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 Bank Council (MCBC) Basic Banking for Massachusetts Standards or the Cities for Financial Empowerment (CFE) Fund Bank On National Account Standards. While this list currently focuses on checking accounts, it will soon expand to include savings accounts as well.
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 branch near you. | Yes | Meets Bank On National Account Standards |
| Blue Hills Bank | Free Checking | Find Blue Hills Bank near you. | Yes | |
| Boston Private Bank & Trust | Basic Checking Account | Find Boston Private Bank & Trust near you. | No | Meets Basic Banking for Massachusetts Standards |
| Brookline Bank | AccessOne Checking | Find Brookline Bank near you. | No | Meets Basic Banking for Massachusetts Standards |
| City of Boston Credit Union | City of Boston Credit Union Checking Account | Find City of Boston Credit Union near you. | No | Meets Basic Banking for Massachusetts Standards |
| East Boston Savings Bank | Simply Free Checking | Find East Boston Savings Bank near you. | Yes | |
| Eastern Bank | Eastern Free Checking | Find Eastern Bank near you. | No | Meets Basic Banking for Massachusetts Standards |
| Santander Bank | Santander Basic Checking | Find Santander Bank near you. | Yes | Meets Basic Banking for Massachusetts Standards |
| Webster Bank | Webster Value Checking | Find Webster Bank near you. | Yes |