Welcome to Marylandbankingblog.com

Howard Bank created Marylandbankingblog.com with the small business in mind. It is another way Howard Bank offers the Hands On approach to banking. If there is a specific topic you would like us to write about, email us at HBOnline@howardbank.com with your topic idea.

Finding The Best Bank For Your Needs…

September 11th, 2014 | Posted by admin in Savings - (Comments Off)

By: Kimberly Palmer

Bank accounts aren’t one size fits all. Here’s how to find the best one for you. Savings and checking accounts come in more sizes and shapes than jeans — and you want to make sure you find the right fit. We spoke with some of the top banking and money experts to get the latest on how to be savvy when choosing a bank account. Here are six of their top tips: (more…)

By Tiare Rath

Whether you’re preparing to launch a startup or want to grow your business, one thing is for certain: You’re going to need money. Debt and equity financing are two different financial strategies: Taking on debt means borrowing money for your business, whereas gaining equity entails injecting your own or other stakeholders’ cash into your company. (more…)

How To Earn Customer Loyalty…

September 2nd, 2014 | Posted by admin in Small Business - (Comments Off)

Karen Klein’s portrayal on how to gain customer loyalty is an excellent article for our current and potential small business customers. This article brings to the forefront areas that we all think about but need to ensure we meet when assisting new and existing customers. Continue reading to find out advice on how to gain customer loyalty… (more…)

How Credit Scores Impact Your Mortgage Rate

August 28th, 2014 | Posted by admin in Mortgage - (Comments Off)

By Sheyna Steiner at Bankrate.com

Interest paid on a mortgage can add up to hundreds of thousands of dollars over the life of the loan. The most influential determinant of your mortgage rate will be your credit score. The higher your score, the lower the interest rate. On a loan as large as a mortgage, a mere percentage point up or down can add up to a significant amount of money. (more…)

Determining Your Financing Needs…

August 26th, 2014 | Posted by admin in Small Business - (Comments Off)

Before you seek financial assistance, you should thoroughly assess your current financial situation. Ask yourself the following questions to determine your business’ financing needs: (more…)

Marketing 101…

August 19th, 2014 | Posted by admin in Marketing | Small Business - (Comments Off)

In order to successfully grow your business, you’ll need to attract and then work to retain a large base of satisfied customers. Marketing emphasizes the value of the customer to the business, and has two guiding principles: (more…)

Saving Options…

August 14th, 2014 | Posted by admin in Savings - (Comments Off)

Not all savings accounts are the same. Different banks offer different interest rates. And individual banks typically offer a number of savings accounts options to choose from.

Before opening a savings account it’s a good idea to figure out how you’ll be using it. Ask yourself: (more…)

Small businesses know better than anyone how important it is to find a way to keep customers coming back.

This brings up an important question: how do you keep customers coming back, again and again?

Luckily, with powerful channels like email, social, mobile, and social — it’s never been easier for businesses to stay in touch with customers and generate the repeat business they need to succeed. (more…)

Howard Bank: 10 Years Strong…

August 8th, 2014 | Posted by Mary Ann Scully in 10 Year Anniversary | Howard Bank - (Comments Off)

Howard Bank

MaryAnn ScullyIt was about ten years ago to the day that Howard Bank first opened its doors at the Snowden River and Hickory Ridge branches here in Columbia.

I clearly remember that day (August 9th to be exact). After a full year of preparation- raising capital, talking to regulators, signing office leases and hiring colleagues , to see customers enter our branches, drive up to our ATM’s, and to discuss with clients when we could book their new loans was the type of nail biting yet exhilarating moment that all business founders understand. I look back on it with awe and pride having seen what Howard Bank has become today.
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Understand Your Market…

July 29th, 2014 | Posted by admin in Marketing | Small Business - (Comments Off)

To run a successful business, you need to learn about your customers, your competitors and your industry. Market research is the process of analyzing data to help you understand which products and services are in demand, and how to be competitive. Market research can also provide valuable insight to help you: (more…)