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Your financial well-being is our priority. Beyond our valuable products and services, we're happy to provide informative articles on a variety of financial topics, and tips you can put into action.

BankFive
Security

Scam Alert: Phony Fraud Texts

We have been made aware of a new scam targeting BankFive customers. This one sends phony "fraud alert" texts in hopes of convincing the recipient to share their online banking credentials.

two people looking at business expenses
Marissa Scott
Business

When is the Right Time to Take Out a Business Loan?

By preparing ahead of time and not waiting until a desperate moment to seek business financing, you can provide stability and peace of mind for your business.

alert symbol over smart phone
BankFive
News

E-ZPass Scam Targets Massachusetts Drivers

This week MassDOT has warned Massachusetts Drivers of a text message scam related to the E-ZPass electronic toll collector, now referred to as EZDriveMA.

Person opening door with home figure keychain
Marissa Scott
Mortgages

Mortgage Terms Every Homebuyer Should Know

Buying a home can be incredibly stressful but going into the process with some preparation and clarity can make it smoother and less confusing.

person reviewing finances at table
Marissa Scott
Business

5 Things to Do When Your Business is Losing Money

It’s easy to panic when your business starts losing money, but having a plan when cash flow begins to decline can help you turn things around.

person looking at bank card with holiday sweater
Marissa Scott
Money Management

5 Tips for Paying Off Your Holiday Debt

If you’ve spent more than you bargained for this holiday season, establish a plan to tackle that holiday debt as soon as possible.

Adam Ethier
BankFive
News

BankFive Welcomes New Mortgage Loan Originator for Rhode Island Area

BankFive today announced the new addition of Adam Ethier as Mortgage Loan Originator, to their Warwick branch.

HEED logo
BankFive
News

BankFive Commits $40,000 to Coalition for Health Equity and Early Childhood Development

BankFive will be donating $40,000 to the Coalition for Health Equity and Early Childhood Development (HEED) through its BankFive Foundation alongside the SouthCoast Community Foundation.

people working at a table in a group
Marissa Scott
Business

5 Tips to Help Your Employees Succeed Financially

Employees who aren't always worried about how they'll pay their bills or whether they're saving enough will generally feel more content and work more productively, creating a win-win scenario. 

Linda Simmons, EVP, CFO & Treasurer
Marissa Scott
News

BankFive Announces New EVP, CFO, and Treasurer

Former EVP, CFO & Treasurer of Harborone Bancorp Inc. brings extensive experience to advance the bank’s accounting and financial operations.

person reviewing credit report
Marissa Scott
Credit

How to Build Credit with a Savings Secured Loan

One way to get your foot in the door and start building credit is to take out a savings secured loan. Take a closer look at what a savings secured loan is, and how it can help you establish credit.

security alert icon
BankFive
Security

State of Rhode Island Suffers Data Breach

Over the past weekend the State of Rhode Island announced that its RIBridges platform had been targeted by cybercriminals.

CFC logo
BankFive
News

Citizens for Citizens, Inc. Appoints BankFive’s FVP of Credit Administration Allison Pereira to Board of Directors

BankFive today announced that its First Vice President of Credit Administration, Allison Pereira, has been appointed to the board of Citizens for Citizens, Inc.

two people reviewing business financials
Marissa Scott
Any

3 Important Financial Metrics for Small Business Success

With so many financial tracking metrics out there, it can be easy to feel overwhelmed. By focusing on the most critical benchmarks, you can help position your business for success.

MOLIFE Food Pantry
BankFive
News

BankFive Commits $12,000 to Area Food Banks Ahead of the Holiday Season

BankFive announced that it will be donating $12,000 to 12 area food pantries ahead of the holiday season as record numbers of people are facing food insecurity.

Marissa Scott
Mortgages

5 Advantages of Buying a Home in the Winter

The advantages and potential cost savings of buying a home in the winter could be significant. 

woman shopping at small retailer
Marissa Scott
Local Business Spotlights

4 Reasons to Shop Local on Small Business Saturday

When you make purchases at local MA and RI retailers, you help support community businesses and the local economy. And what better time to visit local businesses than Small Business Saturday!

child putting coin in piggy bank
Marissa Scott
Financial Literacy

6 Holiday Gifts that Teach Children About Money

Gifts that promote financial literacy can provide lifelong value for a child, helping them establish the money management skills necessary for future financial independence.

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