5 Reasons Why Cash Flow Is Important To Small Business Jun 14th, 2022 by: Anna Beam, Vice President | Associate Marketing Director Business Banking & Lending 5 Reasons Why Cash Flow Is Important To Small Businesses Everyone knows that money is important in business, but how about the specifics? Here are 5 reasons why cash flow is so important to small businesses. When it comes to cash, the obvious takeaway is that money in is good, money out is not so ... 3 min read Read More
Proposed New IRS Reporting Requirements Oct 4th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Personal Finance Tips While we do not routinely raise issues occurring in Washington with our clients, keeping your personal and financial information private and secure is our top priority. Congress is considering a plan to require all financial institutions to report detailed information on your personal and business bank accounts to the IRS, raising serious questions about your ... 1 min read Read More
Imposter Scams: What Are They And How Can You Protect Yourself From Them? Sep 9th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Fraud & SecurityPersonal Finance Tips What was the No. 1 type of fraud Americans reported in 2020? If you guessed imposter scams, you’re correct. The Federal Trade Commission filed nearly 500,000 complaints about imposter scams last year — marking imposter scams the most common form of fraud reported to the FTC in 2020. Imposter scammers lie about their identity — ... 4 min read Read More
Why Businesses Need To Embrace The Digital Payments Now Apr 6th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Business Banking & LendingPersonal Finance Tips Before the pandemic, most businesses were living comfortably in the paper world when it came to managing their payments and collections. Many had relied for years on back-office staff to stay on top of the constant flow of checks, invoices and snail-mail. If that approach looked outdated before, it seems prehistoric after the events of ... 4 min read Read More
Cyber Criminals Are Raising Their Game; Small Businesses Must Respond Feb 23rd, 2021 by: Anna Beam, Vice President | Associate Marketing Director Business Banking & LendingFraud & Security Another day, another damaging cybersecurity breach. That’s how it may seem lately as a long list of high-profile firms has fallen victim to a surge in malicious online activity. But for every breach that grabs the headlines, there are thousands of smaller businesses being hit by online fraud attempts that are growing rapidly in boldness, ... 5 min read Read More
