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Protecting Older Americans

Fighting Fraud

AccountSmart from Utah’s Altabank (formerly Bank of American Fork) helps older customers and their caregivers spot and combat financial exploitation. This “smart” checking account features third-party monitoring, power of attorney, secure limited transfers to a caregiver’s account and automatic bill pay. A collaborative effort between the State of Utah and the bank, AccountSmart was developed to both empower older customers and reduce the number of senior fraud victims.

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