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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.

Lucky Piggy Savings Logo
Andrea Rodrigues
News

BankFive First to Offer Prize-Linked Savings Account

BankFive is the first bank to offer a prize-linked savings account in the state of Massachusetts.

White and blue motor boat
Andrea Rodrigues
Any

Things to Consider When Buying a Boat

If you are looking to purchase a boat this summer, here are some tips to help you find and finance the perfect watercraft.

BankFive Group Photo Check Presentation Veterans Wall
Andrea Rodrigues
News

BankFive Awards $50,000 to Vietnam Veterans Memorial Wall

BankFive awarded a $50,000 grant to the Fall River Vietnam Veterans Memorial Wall.  The donation will be paid over two years at $25,000 per year.

young homebuyers hugging and smiling, holding the key to their first home
Deirdre Jannerelli
Home Tips

6 Tips for Making the Home Buying Process More Enjoyable

Finding your dream home doesn't have to be a nail-biting experience. With a little preparation and forethought, you can help take the pain out of buying a home.

Senior Woman Giving Credit Card Details On The Phone
Deirdre Jannerelli
Security

Beware of these 9 Financial Scams Targeting Seniors

Help prevent elder financial abuse by taking note of these common scams targeting older Americans.

two first-time home buyers imagining their future home
Deirdre Jannerelli
Home Tips

3 Challenges Facing First-Time Home Buyers and How to Overcome Them

For many first-timers, buying a home can be challenging. Let’s take a look at some of the common hurdles to home ownership, and what you can do to help overcome them.

Bank Five Blog
Andrea Rodrigues
News

BankFive Offers New FHLBank Boston Homebuyer Assistance Program

BankFive has been selected to participate in FHLBank Boston Housing Our Workforce (HOW) program.

Hand holding smart phone with home control application with blur
Andrea Rodrigues
Security

Be Smart With Your Smart Home Security

Smart homes can enhance our lives with more convenience and accessibility, but it’s important not to let convenience come at the expense of your privacy and safety.

Bank Five Blog
Andrea Rodrigues
News

BankFive Offers Assistance to Homebuyers Through FHLB Boston Program

BankFive has been selected to participate in the Federal Home Loan Bank of Boston’s Equity Builder Program.

four college students sitting on a bench on campus with notebooks and a tablet
Deirdre Jannerelli
Money Management

13 Financial Tips for College Students

Learning responsible money management skills as an undergrad can help pave the way for a bright financial future post-graduation.

man and woman signing account forms together
Deirdre Jannerelli
Money Management

Adding a Secondary Signer or Beneficiary to Your Bank Account

Have you ever thought about having a second person listed as a signer or beneficiary on your checking or savings account? It may be worth considering.

cartoon of people on their phones posting on social media
Deirdre Jannerelli
Security

An Innocent-Looking Social Media Post Could Lead to Identity Theft

You may want to think twice before filling out that social media survey with questions like, "Who was your first best friend?" or "What was the first car you ever drove?"

Pictured L-R: Richard Lafrance, BankFive Chairman of the Board, Michelle Hantman, President & CEO of United Way of Greater New Bedford, William R. Eccles, Jr., BankFive President & CEO.
Andrea Rodrigues
News

BankFive Holds 163rd Annual Meeting

BankFive President and CEO William R. “Bill” Eccles, Jr. marked a record breaking year for the bank at its 163rd Annual Meeting.

cartoon graphic of employees celebrating the promotion of a colleague
Adam DeFrias
News

BankFive Announces Promotions of Several Employees

BankFive is pleased to announce the promotions of several employees within the organization.

Man in joy sounded by raining money
Andrea Rodrigues
Money Management

What to Do with Your Tax Refund

Taking some time to think things through will help you to make the most of your tax refund.

Tax Time written on a note pad, on a desk, surrounded by an income sheet and calculator
Andrea Rodrigues
Money Management

Preparing Your Tax Return? Take Note of Recent Changes

Be aware that there are several major changes that may have an impact on your 2018 tax return.

Antonio Esteves, Investment Executive
Andrea Rodrigues
News

BankFive Hires Esteves for Investments Unit

BankFive is pleased to announce that it has hired Antonio Esteves as Investment Executive representing Osaic Institutions, Inc. located at BankFive.

IRA, 401k, and Roth written on a sheet of note paper, surrounded by money and a calculator
Andrea Rodrigues
Retirement

What are the Differences between a Traditional IRA and a Roth IRA?

An IRA, or Individual Retirement Account, allows you to save for retirement on a tax-deferred basis or with tax-free growth.