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