At MutualOne Bank, we’ve made choosing a checking account simple. And, no matter which account you select, you’ll always get the personal service you expect from your local community bank.
This account is the perfect solution for simple, worry-free checking – no monthly fees, minimum balance requirements, or per-check charges. Plus, you will also enjoy debit cash rewards, surcharge-free ATMs, our online banking service, and more. For more information, check the benefits listed below.
Advantage Interest Checking
If you normally keep a large balance in your checking account, Advantage Interest Checking may be right for you. Your interest rate increases with your account balance and monthly fees are waived when you keep a minimum balance of $1,000 – or $5,000 in a combination of MutualOne Bank deposit and loan accounts.
Both of these accounts offer a host of benefits including:
Checking for Charity
Each year MutualOne Bank donates $10 to a designated local charity with the opening of each new personal or business checking account. Click here to find out about past recipients.
At MutualOne Bank, every deposit is insured in full.
Each depositor is insured by the Federal Deposit Insurance Corporation (FDIC) to at least $250,000. All deposits over and above this amount are covered by the Share Insurance Fund (SIF), established by the legislature in 1934 to protect deposits in Massachusetts-chartered co-operative banks. There are no maximum account limitations or amount limitations.