BankOn - Mascoma Bank

BankOn

Mascoma Bank Bank On Checking Account logo

BankOn with Us

Mascoma Bank is now BankOn Certified by the Cities for Financial Empowerment Fund (CFE Fund). We are offering a BankOn Checking account geared towards serving unbanked individuals in our communities.

This certification from the CFE Fund ensures that everyone has access to a safe and affordable bank account.

BankOn Checking Account Features

  • Direct deposit your paycheck
  • No overdraft fees
  • View account balance online
  • No fee from Mascoma Bank for using 3rd-party ATMs (Up to $50 per statement period)
  • Accounts in good standing for 6 months may unlock internet bank transfers, mobile deposits and increase debit card point-of-sale limit
  • Accounts in good standing for 12 months may be allowed to transition to another existing Bank checking account

BankOn Checking Account Details

  • $10 minimum to open account
  • Debit card limits start at $600 for ATMs and $500 for point-of-sale purchases
  • Writing checks is not available
  • Does not accrue interest
  • Does not allow for overdrawn balances
  • Mobile Deposits and Bill Pay may be available after 6 months if accounts are kept in good standing
  • Standard fees for wire transfers