Checking Account Rates

Effective Date: Thursday, Sep 28, 2023

For Balances Of APY* Minimum to Open
Each monthly cycle $0.01 to $20,000.00 0.50% $0
Each monthly cycle $20,000.00 and above 0.05% $0

1APY=Annual Percentage Yield. APYs accurate as of Friday, Jan 6, 2023. Rates and rewards are variable and may change after account is opened. No minimum to open account. “Monthly Cycle” means a period beginning one day prior to the first day of the current Statement Cycle through one day prior to the close of the current Statement Cycle. “Statement Cycle” means the period of time for which Bay State Savings Bank provides a summary of the financial activities and transactions that post and settle to the accountholder’s account. Interest Checking: Nationwide ATM fees incurred during monthly cycle will be reimbursed up to $20 ($5.00 per single transaction) per  cycle and credited to account on the last day of Monthly Statement Cycle; (2) balances up to and including $20,000 receive APY of 0.50%; and (3)  balances over $20,000 earn 0.05% interest rate on the portion of the balance over $20,000 resulting in a range from 0.50% to 0.13% APY depending on the balance. Transactions may take one or more banking days from the date transaction was made to post and settle to account.  The advertised Interest Checking APY is based on compounding interest. Interest earned in Interest Checking is automatically transferred to Flex Savings each Statement Cycle and does not compound. Actual interest amount paid may be less than advertised Interest Checking APY. The Flex Savings APYs may be less than Interest Checking APYs. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM of $5.00 or higher. Fees may reduce earnings.

Open Now

Effective Date: Thursday, Sep 28, 2023

Current APY* Minimum to Open
0.02% $100

To open an account, please call Customer Service at 508-890-9000 or 800-244-8161 or visit one of our branch locations.

No monthly maintenance fees.

Minimum balance of $0.01 to receive stated APY.

*Annual Percentage Yield (APY) may change at any time without notice. Fees may reduce earnings.