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.

Pictured L-R: Richard Lafrance, BankFive Chairman of the Board, Michelle Hantman, President & CEO of United Way of Greater New Bedford, William R. Eccles, Jr., BankFive President & CEO.
Andrea Rodrigues
News

BankFive Holds 163rd Annual Meeting

BankFive President and CEO William R. “Bill” Eccles, Jr. marked a record breaking year for the bank at its 163rd Annual Meeting.

cartoon graphic of employees celebrating the promotion of a colleague
Adam DeFrias
News

BankFive Announces Promotions of Several Employees

BankFive is pleased to announce the promotions of several employees within the organization.

Man in joy sounded by raining money
Andrea Rodrigues
Money Management

What to Do with Your Tax Refund

Taking some time to think things through will help you to make the most of your tax refund.

Tax Time written on a note pad, on a desk, surrounded by an income sheet and calculator
Andrea Rodrigues
Money Management

Preparing Your Tax Return? Take Note of Recent Changes

Be aware that there are several major changes that may have an impact on your 2018 tax return.

Antonio Esteves, Investment Executive
Andrea Rodrigues
News

BankFive Hires Esteves for Investments Unit

BankFive is pleased to announce that it has hired Antonio Esteves as Investment Executive representing Infinex Investments, Inc. located at BankFive.

IRA, 401k, and Roth written on a sheet of note paper, surrounded by money and a calculator
Andrea Rodrigues
Retirement

What are the Differences between a Traditional IRA and a Roth IRA?

An IRA, or Individual Retirement Account, allows you to save for retirement on a tax-deferred basis or with tax-free growth.

Check presentation at the Narrows Center for the Arts
Andrea Rodrigues
Business

BankFive Awards Grant Totaling $30,000 To The Narrows Center for the Arts

BankFive is proud to announce that it has recently awarded a $30,000 grant to the Narrows Center for the Arts in Fall River.

widow gazing sadly at a photo of her late husband
Deirdre Jannerelli
Money Management

What to do with Finances when a Spouse Dies

After losing a spouse, thinking about your finances can seem overwhelming. Here are some tips to help you navigate your financial obligations during this difficult time.

Woman looking at a privacy setting screen on her laptop
Andrea Rodrigues
Security

Be Vigilant With Your Social Media Privacy

While using social media outlets it is important to never let your guard down to avoid the possibility of your privacy being invaded.

Jeff Sanson, Vice President, Digital Banking Center Manager
Andrea Rodrigues
News

BankFive Hires New Manager For Digital Banking Center

BankFive is pleased to announce that it has hired Jeff Sanson as Vice President, Digital Banking Center Manager.

Note book with rent and buy pros and cons listed in it on a desk surrounded by a calculator and money
Andrea Rodrigues
Home Tips

Buying Versus Renting a Home

Deciding whether to buy or rent a home can be a difficult decision, but these pros and cons can help you evaluate your options.

cartoon featuring an employee in the spotlight, under a magnifying glass, surrounded by colleagues
BankFive
Employee Spotlights

Employee Spotlight: Renee Roberts

Renee Roberts has been with BankFive for nearly 12 years, working her way up from Teller to her current role of Lending Specialist.

home buyer with their hand out getting the key to their new home
Andrea Rodrigues
Home Tips

How to Start the Home Buying Process

Here's a look a some of the things you can do both online and offline to start the home buying process on the right foot.

Blue Small Business Banking Partnership Logo
Andrea Rodrigues
Business

BankFive Selected to Participate in the Small Business Banking Partnership

For the ninth year, BankFive has been selected to participate in the Small Business Banking Partnership created by the Massachusetts State Treasury.

hand flipping through a stack of money next to a piece of paper that reads - down payment assistance
Andrea Rodrigues
Home Tips

Buying a Home with No Down Payment

There are specific types of mortgages that can give borrowers some relief from traditional down payment requirements.

Illustration of a laptop computer with a security shield in front of it
Andrea Rodrigues
Security

Security Freezes and Fraud Alerts for Extra Online Protection

Extra precautions such as security freezes and fraud alerts can help protect your finances and identity while conducting everyday business online. 

A stack of multi colored debit cards piled on top of a leather wallet
Andrea Rodrigues
Money Management

ATM vs. Debit Cards – Have You Ever Wondered How They Differ?

While many people think an ATM card and a debit card are one and the same, there are actually several differences between these two types of cards.
 

Ivan Brito, M.O. L.I.F.E. Chief Operating Officer and Andrea Amaral Rodrigues, BankFive VP, Marketing Manager.
Andrea Rodrigues
News

BankFive Donating $10,000 to Local Charities

In the spirit of the holiday season, BankFive announced today that it is giving a total of $10,000 to several soup kitchens and similar organizations in the area.