18/65 Notice

For members 65 years of age or older or 18 years of age or younger:

In accordance with M.G.L. Chapter 171, Section 32B, also known as the “18/65 Law” we do not impose any fee, charge or other assessment against the savings or checking account of any person age 65 or older, or age 18 or younger. However, a reasonable charge, as determined by the Division of Banks, may be assessed against such accounts when payment has been refused due to insufficient funds. Our fee for insufficient funds does not exceed $5.00 per transaction. ATM fees apply. 

Note: We are required to notify you of this annually.