This online-only checking account lets you start earning interest with just a $10 balance.
If you do your banking online or by phone, our eAccess Checking account could be your best option. It gives you the flexibility you need to access your account on the go and lets you earn interest, even on small balances. All you need is $10 to start growing. BankFive lowers the barriers for our Massachusetts and Rhode Island neighbors who want an interest-bearing checking account with added convenience.
Flexibility to manage money your way:
- No monthly maintenance fee
- Earn interest with $10 minimum balance
- In-branch services available for $5 per visit1
- Includes a BankFive VISA® Debit Card
- Free access to Online Banking and Mobile Banking with Bill Pay
- Free ATM transactions2
- Send money to anyone with person-to-person payments3
- Transfer money to and from your BankFive accounts, and bank accounts at other financial institutions3
- Free eStatements4
Current eAccess Checking Account Rates
| Product | Minimum Deposit | Minimum Required to Obtain APY* | Interest Rate | APY* |
| eAccess Checking | $10 | $10 | 1.00% | 1.00% |
*APY=Annual Percentage Yield.
Rate effective 01/04/2025. Rate may change after account is opened. Fees may reduce earnings.
1 As an Internet-only account, we are passing along our cost-savings of servicing the account only online to you by giving ATM surcharge rebates and interest. We will charge $5 per visit for in-branch transactions.
2 Free at all BankFive and SUM Network ATMs. BankFive may impose a $1.50 service fee at non-BankFive ATMs that are outside of the SUM Network. Other banks may impose a surcharge for use of their ATMs as well. However, for eAccess Checking accounts, BankFive will reimburse incurred ATM fees up to $10 per statement cycle.
3 Standard processing is free. Expedited processing may incur additional charges.
4 eStatements are free. Paper statements are available upon request for $1 per month.
