by Nika Cataldo | Nov 27, 2023
Amid the call to banks to offer bank accounts that could help low-income households, Santander Bank has started offering a consumer checking account to serve the underbanked and help them achieve their financial goals.
by Banker & Tradesman | Mar 24, 2022
East Cambridge Savings Bank has launched three products designed to help consumers access bank accounts and build credit.
by Diane McLaughlin | May 13, 2021
Berkshire Bank has joined the national Bank On initiative to reach unbanked and underbanked consumers by offering a checking account with no overdraft charges or monthly maintenance fees.
by Banker & Tradesman | Mar 5, 2021
The city of Boston has added another partner to its initiative to provide checking accounts to the city’s unbanked and underbanked residents.
by Bram Berkowitz | Jun 30, 2019
One third of Bostonians live outside the traditional financial system, cutting them off from crucial financial tools like credit cards and savings accounts and helping to lock them out of economic mobility. To combat this Boston and Worcester, where numbers are similar, are partnering with financial institutions to offer checking accounts that are easier to access.