Better, Together.


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.

two business people shaking hands
Marissa Scott
Business

Tips for a Business Succession Plan

Having a business succession plan in place can eliminate the stress associated with a transition of ownership, and ensure it is done correctly if plans change quickly. 

café employee looking at tablet
Marissa Scott
Business

How to Prepare Your Business for a Recession

With many experts predicting a recession, it’s smart to take steps to prepare your small business in case it does become reality. Here are some things to focus on.

Tracy Banville headshot
Marissa Scott
Employee Spotlights

Tracy L. Banville: Celebrating 20 Years with BankFive

Congratulations to Tracy Banville on her recent milestone anniversary of 20 years of service with BankFive!

SBA loan documents, calculator and pen on desk
Marissa Scott
Business

How to Apply for an SBA Loan

Whether you're starting a small business or looking to grow an existing one, here is some guidance for receiving assistance through the Small Business Administration.

Home purchased with a VA Loan
Christopher Craig
Mortgages

What Exactly is a VA Loan?

If you're a U.S. military member or veteran, you may have heard of a special loan available to help military personnel purchase homes. But what exactly is a VA loan?

Person on laptop with several icons in front
Marissa Scott
Business

5 Tips for Setting up a Payroll System for Your Business

Regardless of how you choose to tackle the setup of your payroll system, here are 5 important tips to keep in mind.

woman painting a wall
Marissa Scott
Home Ownership

Tips for Financing Home Renovations

While home renovations will likely boost your home's resale value, they can be costly. Determining the right way to pay is an essential part of the planning process.

Andrea Rodrigues
News

Edward G. Siegal appointed to BankFive Executive Committee

Edward G. Siegal, CPA, BankFive board member, has been appointed to the Executive Committee.

Gualter Chaves headshot
Marissa Scott
Employee Spotlights

Employee Spotlight: Gualter Chaves

Meet Gualter! Known as "Super G" by his colleagues, he has been a part of the BankFive family for 17 years and now works as our Disclosure Desk Supervisor.

Woman looking at paperwork
Marissa Scott
Security

8 Signs That Your Identity May Have Been Stolen

It is so important to stay vigilant and investigate any signs that could point to identity theft. Here are some potential red flags to look out for.

Stamper reading "NONPROFIT"
Marissa Scott
Business

Funding Options for Non-Profit Organizations

Although many non-profit organizations operate similarly to for-profit businesses, finding and qualifying for funding can be more difficult for non-profits.

person reviewing document with others at desk
Marissa Scott
Retirement

Estate Planning Basics

Everyone who has money, property, or possessions they want to leave to specific people should have a basic estate plan in place.

Someone paying with a credit card
Marissa Scott
Business

What Small Businesses Should Know About Card Processing Fees

Many small businesses are familiar with transaction processing fees, but understanding them can be confusing. Take a closer look at debit & credit card processing fees.

Elderly couple sitting with financial planner
Marissa Scott
Security

Protecting Older Individuals from Financial Exploitation

Every year, older adults are subject to financial abuse. Protecting seniors from the devastating effects of financial abuse requires people to work together.

Cartoon employees celebrating
BankFive
News

BankFive Announces First Vice President & Officer Promotions

BankFive, a community bank with locations in Massachusetts and Rhode Island, today announced several significant promotions.
 

Woman sitting on her laptop holding a credit card
Marissa Scott
Business

Building Your Business Credit Score

To run your business as effectively as possible, a good credit score is helpful. Here are some tips to help build and maintain your credit score as a business owner.

phone screen with unknown caller
Marissa Scott
Security

Security Alert: Beware of Amazon Impersonators

We’ve been made aware of a growing number of phone scammers pretending to be from Amazon. Learn more about the scam and tips when receiving an unexpected phone call.

William H. Lapointe and Anne P. Tangen
BankFive
News

BankFive Remarks on Unprecedented Year, Reviews 2021 Fiscal Performance at 166th Annual Meeting