The Financial Club breakfast meetings are held on the third Monday of each month at 9:00am in the Arlington Room at Anthem Center. The topic for the June 15 meeting (if the SCA recreation centers are open) will be: The Secure Act of December 2019: “How will it affect our IRAs and our beneficiaries when they inherit our IRAs? We will also cover Required Minimum Distributions (RMDs) and how to calculate them. What are the rules for inherited Roth IRAs?” Recent meetings covered Cyber Security, Real Estate Investment Trusts (REITs), Wills & Trusts, Exchange Traded Funds (ETFs), Travel Tips, Cable/Direct/Sling TV, Credit Cards, Life After Anthem, Travel Insurance, and Pre-Paid Funerals. All meetings have been well attended with lively and informative discussions. We enjoy coffee and donuts as we discuss a preselected topic. For more information, contact John Michel at Michel.JohnF@gmail.com.
Recent meetings covered Real Estate Investment Trusts (REITs), Wills & Trusts, Exchange Traded Funds (ETFs), Travel Tips, Cable/Direct/Sling TV, Credit Cards, Life After Anthem, Travel Insurance, and Pre-Paid Funerals. All meetings have been well attended with lively and informative discussions. We enjoy coffee and donuts as we discuss a preselected topic. For more information, contact John Michel at Michel.JohnF@gmail.com.
Our speaker on March 5 was Barbara Pope, Vice President and Branch Manager, American First National Bank in Henderson. Ms. Pope provided some history about American First National Bank –what it means to be a Community bank, what makes them different. AFNB is an Asian-American owned National Bank with assets of $1.904 billion at the end of 2019 with full FDIC insurance, headquartered in Houston. AFNB’s mission is “to become the leading Asian-American owned financial institution within the United States”.
Ms. Pope covered “Senior Crime Prevention: Recognize and reduce the risk of elder financial exploitation”:
- What is Elder Financial Exploitation
- Common Examples of Financial Exploitation
- Safeguards to protect yourself from exploitation
- Abuse by caregivers/in home helpers
- Investment Fraud
- Telephone scams & other types of fraud seniors are subject to
The presentation is available in "Documents" on the right side of this page ---------------------------->
And there was a very different surprise! Ms. Pope brought some “Lucky Money” giveaways. In celebration of the 2020 Year of the Rat Chinese Lunar New Year, the newest addition to the Lucky Money Collection was announced --- 2020 Year of the Rat Lucky 8’s Serial Number Banknotes. The Year of the Rat 2020 product is designed with Decorative Chinese Symbolism and packaged in a Symbolic Red Folder adorned in Full-Color. Each folder contained an uncirculated Genuine Legal Tender United States Banknote. This features an uncirculated $1 Federal Reserve note with serial numbers containing the numbers “88."
As raffle prizes, AFNB donated three savings accounts at the bank. The winners were Lynne Warner ($300), Robert Trocco ($200) and Hinde Socol ($100).
Congratulations to our “Guess the Dow” winners for the Dow closing on 12-31-19!
- First place ($50 gift certificate) – Lennette Horton
- Second place ($25 gift certificate) – Bob Warner
- Third place ($25 gift certificate) – John Paul
AFC Officers were elected at the November 13 membership meeting:
President Lennette Horton
Vice President Ira Adler
Treasurer Ken Adrian
Secretary Larry Jensen
Many thanks to you for stepping up to lead our great Club!
Photo above shows your Anthem Financial Club Officers for 2020: Treasurer Ken Adrian, Secretary Larry Jensen and President Lennette Horton (VP Ira Adler missing)