Blog

Partnerships that Matter: Supporting Vital Missions

November 22, 2016

When your company’s mission impacts critical research for breast cancer and autism, there is no time to waste. For one small business owner, Derek Johnson, CEO of Ansible Government Solutions, his company’s support of these missions was in jeopardy—until he was introduced to Revere Bank. “I couldn’t believe how difficult it was for a small […]

How Do Escrow Services Work for Small Businesses?

November 7, 2016

Escrow services are something most small business owners will become familiar with at some point in their careers While some industries use escrow services more than others, there are a few distinct situations in which every business owner will likely use an escrow account. What are Escrow Services? An escrow is a deposit of funds for […]

Identity Theft: Detection, Recovery and Prevention

October 25, 2016

Jane noticed suspicious charges on her bank statement, so she contacted her banker. After further investigation, Jane realized her identity had been stolen. Not only did the thief rack up charges on her credit card, but he used her information to file a tax return and register a scam business. Jane is now thousands of […]

Gaeng for the Gold

October 19, 2016

  The Revere Bank team would like to congratulate Regional President Brian Gaeng’s daughter, Gail, on winning a gold medal in women’s wheelchair basketball at the 2016 Paralympic Games in Rio. Gail’s journey to gold is a story of hard work and determination—but mostly a story of unwavering dedication to the game and to herself. […]

Millennials and Banking: The Best Banks for Young Adults

August 24, 2016

We’ve all heard the stereotypes about millennials and money not going hand in hand, but a recent study has proven that’s not always the case. Millennials (people born between 1982-2004) are saving more than previous generations (more than 5 percent of income, on average) and beating out baby boomers’ savings accounts. Millennials and banks are […]

What is a Standby Letter of Credit and How Are They Used?

June 29, 2016

Financing for your small business isn’t always easy to come by—but it’s important to look down every avenue of opportunity; you might not be aware of one of the most powerful financing tools out there. Standby letters of credit can help your business in tough contractual and financial situations, making people more likely to sign […]

Building a Relationship with Your Business Banker: Why it’s Critical for Your Small Business

June 8, 2016

As a small business owner, the relationship you form with your banker is one of the most important business relationships you can have. Why is this relationship so important? Bankers play a crucial role in helping you obtain financing, maximizing your business’ funds and helping your company achieve its goals. Just like any relationship, the […]

Partnerships that Matter: On the Fast Track to Success with Autobahn Speedway

May 23, 2016

Fast cars and speedways don’t usually go hand-in-hand with banking, but in the case of Revere Bank and Autobahn Indoor Speedway, banking made a group of entrepreneurs’ speedway dreams a reality. David Larson, managing partner of Autobahn Indoor Speedway (a European-style indoor go-karting facility), found Revere while looking for financing to open a new Maryland […]

Part 4 – Consumers’ and Retailers’ Guide to Mobile Payments: Merchant Acceptance

May 11, 2016

  This is part four of a four-part series. Missed the first posts? Check out  Part 1 -Consumers’ and Retailers’ Guide to Mobile Payments and Part 2 – Consumers’ and Retailers’ Guide to Mobile Payments: Mobile Wallets  and Part 3 – Consumers’ and Retailers’ Guide to Mobile Funds Transfer Applications before you read on. As a merchant, […]

Partnerships That Matter: Banking on Healthy Pets with Rocky Gorge Animal Hospital

April 18, 2016

Not every bank can say it helps keep animals safe, healthy and happy. Here at Revere Bank, we do just that through our banking partnership with Rocky Gorge Animal Hospital. While many banks focus exclusively on financials, Revere emphasizes building relationships and partnering in success with local businesses that are making a difference. Rocky Gorge […]