An elder advocacy groups-led program of free web and in-person training is being launched Thursday to help seniors become comfortable with online and mobile banking.

ReadySetBank is aimed to help seniors improve economic security from better money management.

“(It’s) a wonderful opportunity for older adults to use technology to support their independence,” said National Council on Aging President and CEO James Firman.

Only 18 percent of people use mobile banking, according to the Federal Reserve.

The training is designed to teach seniors how to use mobile banking apps; how to set up alerts of potentially suspicious purchases and withdrawals from their accounts that to provide early warnings of identity theft; and how to enroll in direct deposit Social Security and private retirement benefits.

NCOA is partnering in the program with Older Adults Technology Services, a nonprofit that helps seniors develop technology skills.

Capital One is bankrolling the initiative, but participants can use any financial institution they choose. presents a host of videos on topics ranging from the benefits of online banking to online banking safety.

As an example the “benefits” section offers segments on managing finances as a traveler, getting money to family members easily and taking control of personal finances.

In-person classes will be offered after October 1 in Boston, Chicago, Los Angeles, New York and Washington, D.C. provides contact information for the local groups that will be presenting the training.