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.

person organizing network blocks
Marissa Scott
Business

Tips for Building a Business Support Network

If you're feeling the strain of "going it alone," it may be time to reach out and widen your circle of support. Here are some tips for building your business network.

people's hands in a circle with text "#bettertogether"
BankFive
News

BankFive Foundation Supports Local Food Pantries This Holiday Season

The BankFive Foundation, a fund of the SouthCoast Community Foundation, has announced contributions totaling $12,000 to several non-profit food pantries.

Anne Tangen - BankFive President & CEO
BankFive
News

BankFive and SouthCoast Community Foundation Launches $1.2 Million President’s Scholarship Fund

BankFive and the SouthCoast Community Foundation have teamed up to create the President’s Scholarship Fund.

Marissa Scott
Money Management

Potential Tax Benefits of Purchasing a Rental Property

A multi-family or rental property could potentially provide you with steady cash flow and long-term property appreciation. There are also tax advantages to consider.

Jay Quinlan, Vice President of Business Development
BankFive
News

BankFive names Jason “Jay” Quinlan as Vice President of Business Development

BankFive is excited to share the addition of Jason “Jay” Quinlan as its new Vice President of Business Development.

people working on business planning at desk
Marissa Scott
Business

Preparing Your Business for an Emergency

While you can’t prevent the unexpected, there are steps you can take to prepare your business for emergencies ahead of time.

person signing loan handing over figurine home
Marissa Scott
Loans

What Does it Mean if My Loan Requires Collateral?

Take a deeper dive into exactly what collateral is, and what should be used as loan collateral if you have the option to negotiate it. 

person on business social media
Marissa Scott
Business

5 Tips for Building Your Social Media Presence as a Small Business

If used correctly, social media can be a powerful and relatively inexpensive marketing and engagement tool for your business. 

Hand & Halo floral preservation block
Marissa Scott
Local Business Spotlights

Local Business Spotlight: Hand & Halo

Caitlin Cabral, owner of Hand & Halo, says she didn’t set out to start her own business. Four years later, Caitlin's products have evolved into resin preservation. 

people looking over documents at table
Marissa Scott
Loans

What’s the Difference Between a Secured and Unsecured Loan?

Whatever the reason for a loan, borrowers should understand the difference between a secured loan and an unsecured loan.

business owner on laptop
Marissa Scott
Business

Do I need an EIN for My Business?

Obtaining an EIN is something that should be on every new business owner’s to-do list when starting out. Take a closer look at what an EIN is, and when it’s required.

piggy bank with college cap
Marissa Scott
Saving

Saving for Your Child’s College Education

As most people know, the cost of college can be extremely expensive these days, so knowing when and how to begin saving for college is very helpful.

business people looking at computer security settings
Marissa Scott
Business

Tips to Protect Your Small Business from Fraud

It’s not just large companies that are targeted by fraudsters - small businesses are also at risk. Here are some tips to help protect your business from fraud.

BankFive Executive Team Members
BankFive
News

BankFive Named One of the Top 100 Women-Led Businesses in Massachusetts

The Women’s Edge, together with its partner The Boston Globe, has included BankFive in its annual list of the Top 100 Women-Led Businesses in Massachusetts.

person entering login information on laptop
Marissa Scott
Security

Crooks Love to Impersonate Banks: How to Protect Yourself

Here are some specific phishing methods to look out for so you don’t fall victim to one of these scams.

person calculating student loan payment
BankFive
Loans

Student Loan Debt Forgiveness Scams

If you have student loan debt, scammers are a threat. There are an increasing amount of scams related to student loan forgiveness.

person on social media platforms on cell phone and laptop
Marissa Scott
Saving

Social Media Security Concerns

Hackers have become more sophisticated, so it’s important to brush up on the best ways to protect yourself online.

person on mobile banking app
Marissa Scott
Security

Is a Mobile Banking App a Secure Way to Bank?

Many assume that mobile banking apps are less secure than online banking, but that is actually a false assumption.