Devon Bank - Twelve Senior Residence Facilities

The person who wrote me anonymously about the "About Us" page at Devon Banks website. The sentence - Today we have 17 locations including five full service offices and twelve senior residence facilities.  It should read -

Today we have 17 locations including five full service offices and twelve facilities located in senior residences.


I researched it. I can only find information on two of the twelves residences. I don’t know why they’re keeping them such a secret? I don’t think they own the Senior housing, are mismanaging their clients money on purpose to throw them into one of those homes and let Medicare pick up the tab to make more money. It does imply that they’re in cahoots with nursing homes and I already know they’re in cahoots with guardians. It just opens a whole new can of worms and a whole lot of questions:

• How many of those residents opened a trust account at Devon Bank then wound up there? If they have one client then that’s one client too many.

• Snipped.

• Do those Senior Citizens (in those residences) get choices in regard to how they spend their money OR are they forced to do whatever Devon Bank tells them to do? Do they have to hire employees of Devon Bank? Remember, Sally Griffin (bank trustee) told Ludwig that she would not sell his stocks, spend his money or hire anyone without his consent only to do what she promised she wouldn’t (and this was way before she paid a doctor to call him incompetent). She forced her employees on him, didn’t ask him any questions and when Ludwig complained, Sally said, ‘Too bad.’ Are those Seniors in those facilities treated the same way? Are they heard and asked or walked all over?

• Do they even get bank statements or are their assets hidden from them as well? It took Ludwig’s family over a year to get a copy of his will (and they didn’t get it in it’s entirety). It took almost four months for him to get a copy of his trust account (and I had to report Sally Griffin to Elder Protective Services in order to get him one). Are they hiding anyone else’s assets? If they are, why?

• Are there other banks that offer the same service (in these residences) so none of these Seniors are forced to deal with just Devon Bank? Are they given choices?

• More importantly, are they treated with decency and given respect? And if they aren’t, is there anyone that hears those poor souls cry ‘rape’ or ‘foul?’

It’s just a whole new can of worms....... I can’t exactly go over there and check to see if they’re alright but someone should that’s not employed by Devon Bank. It’s very easy to spot elder abuse too. Ask them how they’re doing and if they complain about the bank (within reason) then they’re fine. Everyone has complaints but if you're abusive, the abuser won't allow it - they beat you down until you have nothing to say.  Snipped. So, if the Seniors in those residences can complain about the bank, my guess is they're fine.  We just don't know and there's twelve residences now that house Seniors...... they might be in trouble too.


But two bad apples doesn’t spoil the entire orchard at Devon Bank. It does make you worried that you might bite into one only to discover a worm hidden inside.


I met a teller on Western Avenue. She worked there for more than 25 years (if memory serves) and she wouldn’t work there that long if she wasn’t proud to be there. She’s not only professional but personable (which you just don’t run into in the hustle and bustle of a big city like Chicago) . That woman is downright pleasant and a joy to do business with. I even complimented her on it, I couldn’t help myself. She said, ‘Maybe you should mention something to the higher ups?’ I took that to mean she felt unappreciated even though she didn’t say as much. She’s a good woman, she wouldn’t do anything to drag her employer or man down. That one has personal integrity so they’re not all bad apples at that bank.


I’ll get back to the senior residence facilities and let you know what I can find out. Thanks for the information. I appreciate all the comments people are leaving. I just don’t have time to research everything right now when I’m researching all the poor souls under guardianship.