Banking Products & Services

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 […]

Part 2 – Consumers’ and Retailers’ Guide to Mobile Payments: Mobile Wallets

March 7, 2016

  This is part two of a four-part series. Missed the first post? Check out Part 1: Consumers’ and Retailers’ Guide to Mobile Payments before you read on. Now that you know the benefits and technology of mobile payments, how do you know which option is best for you? Mobile wallet technology allows consumers to […]

Differences between Bank and Credit Union Lending

October 26, 2015

There are many kinds of financial institutions in today’s market— how do you determine which is the best fit for your financial needs? There are distinct differences between banks and credit unions that people need to consider before choosing, especially if they are business owners in need of financing. What is a bank? A bank […]

Choosing a Bank for Your Business

June 23, 2015

Business owners have many decisions to make. One of the most important is choosing the right bank. Many banks – community, regional and national – offer a range of commercial banking services. How can business owners determine which is best for them? Business owners should select a bank that can address the company’s unique financial […]

Cash Management for Your Small to Medium-Sized Business

June 4, 2015

Dealing with your small to medium-sized business’ (SMB) finances can be overwhelming and time-consuming. As an owner, your busy schedule doesn’t leave room for frequent trips or calls to the bank. You need a cash management strategy that will help you save time so you can focus your energy on growing your business. The following […]

How to Setup Maryland Merchant Credit Card Processing

September 8, 2014

Setting up Maryland merchant credit card processing can be a major source of growth for many businesses.  In fact, it may soon be the only acceptable way to take payment. In 2011, according to a study conducted by Javelin Strategy & Research only 27% of transactions in the US were conducted with cash. By 2017, that […]

3 Ways Your Banker Can Help your Small Business Development

March 18, 2014

Many first-time small business owners see their relationship with their business bank as being entirely one way. They deposit money, they take out money, they write checks – all the interactions focus solely on what people think of as traditional banking services. This isn’t surprising, given that large national and regional banking chains work very […]

What Small Business Banking Services Should Your Bank Offer?

March 11, 2014

Shopping for a small business bank can be a confusing experience. First-time business owners, especially, can have difficulty anticipating the small business banking services their business will need. We often have new small business owners coming in without a strong understanding of what services they need their community bank to provide, and what small business […]

How To Use A Money Market Account For Your Small Business

March 4, 2014

Advantages of Money Market Account for Small Business Money market accounts have grown in vogue for personal savings, often replacing savings accounts as the place where savvy customers park their money. This isn’t terribly surprising, since money market accounts often carry significantly higher interest rates than savings accounts, while keeping risk very low. But while […]