Category Archives: Seniors


Standing Watch Over Grandma’s Money

Families and caregivers nationwide have stories about an older person close to them who has been taken advantage of financially. We need your help to spread the word that families and communities need to put checks and balances in place … Continue reading

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Bank of American Fork Receives Award for Age-friendly Banking

By Amy Falke The Utah Division of Aging and Adult Services recently recognized Bank of American Fork for its pioneering efforts in age-friendly banking. Bank of American Fork has been a national leader in developing programs and products that make … Continue reading

Posted in Community, eBanking, Personal, Seniors, Wealth Management | Leave a comment

Senior finances: How families should help

Putting checks in place, not blame Families are often together during the holidays, making it a great time to talk about how everyone can be involved in protecting senior family members from financial abuse. Some shy away from money talk, … Continue reading

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Bank of American Fork helps keep seniors safe

Charter presentation kicks off Senior Crimestoppers at Rocky Mountain Care Last week Bank of American Fork and Senior Housing Crime Prevention Foundation teamed up to present the Senior Crimestoppers program at Rocky Mountain Care Center in Murray. Senior Crimestoppers is … Continue reading

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What is a reverse mortgage?

Guest post by Jilenne Gunther, Utah State Division of Aging and Adult Services What is a reverse mortgage? To qualify for a traditional mortgage, a lender checks your income to determine how much you can afford to pay back each … Continue reading

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Adding Others to Accounts: Understand the Risks

Courtesy of Federal Deposit Insurance Corporation Consumers often wonder about whether or how to add someone else, usually a relative, to a bank account. These decisions are not to be taken lightly. FDIC Consumer News can’t advise you on how … Continue reading

Posted in Checking, Credit cards, Guest authors, Personal, Security, Seniors | Leave a comment

20 Essential Tips for Those 55+

Are you trying to figure out how to navigate the changing financial world into your senior years? Bank of American Fork, Soltis Investment Advisors, Jones Waldo and Tanner LC teamed up recently to present a seminar for retirees and seniors. … Continue reading

Posted in Community, Events, Personal, Savings, Security, Seniors, Taxes, Wealth Management | Leave a comment

20 Essential Tips for Those 55+: A panel discussion on growing and protecting wealth

Join us on Thursday, September 27 at 6:30 p.m. at our Riverton branch for a free seminar geared to those in their senior or retirement years. Are you trying to figure out how to navigate the changing financial world into your … Continue reading

Posted in Events, Personal, Savings, Seniors, Wealth Management | 2 Comments

Direct Deposit to Replace Federal Benefits Checks

Guest post by Heidi Carmack, Communications Specialist, Bank of American Fork Starting March 1, 2013, direct deposit through a bank account or a Treasury-issued Direct Express Debit MasterCard® will be required for anyone receiving federal benefits payments. If you receive … Continue reading

Posted in Checking, Debit cards, Guest authors, Personal, Seniors | Leave a comment

Protect Grandma from Financial Abuse

June 15 is World Elder Abuse Awareness Day. Many think of physical abuse when they hear the phrase, but often overlook another common way elders are abused: financially. Financial elder abuse is rampant across the country, including in Utah, as outlined below: What … Continue reading

Posted in Checking, Personal, Security, Seniors, Wealth Management | Tagged | 3 Comments
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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