With the start of the school year, the folks over at the Network for Teaching Entrepreneurship (NFTE) start their engines as well. NFTE's mission" is to provide programs that inspire young people from low-income communities to stay in school, recognize business opportunities and to plan for successful futures." I, along with several other colleagues at the bank, have been involved in the program at various Baltimore City schools for the last four years. As Baltimore's community bank,... [More]
Positive Pay is, quite frankly, one of the best ways to prevent check fraud scams on a business checking account. Basically, a business owner writes checks and if there are any discrepancies between the checks written and the checks clearing the account, the business owner has the option to either pay or return the items. No check will clear the account without going through this process and thus limits the possibility of check fraud scams.
Most business owners understand and appreciate the secu... [More]
On the first "Purple Friday" of the 2011 Football Season, we held a Ravens Trivia contest for 1st Mariner Bank employees. SEVEN lucky winners got to take home Purple Friday prizes to share with their families as they prepped to watch the Baltimore Ravens season opener against the Pittsburgh Steelers. What a game, right?!
Employees had to be numbers 5 (Joe Flacco), 7 (Billy Cundiff), 20 (Ed Reed), 52 (Ray Lewis), 55 (Terrell Suggs), 74 (Michael Oher), or 81 (Anquan Bol... [More]