Mutual Bank

Mutual Bank was built on a simple idea: local people and their businesses are best served by a local bank, with local interests at heart. For that reason, Mutual Bank was established as a mutual institution, owned by its depositors, instead of by shareholders. More than a century later, we're still a mutual institution. We like to think of it as a better bank with a big heart.

Identification Required to Open a New Account
Description of your identification policy: 
Required MA issued Drivers License or ID Card.
IDs acceptable to open account: 
Yes
Savings Account Features
Monthly Maintenance Fee: 
$1.00 if the account balance is below $10.00
Minimum opening deposit: 
$10.00
Ability to have an automatic transfer (auto-save) from other accounts: 
Yes
Free Out of Network ATM Usage: 
No
Considers Chexsystems if less than 6 months: 
No
Other Bank Products and Services
Outgoing International wire transfers: 
Yes
Cost of wire transfer: 
$40.00
Remittances to foreign countries available: 
No
Free On-Line Banking: 
No
Cost for money orders: 
$3.00
Mobile banking available: 
No
Monthly statements : 
No additional cost
"Help" phone line hours: 
1-866-986-9226
Language assistance available (not necessarily in person): 
No
Languages: 
Spanish, Portuguese
 

 

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