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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.

street signs pointing to 401k one way and ira another way
Deirdre Jannerelli
Retirement

You Might be Wondering - Is an IRA the same as a 401k?

IRAs and 401ks share a lot of similarities, but they have very unique differences as well. Here's a detailed look at these two popular retirement savings accounts.

Man and women sitting on the floor holding a blue print drawing of a house
Andrea Rodrigues
Home Tips

30-Year vs. 15-Year Mortgage – Which Is a Better Fit for You?

If you're thinking about purchasing a home, it's important to know the differences between a 30-year and 15-year mortgage.   

cartoon featuring an employee in the spotlight, surrounded by colleagues
BankFive
Employee Spotlights

Employee Spotlight: Priscilla Beaulieu

Our Human Resources Officer Priscilla Beaulieu has certainly worked her way up the employment ladder. She started out with us 20 years ago as an intern!

Woman holding shopping bags in a mall while shopping for Black Friday deals
Andrea Rodrigues
Security

Black Friday and Cyber Monday Security Tips

Following these security tips on Black Friday and Cyber Monday, will help you remain protected while searching for those holiday deals.

Monica Carreiro Botelho, Mortgage Originator
Andrea Rodrigues
News

BankFive Hires Monica Carreiro Botelho as Mortgage Loan Originator

BankFive is pleased to announce that it has hired Monica Carreiro Botelho as a Mortgage Loan Originator.

a house surrounded by people's hands holding renovation tools like hammers and saws
Andrea Rodrigues
Home Tips

Things to Keep in Mind When Buying a Fixer Upper

If you’re considering buying a fixer upper, here are some things to keep in mind before finalizing the purchase and successfully reaching your renovation goals.

Deirdre Jannerelli
Security

Don't Get Sucked in by Phishing Scams

In recognition of National Cyber Security Awareness Month, we review some common phishing scams used to lure victims into revealing their sensitive information.

Andrea Rodrigues
Retirement

It’s Not Too Late to Save for Retirement

It’s best to start saving for retirement as soon as possible to maximize your savings, but you can still make up for lost time, even if you’re middle-aged.

Deirdre Jannerelli
Security

Beware of Fake Check Scams

Avoid getting ripped off by fake checks. Here are some tips to help protect you from this type of scam.

Deirdre Jannerelli
Credit

5 Important Tips to Improve Your Credit Score

Interested in improving your credit? From identifying errors in your credit reports, to taking out a Collateral loan, here are some tips for increasing your credit score.

people holding reward
Andrea Rodrigues
News

BankFive Awards $10,000 Grant to Greater Fall River RE-CREATION

BankFive announces support of the Greater Fall River RE-CREATION's Community & Wellness Center gymnasium.

Thermostat reading 68 degrees
Andrea Rodrigues
Home Tips

Stay Energy Efficient This Winter

By focusing on energy efficiency now, you can help keep your home warm and toasty this winter, without wreaking havoc on your wallet.

Andrea Rodrigues
Home Tips

Should I Refinance My Mortgage?

Determining when to refinance your home mortgage depends on your current financial situation and goals.

Andrea Rodrigues
Security

Free Credit Freezes Are On the Way

A new credit freeze law will become effective September 21, 2018, allowing you to freeze and unfreeze your credit reports for free.

Deirdre Jannerelli
Security

Equifax Breach Update – Are You Safe One Year Later?

Whether it’s the Equifax security breach or any others that come down the line, the key to protecting yourself is to be constantly vigilant.

Andrea Rodrigues
Security

What is a Safe Deposit Box?

Renting a safe deposit box might be a safer option than storing your valuables at home.

couple overlooking a document with businessman
Deirdre Jannerelli
Home Tips

Buying & Selling a Home at the Same Time

Should you sell your current home and then purchase a new one, or is it better to buy a new home, and then sell your existing one? Let’s take a look at both options.

little boy wearing hardhat holding a piece of plywood
Deirdre Jannerelli
Home Tips

Financing Home Improvements

Whether you're looking to install granite countertops, replace a shower, or even build a garage, there are plenty of ways to finance your home upgrades.