Mascoma Savings Bank
 
Mascoma Savings Bank

What's New

Earn 4.55% Annual Percentage Yield on your Checking Account?

That’s right!

Earn 4.55% Annual Percentage Yield on your Checking Account with ATM Refunds Nationwide.

Introducing Free Rewards Checking from Mascoma Savings Bank. Earn CD type returns with checking flexibility. Internet banking, online bill payer, free debit cards, and direct deposit make your life easier. Now Mascoma Savings Bank wants to reward you and your lifestyle.

It's a FREE Checking account that earns .10% annual percentage yield, however, if you do three simple things, we will Reward you with 4.55% annual percentage yield and a refund of ATM fees paid nationwide.

To get the Rewards for this account all you have to do is:

  • Receive your monthly statement by email.
  • Make 12 debit card purchases in a month.
  • Have a direct deposit or an automatic debit from your checking account.

Don't you do these things already?

For more information about our Rewards Checking Rewards Checking Account please contact a Personal Banker at any of our Convenient Locations .


SCAMS:

At Mascoma Savings Bank we have seen all different types of scams. We have seen them involving apartment renting. Where the scammer has sent payment for a full year of renting, then asked for some of the money to be returned because something came up, usually a sick family member. Whatever payment the scammer sent was counterfeit.

We have seen all kinds of lottery scams. Folks will receive a letter stating that they have won some sort of lottery with a check. They are asked to cash the check and wire money (usually for taxes) back to the lottery Officials. The check that was sent is counterfeit.

*IT IS ILLEGAL FOR A US CITIZEN TO ENTER A FOREIGN LOTTERY*

We have seen people/customers being asked by someone to help him or her cash checks. Usually the story involves a person being outside the Country and not having access to US funds. They have asked that we help them by simply cashing some checks, money orders or Travelers checks and wiring funds to them. The payment sent is counterfeit.

We could go on and on with the different types of scams we have seen. The important thing to remember is, if it sounds too good to be true, it probably is. A common factor in most of the scams is that the bad guy will ask for the money to be wired back via Western Union or Moneygram. There is a great new web site out there, www.fakechecks.org. I would recommend that you take a look at it.

You can get more information from www.fbi.gov and www.ftc.gov
NEW Checking Accounts

Mascoma Savings Bank has changed their Consumer Checking Accounts. We now offer "Free Checking", "Standard Checking", and "Relationship Gold Checking".

Each individual account has its benefits-from No Monthly Fee, to having the opportunity to travel with our Platinum Passport Club, plus many additional benefits to insure our customers' banking satisfaction. We invite you to check out our NEW Checking Accounts by calling or stopping by one of our Convenient Locations to speak with a Personal Banker.

AnnualCreditReport.com

You are allowed to receive a copy of your Credit Report every 12 months from each of the nationwide credit reporting companies: Equifax, Experian and TransUnion.

For more information on how to obtain your Credit Report FREE visit www.AnnualCreditReport.com


Health Savings Account

Does your current Health Plan have a High Deductible? Mascoma Savings Bank wants to help. By establishing a Health Savings Account (in conjunction with a high-deductible health plan) you can take healthcare back into your hands and make your own decisions about your health care.

Health Savings Accounts allow you to make deductible contributions and accumulate earnings tax free. Distributions are also tax free when used for qualified medical expenses.

For more information about our Health Savings Account please contact a Personal Banker at any of our Convenient Locations .

Business Customers --- We have Remote Capture!

Merchant Remote Capture allows our business customers to make their deposits electronically from the convenience of their own desk. All you need is an Internet enabled PC with a browser and a check scanner. Merchant Remote Capture results in less work, increased accuracy, reduced processing costs and increased profit for your business.

For more information about Merchant Remote Capture please contact a member of our Business Development Team.


 

 

Mascoma Savings Bank
 
 

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