Consumer Account Regulation

Notice of Massachusetts General Laws Chapter 167D, Section 2, the “18-65 Law.” — A natural person 18 years of age or under or 65 years of age or older is eligible to receive one demand deposit (NOW) account and one regular savings account with the following special features:

  • No minimum balance requirement
  • No charges for deposits
  • No charges for withdrawals
  • No fee for the initial order or subsequent refills of the basic line of checks
  • Reduced overdraft and insufficient fund charges

Call 888-599-2265 for more information or to notify us of your eligibility.

Menu