Blog

Money Market Savings Accounts: Pros and Cons

September 21, 2022

When looking for ways to maximize the money you’ve worked hard for, you should always make sure you’ve selected the best savings account for your short- and long-term goals. Though there are many options to choose from, one of the most popular is a money market account, which allows you to save safely while earning a competitive annual percentage yield (APY) and provides easy access your money for unexpected expenses.
 

Keep Reading Money Market Savings Accounts: Pros and Cons >

Should a Second SBA Loan Be Your First Choice for Additional Funding?

September 7, 2022

Small Business Administration (SBA) loans are typically the best financing options for small business owners looking to start or grow their business. They are backed by the SBA and come with various loan amounts, low interest rates, flexible spending options, and extended repayment periods. And while many owners have turned to financial institutions such as BayFirst for a small business loan since the SBA was established in the 1950’s, not all are aware that they can have multiple should their business require it – but there are some qualifications.
 

Keep Reading Should a Second SBA Loan Be Your First Choice for Additional Funding? >

Hashing out the Differences Between a HELOC and Home Equity Loan

August 31, 2022

While many recognize both home equity loans (HELOCs) and home equity lines of credit are available, not all are aware of the differences between the two and which is best for their specific needs. To help, the personal loan experts at BayFirst have created the below HELOC vs. Home Equity Loan cheat sheet to use when you’re ready to maximize the value of your home to tackle your next project or cover an expense.
 

Keep Reading Hashing out the Differences Between a HELOC and Home Equity Loan >

8 Myths About Small Business Loans

August 3, 2022

While most are aware of the Small Business Administration (SBA) and the loans it funds to provide small business owners the capital they need to start or expand their businesses, many misperceptions exist about SBA loans themselves – from eligibility requirements to applying, terms, uses and more. To help set the record straight and ensure business owners understand how an SBA loan can provide financing they wouldn’t otherwise qualify for, the SBA lending experts from BayFirst have pulled together (and debunked) the top eight myths about SBA loans below.
 

Keep Reading 8 Myths About Small Business Loans >

Take Advantage of Increased Home Value

July 25, 2022

Home prices are surging across the country leaving many homeowners looking for ways to tap into their increased home equity to better position themselves financially. If your home’s value is high, now could be a smart time to take advantage to set yourself up for future success, too.

To help homeowners do just that, the residential mortgage experts at BayFirst have compiled a list of ways to maximize the value of your home while home prices hover at record highs.
 

Keep Reading Take Advantage of Increased Home Value >

Budgeting For Summer Break

July 15, 2022

The final weeks of summer are upon us, and inflation is continuing to heat up everyday expenses, leaving many families looking for ways to stay within budget without missing out on the fun leading up to the school year. To help, the experts at BayFirst have compiled the following list of tips to ensure the rest of summer break doesn’t break the bank.
 

Keep Reading Budgeting For Summer Break >

Cash Kids Club Provides Summer Fun (and Important Lessons)

June 27, 2022

You’re never too young to benefit from lessons about saving, budgeting and more. So, if you’re looking for fun activities for the kids in your life this summer, look no further than BayFirst’s Cash Kids Club, designed to teach children ages 12 and under the skills they need to succeed financially.
 

Keep Reading Cash Kids Club Provides Summer Fun (and Important Lessons) >

With Adjustable-Rate Mortgages on the Rise, When Should You Say YES to an ARM?

June 10, 2022

With rising interest rates and continued housing appreciation, many borrowers are concerned about missing out on homeownership due to overall affordability, leaving them searching for any competitive advantage they can find. As a result, mortgage lenders are seeing an increase in Adjustable-Rate Mortgages (ARMs).
 

Keep Reading With Adjustable-Rate Mortgages on the Rise, When Should You Say YES to an ARM? >

Ensuring Your Small Business is Summer Ready

May 19, 2022

Summer is fast approaching bringing with it both challenges and opportunities for small businesses of all kinds. Whether your business heats up during this season or experiences a slowdown, now is the time to prepare so you can play it cool in the months ahead.
 

Keep Reading Ensuring Your Small Business is Summer Ready >

Improving Financial Literacy Among Children in Underserved Communities

April 15, 2022

Managing money wisely is fundamental to achieving success. However, financial education is rarely taught at schools in underserved communities, limiting the ability of low to moderate-income students and students of color to achieve financial security throughout their lives.
 

Keep Reading Improving Financial Literacy Among Children in Underserved Communities >

Displaying results 1 - 10 (of 20)


Equal Housing Lender Better Business Bureau Accredited Business Member FDIC

© 2022 BayFirst National Bank, Member FDIC, Equal Housing Lender
NMLS ID 806183 | NMLS Consumer Access

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

You are now leaving the BayFirst website. By clicking the 'OK' button below, you will enter a different website created, operated and maintained by a private business or organization. BayFirst is not responsible for the content, views, or privacy policies of this website. We take no responsibility for any products or services offered by this website, nor do we endorse or sponsor the information it contains. In addition, websites may change location, ownership and address frequently. BayFirst is not responsible for the accessibility of this link. Would you like to continue?