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.

Author Archives: admin

How to Shop for a Bank…

July 22nd, 2014 | Posted by admin in Small Business - (Comments Off)

Choosing a bank for your business involves more than opening a new account at your personal bank or picking the branch office nearest your company. You need to understand what services you require and how much they cost. Ideally you’ll find a banker who will take the time to walk you through how to solve a problem, so you can go back to running your business. Still, some business owners may spend more time shopping for a $300 laser printer than they would shopping for a bank. (more…)

Ellicott City, MD, July 17, 2014 –Howard Bancorp, Inc. (Nasdaq: HBMD), the parent company of Howard Bank (the “Bank”), today reported its financial results for the three month and six month periods ended June 30, 2014.

Highlights for the three and six month periods ended June 30, 2014 were as follows: (more…)

Managing Your Mortgage…

July 17th, 2014 | Posted by admin in Mortgage - (Comments Off)

Introduction

Acquiring your first home, or a larger one to meet growing family needs, usually focuses all of your attention on accumulating the down payment and qualifying for the financing on the property you have selected. There is a sense of relief when the loan is finally closed and you have settled in the house. It will not take long, however, before you will have to face the financial responsibilities that home ownership imposes. (more…)

Customer Engagement: 3 Essential Tips for Small Businesses …

July 15th, 2014 | Posted by admin in Marketing | Small Business - (Comments Off)

By: Nicole Fallon, Business News Daily Assistant Editor

If you want customers to interact with your brand online, your Web presence needs to be engaging.

As a small business, your website is often the first place consumers will go to find you. Your site is your chance to make a good first impression on potential leads and bring back existing customers. If you want to accomplish this, it’s important to make sure your website keeps its visitors interested and engaged.

Most brands are aware of the need to create an engaging Web presence, but smaller ones typically don’t think they have the time or resources to constantly update their website with fresh, new content, or even create a website at all. (more…)

Smart Banking And Savings Basics

July 10th, 2014 | Posted by admin in Financial Planning | Savings - (Comments Off)

It’s all about saving the money you earn by banking smart, and using your banking for financial growth.

1. Money in a bank account is safe.

A bank is one of the safest places to stash your cash. In the wake of the financial crisis of 2008, the federal government increased the level of insurance on bank accounts — it’s now $250,000 per depositor.

2. You pay for the convenience of a bank account. (more…)

How to Get a Small Business Loan…

July 8th, 2014 | Posted by admin in SBA | Small Business - (Comments Off)

By: Jim Malloy

There is nothing quite so exciting to an entrepreneur as starting a new business venture or expanding an existing one. Following your passion and knowing that the success or failure of your business is on your shoulders alone is a great way to start each and every day. (more…)

Infographic: There’s Something About Harford

July 3rd, 2014 | Posted by admin in Howard Bank - (Comments Off)

As we celebrate the opening of our new branch in Bel Air (and look forward to a third Harford County branch later in the year) we thought it fitting to pay tribute to Harford County with an infographic detailing some interesting facts, stats, and historical points about this great county. Please enjoy and share the infographic below entitled, “There’s Something About Harford.” If you’d like to embed it on your website or blog simply copy the code at the bottom of this post. 
(more…)

Embed This Image On Your Site (copy code below):

Sales Strategy…

July 1st, 2014 | Posted by admin in Small Business - (Comments Off)

If your business involves selling a product, you are probably looking for ways to improve sales. A sales strategy will focus your efforts on your most important customer audiences, existing or potential. (more…)

Top 10 Rules for Small Business Success…

June 24th, 2014 | Posted by admin in Small Business - (Comments Off)

By Brian Grinonneau

1. Target: You are not all things to all people. Decide on your niche–narrow your focus and broaden your appeal.

2. Be Different: If your competitors are doing it, don’t. (more…)

America’s Housing Story: One Size Does Not Fit All…

June 19th, 2014 | Posted by admin in Mortgage - (Comments Off)

By: Frank Keating, President and CEO, American Bankers Association

June is traditionally designated National Homeownership Month. This year, we’re calling it American Housing Month. Homeownership is an important part of America’s housing story — most Americans prefer it — but the percentage of Americans who own their own homes fell to 65 percent earlier this year, the lowest level since 1995. The falling rate is a reflection of Americans’ many housing choices. (more…)