Basic Banking for Massachusetts was launched in 1994 to expand access to bank products and services and to encourage those with limited banking needs to establish banking relationships. The Massachusetts Community & Banking Council’s (MCBC) Banking Services Committee, comprised of community advocates and representatives from financial institutions, developed the voluntary program to ensure that the banking needs of all residents are met through competitive, profitable and sustainable products.
A list of the Basic Banking for Massachusetts guidelines and a list of 2011 participating banks is available on MCBC’s website at www.mcbc.info.
Flyers promoting the BasicBanking.org website are available in English and Spanish for posting on bulletin and notice boards and for distribution at financial education classes. English: Download Here. Spanish: Download Here. Portuguese: Download Here
Basicbanking.org is a service of Partnership for Financial Equity