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
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
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
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
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
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
June 15 is World Elder Abuse Awareness Day. The purpose of WEAAD is to provide an opportunity for communities around the world to promote a better understanding of abuse and neglect of older persons by raising awareness of the cultural, … Continue reading
Guest post by Jilenne Gunther, MSW, JD, Utah Division of Aging & Adult Services The average victim of financial exploitation in Utah loses $57,000. How can you protect yourself from being exploited? Here are some tips: Ask for Help from … Continue reading
Avoid the legal labyrinth that comes with aging by attending our free seminar that will provide practica, straight-talking advice for those 55 and over—and their caretakers—living in Utah. In the class led by the legal enforcement counsel at the Utah … Continue reading
Bank of American Fork is being recognized as one of the first banks in the country to offer a suite of product features to help protect seniors against becoming victims of financial abuse. The package, called AccountSmart Tools for Seniors, … Continue reading
