Holiday Notice: Revere Bank offices will be open during normal business hours on Friday, July 3. Access your accounts anytime over the Independence Day holiday weekend via ATM, online, and mobile banking.

Money Management

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 […]

Mobile Banking: You Don’t Have to Give Up Safety for Convenience

October 2, 2018

October is National Cybersecurity Awareness Month! Ensure you’re protecting your information with these tips on how to use mobile banking securely. Mobile banking is growing in popularity. These easy-to-use apps make it possible for you to take care of time-consuming banking tasks on your smart phone or tablet – anywhere, at any time. If you’re […]

Estate Planning in 2018: Why It’s Important & The New Federal Tax Legislation’s Impacts

March 14, 2018

Everyone today is “busy.” And many people believe estate planning can be put off until another day. People will do just about anything, including go to the dentist, before they obtain or update their estate plans. My dad was a dentist and our practices were located on the same floor in an office building. As […]

Millennials and Investing

September 19, 2017

Millennials’ financial habits and the generation’s impact on the economy is a highly debated topic. As a response to the many conflicting reports from research on millennials, Revere Bank conducted its own survey to determine millennial trends related to finances. Revere Bank Millennials Research Methods Revere Bank conducted a survey that sampled 118 millennials (people […]

Glossary of Personal Banking Terms

January 9, 2017

Banking terminology is not always the easiest to follow. Learn these definitions of common personal banking terms to navigate the banking world like a pro. Annual Percentage Rate (APR) The yearly rate that is charged for borrowing, which represents the annual cost of funds over the term of the loan. Annual Percentage Yield (APY) The […]

Maryland Business Tax Credits and Incentives for the 2016 Filing Season

March 14, 2016

It’s tax season in Maryland! Here’s what you need to know about Maryland business tax credits and incentives for the 2016 filing season. Who Must File All corporations and associations with income allocable to the State of Maryland are required to file an income tax return with the state on Form 500. The corporate tax […]

Part 1 – Consumers’ and Retailers’ Guide to Mobile Payments

January 20, 2016

You use your smartphone for everything – why not use it as a wallet, too? Mobile wallets are popping up everywhere and are expected to become a primary form of payment over the next few years. Major retailers like McDonalds, Target and Staples are already accepting mobile payments and many smaller merchants are following suit […]

Glossary of Terms: Commercial Banking

December 22, 2015

Have you ever had a conversation with your banker and felt as though he or she were speaking a different language? Banking terminology can be confusing, especially to people who are new to the commercial banking world. Read on for definitions of common commercial banking terms, so the next time you talk to your banker, […]

7 Ways to Spend Less, Stress Less and Celebrate More this Holiday Season

December 3, 2015

It’s the holiday season! That means it’s time to get together and celebrate with family and friends. It also means it’s time to spend money – on food, presents, travel, decorations and more. Holiday spending can be incredibly stressful, but you don’t have to let holiday expenses add up and drag you down. Avoid financial […]

Elder Financial Abuse: What it is and How to Protect your Loved Ones

October 21, 2015

What is elder financial abuse? As the population ages, seniors are increasingly becoming targets of financial abuse. People over the age of 50 control 70% of the nation’s wealth, and those who are frail or otherwise vulnerable may be susceptible to scams and other forms of financial exploitation. A recent report estimated that the elderly […]