Providing Personal Checking Solutions to Massachusetts & Rhode Island
Whether you're looking for a checking account that pays interest or one that provides lots of additional benefits, BayCoast Bank has an account that is right for you.
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.
Manage Your Money with the Right Checking Account
Choose from flexible personal checking options at BayCoast Bank – from free accounts to interest-earning plans — and open yours today.
- FREE Checking Account: Enjoy no monthly service fees and no minimum balance requirements, making this account 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.
- BayCoast Wave™ Account: Designed for those who do not qualify for our traditional checking accounts, the BayCoast Wave Checking account is free with a direct deposit. This is a non-interest-bearing checking account that customers can open for only $10.00.
- Direct Checking: When you want a straightforward account, our Direct Checking option is for you. With this account, we’ll waive our monthly $3.00 service charge if you receive a single direct deposit per statement cycle or maintain an average daily balance of $1,500.00. This account only requires a minimum $10.00 deposit to open an account, making it very accessible.
- Preferred Checking: If you’re interested in receiving high interest and exceptional loan discounts, you’ll want to consider our Preferred Checking account. As long as you keep a minimum average daily balance of $500.00 per statement cycle, you’ll gain interest. This account also automatically qualifies you for a $500.00 overdraft line of credit and preferred CD rates.
Universal Benefits for All BayCoast Bank Personal Checking Accounts
Regardless of the personal checking account you choose, all BayCoast Bank checking account customers can enjoy account features such as:
- Free Debit MasterCard® or ATM Card (issued instantly in-branch)
- Free Online Banking with Free Bill Payment
- Free Mobile Banking with Free Mobile Snap Deposit
- Free Telephone Banking
Debit card users get access to additional benefits including purchase rewards, access to our debit card control directly integrated within our BayCoast Mobile Banking App and Online Banking, and can enable Apple & Google Pay. Online banking users get access to additional benefits such as our Money Management budgeting tool, eStatements, and our peer-to-peer payment service Popmoney®.
Open Your Personal Checking Account Now
Enjoy free digital banking, debit card access, and convenient features tailored to your financial goals.
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.
What Types of Checking Accounts Are Available at BayCoast Bank?
We know that everyone has different needs, so we offer many different checking accounts to choose from. As you search for the perfect fit for your financial goals, learn more about our selection of checking accounts below:
- Active Checking: With our Active Checking account, account holders with balances between $0.01 to $25,000 will earn a higher interest rate than most other checking accounts. As long as you qualify, this account also gives you the ability to not receive any fees when you go to different ATMs. We’ll even cover other banks’ ATM surcharges up to $25.00 per qualification period.
- Senior/Minor Checking: The Senior/Minor Checking is a free checking account for seniors over the age of 65 and minors 18 years of age and under that earns interest if a daily balance of $500 is kept in the account. Customers can open this account for as little as $10.00. With a Senior/Minor Checking account the customer can write as many checks as they wish and can order free Blue Custom Creations checks.
- Honor Checking: We’re proud to offer our Honor Checking account to active and retired veterans and armed services personnel. We waive monthly maintenance services charges as long your account receives one direct deposit per statement cycle, and we’ll pay interest if your average daily balance is over $500.00 per statement cycle.
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.
Bank With Confidence — Start With Checking
Get a checking account designed for your needs and backed by trusted community banking service since 1851.
Find The Right Checking Account For You
Do you have any questions about which account is right for you?
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
©BayCoast Bank & baycoast.bank. All rights reserved. All information on this website is copyright of BayCoast Bank. Reproduction of any information disclosed on this site is strictly prohibited. Any evidence of criminal activity will be provided to law enforcement officials.
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