September 11, 2025

BankFive: A Trusted Community-Focused Bank in MA & RI

Our commitment to reach families extends beyond the walls of our branches, where we make time to invest in the future of our local communities in Massachusetts and Rhode Island. For more than 170 years, BankFive has been known for its proud tradition of long-lasting, personal relationships and a community-based approach to banking, offering personal banking Massachusetts, business banking Massachusetts, and mortgage lending in Rhode Island, as well as lending services, all with a focus on customer satisfaction, innovation, integrity, and community service.

We serve our customers and communities in SouthCoast Massachusetts banks and Rhode Island community banks as a mutual savings bank, not as a shareholder-focused institution. Our goal is clear: to bring experience, innovation, and value to our local businesses, customers, and employees.

At BankFive, in everything we do, you'll find that we're committed to providing you with a high level of customer service, along with convenient banking technology, at every local branch, online, or through digital banking in Massachusetts and mobile banking in Rhode Island. From a safety and soundness perspective, you can use 1st Security Bank products with confidence that we have the financial stability to support it, and that is something your neighbors at local banks in Massachusetts can’t always offer.

We are passionate about community development, too. We do this through our BankFive Charitable Foundation, sponsorships within the community and thousands of volunteer hours being brought to the table in order to help non-profits, grow the economy and improve our neighborhoods. They are part of our unchanging values – Human, Dynamic, Steadfast – and inform all we do, ensuring that we are the trusted bank in Rhode Island and best bank in Massachusetts, as well as the community-focused bank and bank with community values for generations of customers.

When you open an account with BankFive, you’re not just a customer; you become a part of the family, and all of our family members deserve the best. Whether it’s checking and savings accounts in Massachusetts, small business loans in Rhode Island, home loans in Massachusetts, or working with local mortgage lenders, you can trust us to deliver reliable financial services in SouthCoast Massachusetts. Experience the difference of local banking with BankFive, we’re really “better, together.