Category Archives: Seniors


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

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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 | 4 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

Elder Fraud: How To Spot and Prevent Financial Abuse

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

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7 Tips for Seniors to Avoid Financial Exploitation

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

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Free Seminar for Ages 55+ and Caretakers

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

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Announcing AccountSmart Tools for Seniors

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

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