BankOn - Mascoma Bank


Mascoma Bank Bank On Checking Account logo

BankOn with Us

Mascoma Bank is now BankOn Certified by the Cities for Financial Empowerment Fund (CFE Fund). We are offering a BankOn Checking account geared towards serving unbanked individuals in our communities.

This certification from the CFE Fund ensures that everyone has access to a safe and affordable bank account.

BankOn Checking Account Features

  • Direct deposit your paycheck
  • No overdraft fees
  • View account balance online
  • No fee from Mascoma Bank for using 3rd-party ATMs (Up to $50 per statement period)
  • Accounts in good standing for 6 months may unlock internet bank transfers, mobile deposits and increase debit card point-of-sale limit
  • Accounts in good standing for 12 months may be allowed to transition to another existing Bank checking account

BankOn Checking Account Details

  • $10 minimum to open account
  • Debit card limits start at $600 for ATMs and $500 for point-of-sale purchases
  • Writing checks is not available
  • Does not accrue interest
  • Does not allow for overdrawn balances
  • Mobile Deposits and Bill Pay may be available after 6 months if accounts are kept in good standing
  • Standard fees for wire transfers