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 on laptop writing in notebook
Marissa Scott — 
Business

Choosing a Business Structure: Corporations Explained

Here we discuss some advantages and potential disadvantages of incorporating your business.

person handing another keys with car keychain
Marissa Scott — 
Loans

4 Tips for Taking Out a Car Loan

Whatever your reason for buying a new car, being familiar with how auto financing works can be helpful before you start car shopping.

person calculating finances for a home
Marissa Scott — 
Mortgages

4 Things to Do Before Applying for a Mortgage

Being prepared for the mortgage process can help reduce stress and can help improve your chances of being qualified for a loan.

Employee Retention Credit form and pen on desk
Marissa Scott — 
Business

What Your Business Should Know About the Employee Retention Credit

The ERC was first announced in 2020, and is a refundable tax credit for eligible employers. Take a look at what this could mean for you as a business owner.

woman working at home office desk
Marissa Scott — 
Business

Making Self-Employment Work as a Small Business Owner

Before making the leap into self-employment it’s important to evaluate all aspects the decision to determine if it’s the right move for you. 

person looking at mortgage paperwork
Marissa Scott — 
Mortgages

What is an Escrow Account?

Here are some common uses for escrow accounts in the home buying process and how you can benefit from one as the buyer or seller.

two business people shaking hands
Marissa Scott — 
Business

Tips for a Business Succession Plan

Having a business succession plan in place can eliminate the stress associated with a transition of ownership, and ensure it is done correctly if plans change quickly. 

café employee looking at tablet
Marissa Scott — 
Business

How to Prepare Your Business for a Recession

With many experts predicting a recession, it’s smart to take steps to prepare your small business in case it does become reality. Here are some things to focus on.

Tracy Banville headshot
Marissa Scott — 
Employee Spotlights

Tracy L. Banville: Celebrating 20 Years with BankFive

Congratulations to Tracy Banville on her recent milestone anniversary of 20 years of service with BankFive!

SBA loan documents, calculator and pen on desk
Marissa Scott — 
Business

How to Apply for an SBA Loan

Whether you're starting a small business or looking to grow an existing one, here is some guidance for receiving assistance through the Small Business Administration.

Home purchased with a VA Loan
Christopher Craig — 
Mortgages

What Exactly is a VA Loan?

If you're a U.S. military member or veteran, you may have heard of a special loan available to help military personnel purchase homes. But what exactly is a VA loan?

Person on laptop with several icons in front
Marissa Scott — 
Business

5 Tips for Setting up a Payroll System for Your Business

Regardless of how you choose to tackle the setup of your payroll system, here are 5 important tips to keep in mind.

woman painting a wall
Marissa Scott — 
Home Ownership

Tips for Financing Home Renovations

While home renovations will likely boost your home's resale value, they can be costly. Determining the right way to pay is an essential part of the planning process.

Andrea Rodrigues — 
News

Edward G. Siegal appointed to BankFive Executive Committee

Edward G. Siegal, CPA, BankFive board member, has been appointed to the Executive Committee.

Gualter Chaves headshot
Marissa Scott — 
Employee Spotlights

Employee Spotlight: Gualter Chaves

Meet Gualter! Known as "Super G" by his colleagues, he has been a part of the BankFive family for 17 years and now works as our Disclosure Desk Supervisor.

Woman looking at paperwork
Marissa Scott — 
Security

8 Signs That Your Identity May Have Been Stolen

It is so important to stay vigilant and investigate any signs that could point to identity theft. Here are some potential red flags to look out for.

Stamper reading "NONPROFIT"
Marissa Scott — 
Business

Funding Options for Non-Profit Organizations

Although many non-profit organizations operate similarly to for-profit businesses, finding and qualifying for funding can be more difficult for non-profits.

person reviewing document with others at desk
Marissa Scott — 
Retirement

Estate Planning Basics

Everyone who has money, property, or possessions they want to leave to specific people should have a basic estate plan in place.

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