Checking Account Rates

Effective Date: Monday, Dec 5, 2022

For Balances Of APY* Minimum to Open
If qualifications are met $0.01 to $20,000.00 0.50% $0
If qualifications are met $20,000.00 and above 0.05% $0
If qualifications are not met Entire Balance 0.05% $0

*APY=Annual Percentage Yield. APYs accurate as of Monday, Dec 5, 2022. Kasasa rates and rewards are variable and may change after account is opened. No minimum to open any Kasasa account. “Monthly Qualification 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. Kasasa Cash: If qualifications are met each Monthly Qualification Cycle: (1) Nationwide ATM fees incurred during qualification cycle will be reimbursed up to $20 ($5.00 per single transaction) per qualification cycle and credited to account on the last day of Monthly Statement Cycle; (2) balances up to and including $20,000 receive APY of 0.75%; 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 0.75% to 0.17% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.05% APY. Qualifying transactions must post and settle to Kasasa Cash account during Monthly Qualification Cycle. Transactions may take one or more banking days from the date transaction was made to post and settle to account. ATM-processed transactions do not count towards qualifying debit card transactions. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each Statement Cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. Transfers between accounts do not count as qualifying transactions. 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: Monday, Dec 5, 2022

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.