Checking Accounts

¹The balances of business accounts and Kasasa products are excluded when determining whether the minimum daily balance required to waive the monthly service fee is met. Similarly, the balances of other accounts, where the primary account holder of the Gold Rewards Account is not the primary account holder of those other accounts, are also excluded when determining whether the minimum daily balance required to waive the monthly service fee is met.

²Kasasa Cash: Earn 2.01% APY on balances up to $20,000.00 in each Monthly Qualification Cycle that your account qualifies.  The portion of your balance above that cap will earn an interest rate of 0.25 resulting in a range from 2.01% to 0.54% APY, depending on the account’s balance, each cycle that your account qualifies.  Earn 0.05% APY in cycles that your account does not qualify. “Monthly Qualification Cycle” means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) 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. For example, the Statement Cycle for this account typically runs from the 6^th of the current month through the 5^th of the following month.  If the end date of the Statement Cycle falls on a Saturday or Sunday, the end date of the Statement Cycle is instead the Friday before, and the next Statement Cycle will commence the day after that. Rates are current as of Monday, July 22, 2019. Rates and rewards are subject to change and may change after account is opened. Fees may reduce earnings.

³Kasasa Cash Back: Qualifying accounts earn 2.00% cash back on all debit card purchases that post and settle during each Monthly Qualification Cycle that your account qualifies, up to a total of $8.00 cash back per Monthly Qualification Cycle.  “Monthly Qualification Cycle” means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) 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. For example, the Statement Cycle for this account typically runs from the 6^th of the current month through the 5^th of the following month.  If the end date of the Statement Cycle falls on a Saturday or Sunday, the end date of the Statement Cycle is instead the Friday before, and the next Statement Cycle will commence the day after that. Rewards are subject to change and may change after account is opened.

⁴Unlimited Nationwide ATM fee refunds offered in qualifying cycles (receipt required for ATM fees over $4.99 and for fees incurred at Smart ATMs capable of distributing currency in less than $5.00 denominations). ATM fees will not be refunded in Monthly Qualification Cycles that you do not meet the qualification requirements.

⁵Standard telephone/internet carrier rates & fees apply.

⁶Other financial institutions may impose a surcharge for use of their ATMs. Please visit our Additional Services page to learn more about our ATM services and the SUM Network.
 

Please refer to our Bay State Savings Bank Retail Fee Schedule for current fees & charges.

Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF).