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9 Cybersecurity Tips for Small Businesses

November 11, 2019

Small businesses are increasingly at risk for cyber-attacks. According to the FBI’s Internet Crime Report, and other small business cybersecurity statistics, the cost of cybercrimes reached $2.7 billion in 2018 alone. This is increasingly worrisome to small business owners, with 88% feeling their business is vulnerable to a cyber-attack, according to the SBA. As risks grow, […]

Estate Planning Awareness Week: How to Prepare for the Future

October 22, 2019

October 21-27 is Estate Planning Awareness Week Now that summer vacations are over and fall is upon us, it is a great time to review or move forward with your estate planning. Because estate planning involves comprehensive planning and not just a single document, it is important to regularly review all aspects of your plan, […]

How to Open a Bank Account for Nonprofits

October 17, 2019

Finances are vital for a nonprofit’s growth and success. One of the first steps new nonprofits need to take is opening a nonprofit bank account. However, not all banks are right for every nonprofit. It’s important for nonprofits to find the best bank for their needs and mission in order to maximize finances for the […]

What You Need to Know About Credit Freezing

September 6, 2019

As data breaches become more frequent, it is important consumers are aware of the need to protect their financial information. When your private, personal information is exposed in a data breach, it increases the potential for identity thieves to steal your financial identity and open new accounts without your knowledge. Credit freezing is one way […]

What is a Zero Balance Account & How Will it Benefit My Business?

August 9, 2019

A zero balance business account (ZBA) is one of the many banking products that business owners should utilize to maintain financial efficiency and save time. A zero balance account is a helpful tool that works for almost any business. What is a Zero Balance Account? A zero balance account is a type of checking account […]

What is a Sweep Account & How Will it Benefit My Business?

June 17, 2019

There are many banking products and services for business owners to consider in order to maximize efficiency and their finances. One product that accomplishes both of those goals is a sweep account, which offers many benefits for businesses of all sizes. What is a Sweep Account? An account that automatically “sweeps” funds exceeding a predetermined […]

3 Factors Affecting Small Business Financing in Maryland

June 11, 2019

Most small business owners know that at some point they will likely need some form of small business financing to grow and expand their business in Maryland or anywhere. Many of these entrepreneurs, however, don’t have a great understanding of the different factors that banks take into account to determine the terms of small business […]

Partnerships that Matter: Building a Medical Practice – and a Trusted Relationship

June 10, 2019

Dr. Richard Garden balances multiple endeavors as a business owner. He leads Chesapeake Oral Surgery Associates and owns several commercial properties with his wife. Keeping track of all the details that go along with running multiple businesses hasn’t always gone smoothly for Dr. Garden – until he was referred to Revere Bank. “With my previous […]

Partnerships that Matter: Financing for the Planet’s Future

May 16, 2019

When the Montgomery County Green Bank was looking for a local banking partner to support energy efficiency and renewable energy loans in Montgomery County’s commercial property sector, CEO Tom Deyo sought a bank with “green” values. “We were looking for a bank focused on bringing clean energy benefits to its customers and other property owners […]

Maryland Business Tax Credits and Incentives – Updated for 2019

March 21, 2019

It’s tax season, Maryland! Here’s everything you need to know about Maryland business tax credits and incentives for the 2019 filing season. If you would like additional information about Maryland business tax deductions, credits and incentives, visit Maryland Business Taxes or the Maryland Department of Business & Economic Development. Who Must File All corporations and […]