Category Archives: Economy


Basic Strategies for Simplifying Your Financial Life

Nine ways to eliminate clutter, organize accounts and streamline how you manage your money Courtesy of the Federal Deposit Insurance Corporation There are many reasons to organize and simplify your financial life. Eliminating clutter, saving time and reducing stress are … Continue reading

Posted in Checking, Credit cards, Debit cards, Debt, eBanking, Economy, Personal, Savings, Security, Wealth Management | Tagged , , | Leave a comment

Finish your holiday shopping in five minutes

Didn’t get all your holiday shopping done on Black Friday? Shopped out? Finish your shopping for everyone on your list in five minutes. A VISA®Gift card is the perfect present for any child, spouse or friend. VISA® Gift cards allow … Continue reading

Posted in Business, Debit cards, Economy, Personal | Leave a comment

Bribing Kids to Work Hard in School: Does It Work?

Christopher’s 11-year-old son Nathan was at the kitchen table working on a math worksheet—rounding numbers up and down. It was a fairly simple assignment for the sixth grader, but he was struggling to concentrate and buckle down to get the … Continue reading

Posted in Community, Economy, Personal | Leave a comment

Measuring ROI: Using the Net-Present-Value Approach

Guest post by Jon Allen, Chief Compliance Officer, Bank of American Fork The goal of financial management in a company is to maximize the value of the company’s stock.  Managers need ways to determine whether a project being considered will … Continue reading

Posted in Business, Economy, Guest authors | Leave a comment

Utah Economy Faring Better Than Nation

Guest post by Dale Gunther Economists know that Utah typically grows more rapidly than the nation after recessions, and this recovery is no exception. While other states in the nation still struggle with lackluster economies, Utah’s is burgeoning, as evidenced … Continue reading

Posted in Business, Economy, Guest authors | Leave a comment

Trade Your Commercial Lease for Ownership

Guest post by Richard Gray, Senior Vice President, Commercial Lending, Bank of American Fork It’s no secret that the past few years have seen drastic changes in the real-estate market. Those looking to sell property face an uphill battle with … Continue reading

Posted in Business, Economy, Guest authors, Loans, Real estate | Leave a comment

Invest in Yourself with SBA Loans

Guest Post by Dale Gunther, Vice Chairman of the Board, People’s Utah Bancorp Could your business benefit from the still-low commercial real-estate prices? Let me tell you about one business that did. Recently, one of Bank of American Fork’s small … Continue reading

Posted in Business, Economy, Guest authors, Loans, Management, Real estate | Leave a comment

What JP Morgan’s $2 Billion Blunder Tells Us About Too-big-to-fail

Guest post by Dale Gunther A little over a month ago, JP Morgan Chase CEO Jamie Dimon announced a $2 billion trading loss. The cause? Complex derivatives on credit default swaps—the same instruments that were a major cause of the … Continue reading

Posted in Business, Economy, Guest authors | Leave a comment

Improve Your Personal Savings Rate

Guest post by Dale Gunther, Vice Chairman of the Board, People’s Utah Bancorp When the economy was hard hit in late 2008, consumers began to worry about their future. With unemployment rising and investments faltering, many began to get serious … Continue reading

Posted in Economy, Personal, Savings | 1 Comment

Freddie, Fannie Expand Forbearance for Jobless Homeowners

Government-sponsored enterprises Freddie Mac and Fannie Mae both recently announced expanded forbearance programs for unemployed homeowners that cannot afford mortgage payments. Beginning February 1, 2012, Freddie Mac is giving mortgage servicers the authority to offer up to one year of … Continue reading

Posted in Economy, Loans, Personal, Real estate | Leave a comment
100 Year On Blog
This blog includes articles, information, tips and advice on all things money by the financial experts at Bank of American Fork. But this blog is not one-sided; we want to hear what you think. Share your ideas, experiences and comments to get the dialogue going.

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