Category Archives: Economy


Medical professionals: A line of credit to ease cash-flow issues

You play an essential role in the health of your patients. Isn’t it time your financial institution did the same for you? Managing your business requires proper financing and Bank of American Fork may be able to help. Many medical … Continue reading

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Event: Solar power at home and work

The new Utah gold rush A perfect storm is brewing for solar energy in Utah. The installed cost of photovoltaic, or PV, solar panels continues to decline, and Rocky Mountain Power projects significant rate increases throughout the coming decade. With … Continue reading

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Event: Utah economic update

What are the current housing and employment conditions in Utah? What is the outlook for the Utah economy in 2014? On November 14, Bank of American Fork and Jim Wood, director of the Bureau of Economic and Business Research, University … Continue reading

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First bank merger in Utah since 2008 recession

People’s Utah Bancorp and Lewiston Bancorp merger closes People’s Utah Bancorp and Lewiston Bancorp have merged their holding companies—the first bank merger in Utah since before the 2008 recession. The merger closed today, October 18, following approval by regulatory agencies, … Continue reading

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Frugal Shopper: Knowing when to buy bulk food is as easy as 1, 2, 3

Our new series, Frugal Shopper with Rachel Turner, brings you tips for paying less and getting more at the grocery store. You know you don’t have the time to go to 37 different grocery stores to find the best price … Continue reading

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Frugal Shopper: If I buy store brand, am I sacrificing quality?

Our new series, Frugal Shopper with Rachel Turner, brings you tips for paying less and getting more at the grocery store. You know you don’t have the time to go to 37 different grocery stores to find the best price … Continue reading

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Gaining financial independence

Guest post by Richard Gray With Independence Day coming up, many are thinking about the “American Dream” and financial independence. Although many think of their personal finances, if you’re a business owner you’re probably thinking about your company. You may … Continue reading

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Buy your own building

Guest post by Richard Gray, Senior Vice President, Commercial Lending, Bank of American Fork Since coming out of The Great Recession, business owners and individuals are increasingly aware of the way debt can be harmful. However, debt can also be … Continue reading

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Steady growth in 2013

Guest post by Richard Gray, Senior Vice President, Commercial Lending, Bank of American Fork Now that the U.S. has enjoyed three years of uninterrupted—though slow—economic growth, it’s a good time to look at the economy and see what the current … Continue reading

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SWOTing Your Resolutions Out of the Park

Guest post by Richard H. Tyson, President, CEObuilder The early months of any year bring about new resolutions and commitments, both on a personal and organizational basis. Many resolve to get healthier, to learn new things, to be kinder or … Continue reading

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