The Pittsfield Co-operative Bank has been designated a "basic banking for Massachusetts" bank by the Massachusetts Community and Banking Council.
The designation identifies the Pittsfield Co-operative Bank as a participating bank in a low-cost program designed to encourage state residents with modest incomes to open bank accounts and use banking services.
"It is our intent to serve the entire community and make our services available to anyone who wants them," said President and CEO of the Pittsfield Co-operative Bank Jay Anderson. "We’re certainly happy to be recognized for our efforts to meet the needs of individuals with limited incomes who need a checking or savings account."
There are no special eligibility requirements for basic banking accounts, and free checking accounts are offered to students up to the age of 18 and seniors, aged 65 and older, according to a statement.





