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 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.

business owner accepting card payment
Marissa Scott — 
Business

Things You Should Know about Merchant Services for Your Business

Dive in to help answer some basic questions about payment processing and merchant services.

Keith Amaral headshot
Marissa Scott — 
Employee Spotlights

Employee Spotlight: Keith Amaral

Meet Keith! Keith began as a Contact Center Representative at BankFive more than 8 years ago and has since switched gears to our Risk Management & Compliance Department. 

figurine home with coins around
Marissa Scott — 
Home Ownership

Understanding the Basics of Home Equity

Home equity can be used for many things: from funding home improvements to helping you consolidate debt. Learn how you may be able to tap into your home equity.

person on calculator holding lightbulb with coins staked on desk
Marissa Scott — 
Business

5 Tips to Help Your Business Reduce Energy Bills

Small changes can add up over time – helping your cash flow as well as the environment. Here are some tips to make a commitment to energy efficiency in your business.

Thermostat reading 68 degrees
Marissa Scott — 
Home Ownership

How to Save on Heating Bills This Fall

By focusing on energy efficiency now, you can help keep your home warm as colder weather approaches without wreaking havoc on your wallet.

person analyzing bills and credit card options
Marissa Scott — 
Credit

Good Debt vs. Bad Debt

Let’s face it – having debt is naturally perceived as being negative. However, some debt can be beneficial for your finances. Take a closer look at the two kinds of debt.

business owners reviewing finances
Marissa Scott — 
Business

4 Accounting Formulas Every Business Owner Should Know

Being familiar with basic accounting formulas and knowing how to calculate them will allow you to better track the financial health of your company. 

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