Skip to main content

Massachusetts 18/65 Notice (Fee Exemptions for Seniors and Minors)

How depositors 18 or younger and 65 or older qualify for statutory fee exemptions.

Written by John Lauterhahn

Massachusetts law allows any individual who is 18 years of age or younger or 65 years of age or older to open a checking account and a savings account at any state-chartered savings bank, co-operative bank, or trust company without having to pay maintenance or service charges.

To read the full notice, follow the link below:

Did this answer your question?