FREE Checking Account in Massachusetts & Rhode Island. Wave Goodbye To Fees
No Monthly Service Fees. No Transaction Fees.
Open your FREE Checking account online or in person at one of BayCoast Bank’s convenient branch locations on the South Coast of Massachusetts and Rhode Island and you’ll enjoy:
At BayCoast Bank, we are proud to serve the people and businesses of Massachusetts and Rhode Island.
BayCoast upholds the time-honored belief in community involvement and provides a wide range of financial services. We are your friends and neighbors, dedicated to supporting the communities where we live and work. We offer a wide range of financial solutions to suit your life and your lifestyle. Afterall, you have financial goals, and we’re here to help you achieve them.
Who We Are
Our History
BayCoast Bank is a long-standing community bank, serving customers since 1851. Originally chartered in Tiverton, Rhode Island, BayCoast Bank started out simply as The Savings Bank, opening its doors on December 1st of that year. In 1862, a state boundary shift placed The Savings Bank on the Massachusetts side of the line, making the city of Fall River its home for well over a century, before relocating its headquarters to Swansea in 2011.
We are incredibly honored by our decades-long tradition of financial services to the area. Today, this commitment is as strong as ever, and it is our privilege to continue to provide exceptional service to you, as we did for your parents, grandparents, and great grandparents.
Open Your Free Checking Account Today
Enjoy no monthly fees, no minimum balance, and total banking flexibility — start in minutes!
At BayCoast Bank, we pride ourselves on being the best local community bank in Rhode Island and Massachusetts, committed to delivering personal service with a focus on local values. When you bank with us, you’re supporting a bank that reinvests in local businesses, organizations and causes. Our Free Personal Checking account is a reflection of that dedication, offering you the freedom to bank without hidden fees or complicated conditions.
Experience the difference a local community bank can make with BayCoast’s Free Personal Checking account.
Get a Safe, Secure and Flexible FREE Checking Account from the Bank Southeastern New Englanders Trust, BayCoast Bank!
Regardless of the personal checking account you choose, all BayCoast Bank checking account customers can enjoy account features such as:
- No Monthly Service Fees
- No Minimum Balance Requirement
- No Transaction Fees
- Unlimited Check Writing
- FREE Starter Pack of Checks
Start Banking Without Fees
Get a Free Checking account with no service charges or minimums — secure and simple.
We’re not just a bank, we’re a family.
As part of the BayCoast community, you’ll always have the support you need to grow in as many different directions as you want. Our family of services — BayCoast Mortgage Company, Plimoth Investment Advisors, and BayCoast Insurance are more than banking products, they’re our way of providing well-being, comfort, and a bridge to your financial future.
Why is BayCoast’s FREE Personal Checking Account in Rhode Island and Massachusetts the One for You?
With BayCoast’s Free Personal Checking account, you will enjoy NO monthly service fees and no minimum balance requirements —making it the simplest and most accessible option for your banking needs. Whether you’re just starting your financial journey or looking to switch banks, our free checking account is designed to help you manage your money with ease and flexibility.
Other Services
Whether you need to open one a checking or savings account, a certificate of deposit (CD) or apply for an auto loan, we are here to deliver the solutions you need.
Savings
BayCoast Bank offers a variety of personal and business savings options to help customers grow their funds and reach financial goals, including simple Statement Savings accounts with low minimums and no maintenance fees, Money Market accounts that earn interest with higher balances.
Loans
BayCoast Bank provides a range of personal and business lending solutions to help individuals and companies meet their financial goals. Personal lending options include unsecured loans, savings-collateral loans, and other loan types that can help with debt consolidation, large purchases, or other needs.
Investing
BayCoast Bank offers personal investing services to help individuals work toward long-term financial goals and financial security. Our team can assist with personalized strategies, along with traditional retirement accounts like savings or CD IRAs.
Online Banking
BayCoast Bank Online Banking allows customers to securely manage accounts anytime, check balances, transfer funds, pay bills, and view statements through desktop or mobile devices, providing convenient and easy access to everyday banking.
Your No-Fee Checking Awaits
Open online or at a nearby branch and bank smarter with no monthly fees or balance requirements.
Benefits & Pricing
Monthly Maintenance Service Charge
None
Minimum to Open Account
A deposit of $10.00 is required to open this account. (1)
Interest
This account does not earn interest.
ATM Service Charge
All ATM service charges are waived for BayCoast Bank ATMs. Other financial institutions may incur an ATM fee. (3)
Check Orders
FREE Starter Pack of Checks (2)
Other Features
There is no fee for checks written on this account.
Member FDIC. Member DIF. (1) An early closeout fee of $25.00 will be charged if this account is closed within six (6) months of account opening. (2) A free starter pack includes 40 checks. Fees for additional check orders will vary based on number and style of checks selected. (3).Refer to the Miscellaneous Fees and Charges disclosure for additional fees that may be assessed including, but not limited to, ATM service charges and insufficient funds charges.
Open Your FREE Checking Account Today
Get started in minutes — fill in your details below to begin your application.
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Location Swansea, MA
BayCoast Place
330 Swansea Mall Drive Swansea, MA 02777
Lobby Hours
Mon. – Wed. 9am – 4pm
Thurs. – Fri. – 9am – 5pm
Sat. – Sun. Closed
ITM Hours – Drive-Up
Mon. – Fri. 7am – 7pm
Sat. 8am – 2pm
Sun. Closed
What Our Clients Say
We can’t say enough about how helpful and knowledgeable everyone at BayCoast has been. With our everyday banking, small business loans and everything in between. Stephanie Terra is a diamond and goes above and beyond. She makes our job so much easier because she’s so good at hers! We couldn’t think of banking anywhere else - thank you BayCoast!
Family Tree Services
We have been using Baycoast Bank for all our financial needs for 29 years. We have never had a problem and Richard De Almedia is absolutely wonderful! He helped us refinance our home several times to get a lower interest rate and helped us when we were closing on a new home out of state. I know of no other bank that would bend over backwards to help us like Baycoast Bank would. I trust them implicitly and you can too.
Paula Hamel
I have been banking with BayCoast Bank for a few years now, They have amazing products for very small business, snd large ones, Great Student accounts, Mortgage products, the list goes on.. So if you're looking for a great bank , with great customer service , great products all around , BayCoast is the place to be.
Yvonne P
