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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.

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.

Solar Project
BankFive
News

BankFive Partners with Sunwealth to Install Rooftop Solar at Project Independence in New Bedford

BankFive today announced it is partnering with clean energy investment firm Sunwealth to develop a rooftop solar project at Project Independence in New Bedford.

businessmen shaking hands at desk
Marissa Scott
Business

6 Things to Consider When Buying an Existing Business

Here are some things to keep in mind if you are considering purchasing an established business.

2023 Scholarship Recipient Malachia Nobre
BankFive
News

BankFive and SouthCoast Community Foundation Taking Applications For 2024 President’s Scholarship Fund

Fall River-based community bank, BankFive, and the SouthCoast Community Foundation today announced it is accepting applications for the 2024 President’s Scholarship Fund.

Patrick Deady, Executive Vice President, Director of Residential and Consumer Lending and Paul Medeiros, Executive Vice President, Director of Commercial Lending
BankFive
News

BankFive Promotes Two Veteran Lending Leaders to Executive Vice President

Financial Institution continues trend of fulfilling key leadership roles from within the bank.

woman sitting at computer with notebook and pen
Marissa Scott
Retirement

Are You on Track for Retirement?

Some people wonder if they’re saving enough on a regular basis, and whether they’ll have enough money to last through retirement. Others aren’t sure what age they’ll actually be able to retire at. 

person shaking hands in an office
Marissa Scott
Business

5 Ways a Community Bank Can Help Your Business

Here are some practical and impactful benefits of choosing a community bank as a partner for your business.

home cutout and paper list and pen
Marissa Scott
Home Ownership

5 Home Maintenance Tips for the New Year

The beginning of the year is a great time to evaluate your home maintenance goals and plan out the individual tasks you want to accomplish throughout the year.

person paying with POS
Marissa Scott
Business

6 Reasons Your Business Needs a POS System

Many of today’s POS systems are true command centers, allowing you to process transactions and payments, track orders, manage inventory, and more.

Anne P. Tangen, President & CEO of BankFive
BankFive
News

BankFive's Anne P. Tangen Spotlighted in Banker & Tradesman: Trust Matters in Wealth and Banking

Anne P. Tangen, President & CEO of BankFive, was featured in an article titled "Trust Matters in Wealth and Banking" published by Banker & Tradesman.

person handing over cash and pen
Marissa Scott
Loans

Pros and Cons of Taking Out a Personal Loan

Personal loans are commonly used to consolidate debt, cover medical expenses, or pay for a big purchase like a wedding or vacation.

person writing on documents
BankFive
Business

New Federal Reporting Requirements for Small Businesses

Many small businesses will be impacted by a new law called the Corporate Transparency Act that goes into place on January 1, 2024. Learn more about these changes and how to report them. 

Sharon Macinnes VP, Risk Management and CRA Officer and Anne Tangen, BankFive President and CEO
BankFive
News

BankFive’s Sharon Macinnes Named Recipient of John S. Brayton Community Service Award

BankFive Vice President, Risk Management and CRA Officer Sharon Macinnes has been named a recipient of the prestigious John S. Brayton Community Service Award by One Southcoast Chamber of Commerce.

Representatives from all organizations were on hand to celebrate the $18,000 in grants awarded.
BankFive
News

BankFive Foundation Commits Funding To 14 Food Assistance Centers to Combat Local Hunger

The BankFive Foundation is committing funding to 14 organizations on the SouthCoast to help combat food insecurity this holiday season.

person reviewing business documents
Marissa Scott
Business

5 Ways to Prepare Your Business for the New Year

The end of the year can bring closure for many aspects of your business. It’s the ideal opportunity to assess and adjust your business practices so you can start with a clean slate in the new year.

woman looking at computer confused
Marissa Scott
Security

7 Things to Do if Your Bank Account Is Hacked

Knowing what to do if you suspect your bank account has been hacked can help you minimize the damage and potential loss of funds. 

Westport Mortgage Lending Team photo
BankFive
News

BankFive Welcomes New Westport Mortgage Lending Team

The five new team members will extend BankFive’s footprint on the SouthCoast.

small business owner wrapping gifts
Marissa Scott
Business

4 Ways to Support Local Businesses This Holiday Season

Shopping locally offers numerous advantages, both for you and your neighborhood. Let's rally around our homegrown enterprises this holiday season.