Monroe, LA