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.

team putting hands in a group
Marissa Scott
Business

Employee Retention Strategies for Small Businesses

As a small business owner, you want your employees to stick around, especially after you’ve invested significant time and money into them.

Victoria Stockbarger, Kevin Wong, Lynn Motta, Tymofey Wowk
Marissa Scott
Local Business Spotlights

Local Business Spotlight: Clean Technique

Kevin Wong and his team saw the need for more manufacturing infrastructure within the cannabis industry. From this, Clean Technique was born.

person doing payroll at computer
Marissa Scott
Business

4 Tips for Fairly Paying Your Employees When Inflation is High

Attracting and keeping employees is always challenging for small businesses, but the economy has the potential to make it even more difficult.

Tyler Britton
News

BankFive Named One of the Best Places to Work in Rhode Island

BankFive was recently named one of the 2023 Best Places to Work in Rhode Island by Providence Business News (PBN).

EforAll Rhode Island 2023 Winter Accelerator alumni Thrive Tribe Cafe
BankFive
Local Business Spotlights

Community Partner Spotlight: Entrepreneurship for All (EforAll)

On this National Small Business Week, we salute our community partner Entrepreneurship for All (EforAll).

Marissa Scott
Business

5 Tax Tips for Small Businesses

Tax time can be a headache for many Americans, and it can be even worse for small business owners. Here are 5 tax tips to help make the process a little smoother.

person reviewing finances at desk
Marissa Scott
Money Management

4 Ways to Spring Clean Your Finances

Devoting some time to your financial wellbeing can help you avoid overspending, establish an effective household budget, and ultimately reach your savings goals.

FVP, Director of Marketing Programs & Community Relations Andrea Amaral Rodrigues
BankFive
News

Andrea Amaral Rodrigues Receives UMass Dartmouth’s 2023 Alumni Volunteer Service Award

Director of Marketing Programs & Community Relations Andrea Amaral Rodrigues was recognized with UMass Dartmouth’s 2023 Alumni Volunteer Service Award.
 

Marissa Scott
Money Management

Help the Planet and Your Wallet this Earth Day!

Earth Day is April 22nd, and it’s a good reminder for us all to be greener to help our planet. But did you know that going green can also help you save money?

Tyler Britton
News

Boston Business Journal names BankFive a 2023 Best Places to Work Company

Fall River’s BankFive has been honored with a spot on an exclusive ranking of the Massachusetts companies that have built outstanding work environments for their people.

business owner at computer with people around
Marissa Scott
Business

Hiring Employees for Your Small Business

Having an employee allows your business to increase operations and can free up more of your time so you can focus on growing your business.

Vaida Armas
BankFive
Employee Spotlights

Employee Spotlight: Vaida Armas

Meet Vaida! Vaida is just one of many great examples of employees who have advanced in their career internally at BankFive.

child putting coin into piggy bank
Marissa Scott
Money Management

What is Financial Literacy and Why is it Important?

April is National Financial Literacy Month which promotes the importance of smart money management habits to improve financial wellness.

person working at laptop in restaurant
Marissa Scott
Business

Should I Consider Financing for My Small Business?

There are various financing types available for businesses – all with their own pros and cons. Take a closer look at how to determine which type of funding could be best.

piggy bank on desk
Marissa Scott
Money Management

What to Look for in a Bank Account

There are many practical uses for a bank account, with the biggest being a safe place to deposit your money and access it when you need it.

William Lapointe and Anne Tangen
BankFive
News

Strength, Stability, Growth: Key Themes at BankFive’s 167th Annual Meeting

BankFive, a mutual bank with locations in MA and RI, held its Annual Meeting remarking on its year, strength, stability, liquidity, and overall profitability.

vault with open door
Marissa Scott
Saving

How Safe Are My Bank Deposits?

What happens to your money if your bank goes under? No need to worry at BankFive, where a combination of FDIC and DIF coverage keep your deposits 100% protected.

wedding checklist with flowers
Marissa Scott
Money Management

6 Financial Tips for Planning a Wedding

It’s important to plan and take steps to ensure your wedding will meet your objectives without creating a long-term financial burden.