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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.

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BankFive
News

EforAll Appoints BankFive’s EVP & COO Catherine Dillon to National Board of Directors

BankFive today announced that its Executive Vice President and Chief Operating Officer Catherine Dillon has been named to the Board of Directors of the national nonprofit Entrepreneurship for All.

person reviewing investments on tablet
Marissa Scott
Retirement

When to Seek Help from an Investment Advisor

One way to help determine if you should seek help from an investment professional is to understand what services they provide and how they could potentially help you achieve your financial goals.

SouthCoast Community Foundation Scholarship Presentation
BankFive
News

BankFive and SouthCoast Community Foundation Announce Recipients of 2024 President’s Scholarship

BankFive is proud to offer two scholarships in 2024 in response to financial need.

person handing paper check
Marissa Scott
Business

Is Remote Deposit Capture Right for Your Business?

If your business currently has a large volume of check payments and someone is manually trekking to the bank to deposit them, RDC is worth exploring.

piggy bank with coins falling in
Marissa Scott
Saving

What is a Prize-Linked Savings Account?

A prize-linked savings account comes with a chance to win prizes based on your saving habits, typically in the form of cash. 

small business owner at desk
Marissa Scott
Business

7 Tips to Make Your Business More Energy Efficient This Spring

Not only is energy efficiency environmentally responsible, but it can also save you money, which you can put back into your business.

home figure with energy levels
Marissa Scott
Home Ownership

Get a Home Energy Assessment This Earth Day

With Earth Day coming up on April 22nd, you may find yourself wondering how you can reduce your carbon footprint. If you’re a homeowner, a home energy assessment could be the answer.

parent and child putting coin in piggy bank
Marissa Scott
Financial Literacy

5 Fun Ways to Teach Your Child Financial Independence

Once your child begins to develop a curiosity about money, it’s a great time to start laying the foundation for smart financial habits.

person handing over check
Marissa Scott
Business

4 Ways Lockbox Services Can Help Your Business

Also called remittance processing, lockbox banking can help make check processing more secure, accurate, and timely.

two people looking at paint swatches
Marissa Scott
Home Ownership

7 Steps to Prepare for Home Renovations

Home renovations can be a big undertaking, but by taking some time to thoroughly prepare you can help to ensure a smooth project that fits your current financial situation.

Anne P. Tangen, BankFive President & CEO
BankFive
News

BankFive's Anne P. Tangen Talks Rhode Island Presence, Differentiation, and Industry Insights

BankFive's President & CEO Anne P. Tangen, recently sat down for an interview with Providence Business News for their feature "Five Questions with Anne P. Tangen".

two women business planning at desk
Marissa Scott
Business

3 Ways to Fund Your Business If You Don’t Qualify for a Loan

If your business needs funding and you’re not currently eligible for a business loan, it’s good to know that there are other financing options available.

parent looking at computer with two children
Marissa Scott
Financial Literacy

How to Protect Your Child from Identity Theft

Exposed sensitive data such as your child’s name, social security number and birthdate can put them at risk of having their identity stolen.

family looking at home in front of them
Marissa Scott
Mortgages

Local Mortgage Programs in MA & RI to Help You Buy a Home

If you are considering buying a home in this competitive market, here are some of the most valuable mortgage programs to consider in MA & RI.

two people reviewing business documents
Marissa Scott
Business

Who Should Have Access to Your Business Financials?

Managing access to your business’s financial records and accounts is crucial for both protecting sensitive information and making informed business decisions.

woman looking at tax refund check
Marissa Scott
Money Management

9 Ways to Make the Most out of Your Tax Refund

While it might seem tempting to blow your tax refund on a special item or outing, it can have a much bigger impact on helping you reach your financial goals.

woman helping customer check out
Marissa Scott
Business

How to Create a Customer Loyalty Program for Your Business

Building a customer loyalty program is one of the most effective marketing strategies to keep your customers engaged and coming back. 

person painting wall
Marissa Scott
Home Ownership

8 Home Improvement Projects that Add Value to Your Home

Home updates can translate into a higher home value, increasing the equity you have in your home, and giving you a chance to recoup some of the expense when you sell your home.