Below is a list of entry-level checking accounts offered by member financial institutions of the Bank On Boston Coalition. Based on their features, some of these accounts meet the Massachusetts Community and Banking Council (MCBC) Basic Banking for Massachusetts Standards or the Cities for Financial Empowerment (CFE) Fund Bank On National Account Standards.
To open an account, residents can either visit financial institution branches and ask to open an account, or open for an account online if the financial institution offers that service.
Financial Institution | Entry-Level Account | Locations | Online Account Opening? | Standards |
---|---|---|---|---|
Bank of America | SafeBalance Banking Account | Find Bank of America near you | Yes | |
Berkshire Bank | MyFreedom Checking | Find Berkshire Bank near you | No | |
Citizens | EverValue™ Checking | Find Citizens Bank near you | Yes | |
Citizens | Student Checking | Find Citizens Bank near you | Yes | |
Dedham Savings | Start Up Checking | Find Dedham Savings near you | Yes | |
JPMorgan Chase | Chase Secure Banking | Find JPMorgan Chase near you | Yes | |
LendingClub | Rewards Checking | One Harbor Street Boston, MA 02210 | Yes | |
Metro Credit Union | Safeguard Checking Account | Find Metro Credit Union near you | No | |
M&T Bank | MyWay Banking Checking Account | Find M&T Bank near you | Yes | |
TD Bank | TD Essential Banking | Find TD Bank near you | Yes | |
The Cooperative Bank (TCB) | TCB Bank On Checking | Find TCB near you | No |