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Earn $100* with our new checking account bonus.

Open a new personal checking account and get a $100 bonus when you set up direct deposit and enroll in eStatements.* Whether you’re looking for a checking account in MA or RI or one you can manage online, we have options.

Enjoy the benefits of a local checking account, from a community bank near you.

Our personal checking accounts make it easy to manage your money:

VISA® debit card with online card controls, cash back rewards, and Apple Pay and Google Pay
Online & mobile banking - check balances, pay bills, and more
Free credit alerts through our mobile app and online banking
Zelle® - send and receive payments with friends and family
Switch My Bank tool - easily move your direct deposit and regular payments
100% deposit insurance - your money is fully protected, even beyond FDIC limits

Six great checking accounts to choose from! Open online, or visit a branch near you. If you’re applying in person, mention code 100_checking_offer.

Where to Find Us

We have 14 convenient branch locations. Drop in at our branches in Dartmouth, Fairhaven, Fall River, New Bedford, Somerset, Swansea, or Westport, MA. Or visit us in Rhode Island in Bristol or Warwick.

*$10 minimum deposit required to open Basic Checking, Free Checking, eAccess Checking, Student Checking, or Relationship Checking account. No minimum deposit required to open Veterans Checking account. Fees will apply for other services such as overdraft fees and stop payment fees. Refer to our Account Disclosures for the terms and APY (if applicable) of each account option. Set up of monthly direct deposit and enrollment in electronic statements are required to earn bonus. $100 bonus will be credited to the account within 60 days of conditions being met. Conditions include: first direct deposit being made into the account, and enrollment in electronic statements. Both of these conditions must be completed within 60 days of account opening. BankFive will issue a 1099 for the $100 bonus. Offer subject to change without notice. Other terms and conditions may apply. All account disclosures are provided in English. Account must be opened by 12/31/25.

Jul 16

They helped me fix my account by reopening a new account

Richard-

Jul 15

Professional, courteous and helpful! The person on the phone took their time in making sure all my questions were answered and it didn’t feel rushed!

Rachel

Jun 26

Everytime I go to BankFive it is a wonderful experience! My most recent branch was President Ave in Fall River, MA and I had the delightful experience of being helped by Alexis who was exceptional and went above and beyond! She was very professional, knowledgeable and friendly! She greeted me and others with a smile. She is exemplary and BankFive is very lucky to have a young lady like her on their team.

"C"

Jun 11

I had a problem related to the Bill Pay function. I’ve used it for many years to pay bills from utilities to credit cards and never had a problem. It seems Blue Cross Medex is not recognizing payments to my account. I have two other Blue Cross products I’m paying through Bill Pay with no problem. This tells me the problem belongs to Blue Cross. Bank Five’s personnel put through Stop Payment for me free of charge and added back the amount to my checking account. Just the solution I needed so I could pay Blue Cross through their own electronic payment system, which is much less convenient for me than Bill Pay. I still have much confidence in Bank Five’s Bill Pay service.

Wayne Swift

Jun 05

The teller was very helpful in explaining how to best manage a transaction

Edward

Jun 05

Amazing staff; friendly, helpful and knowledgeable.

Mohsin

May 23

A very warm welcome and in less than 2 minutes, the manager was available for me. In less than 45 minutes she managed to set up my account, hand me and my wife, our debit cards and all the necessary paperwork.

Dieudonne

May 16

The banker was excellent. Very patient and great explanation

Evenson

May 15

There’s my first time with bank5 i think I’m going to like it because the person who helps me with account did good

Autilio

May 07

Ana Pemente opened my checking account and she was very personable and I enjoyed meeting her. I look forward to doing business with your bank.

Robert

Apr 17

Every person I worked with was efficient, professional and made me feel at ease

Madeleine

Apr 03

We had to close our account due to a fraud occurrence. The Assistant Manager at the Somerset Branch was most helpful and knowledgeable in resolving this very trying situation. Along with opening a new account she also notified Social Security Administration of the change.

Benvinda O'Leary

Apr 02

Sara Pavao was really pleasant to deal with. She was very knowledgeable and helpful to us.

Christine

Apr 02

Prompt and friendly service

Gerald

Jan 22

Great service and make things so easy. The mobile app is very simple and convenient for me

Vasyl

Jul 11

Fast, efficient, friendly staff, free debit card, free checking, no minimum amount needed : 👍

Frederick

Feb 01

I love the app

Kelvin

Dec 23

Been a member of Bank5 since a teenager. My mom & most of my family belong to Bank5 too. Customer service is always great!

Kevin

Nov 24

Love this bank so helpful with everything. The app is also easy and quick to use💙

Magi

May 03

This bank ( in person) has done everything properly, kind, attentive very helpful. I also like the app being older generation technology is far from being one of my strengths and I’ve done pretty well with your online banking app. Thank you for your services Magi💙

Magi

Want that new checking account bonus*? Your Rhode Island or Massachusetts checking account is just a click away.

	Relationship Checking	eAccess Checking	Basic Checking	Free Checking	Student Checking¹	Veterans Checking
Monthly Maintenance Service Charge	$5.00²	None	None	None	None	None
In-Branch Service Fee (per visit)	None	$5.00³	None	None	None	None
Earns Interest	Yes	Yes	Yes	No	No	No
Interest Rate	0.15%	1.00%	0.05%	N/A	N/A	N/A
APY⁴	0.15%	1.00%	0.05%	N/A	N/A	N/A
Minimum Balance to Obtain APY⁴	$100	$10	$10	N/A	N/A	N/A
Free ATM Use	Yes⁵	Yes⁶	Yes⁷	Yes⁷	Yes⁶	Yes⁷
	Open Online	Open Online	Open In-Branch	Open Online	Open Online	Open Online

¹_{Student Checking is only available to those ages 16-24. On 25th birthday, account automatically changes to eAccess Checking, subject to the terms and conditions, terms of service, and fees of that account.}

²_{$5 monthly maintenance service charge waived with minimum $10,000 relationship of deposits and loan balances.}

³_{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.}

⁴_{APY = Annual Percentage Yield. Rate may change after account is opened. Fees may reduce earnings.}

⁵_{BankFive will not impose an ATM service fee at non-BankFive ATMs for Relationship Checking customers. Other banks may impose a surcharge for the use of their ATMs however.}

⁶_{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 and Student Checking accounts, BankFive will reimburse incurred ATM fees up to $10 per statement cycle.}

⁷_{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.}