Fidelity Bank joins Bank On Collaborative – Effort working to assist unbanked throughout Worcester & Southbridge
Published: July 18, 2019
Fidelity Bank and Berkshire Bank have joined Bay State Savings Bank, Commerce Bank, Cornerstone Bank, DCU and UniBank in offering the official Bank On Worcester County product. Bank On Worcester County seeks solutions to increase access and decrease barriers to banking through the development of safe and affordable products and options, as well as financial education opportunities to meet the needs of individuals and families in Worcester and Southbridge.
The Bank On Worcester County Product includes (but is not limited to) the following features:
- Low minimum opening deposit ($25 or less)
- No inactivity fees
- Low overdraft fees ($5)
- Online and Mobile Banking
- Low monthly maintence fees
- Ability to open account if ChexSystem balance is $250 or less (except in instances of fraud)
The account is available to individuals without a current checking account who obtain a referral card issued by a local community agency. Individuals may also request a Bank On referral card at www.bankonworcestercounty.org.
“Berkshire Bank and our Commerce Bank Division are thrilled to join the WCAC’s BankOn! effort in Worcester County,” said Brian Sullivan, Senior Vice Presdient of Retail Branch Banking for Berkshire Bank. “Like the WCAC, helping people move to economic self-sufficiency aligns to our core values of Belonging, Focusing, Inclusion, Respect, Service and Teamwork. Our mission is to be a community bank that not only meets the needs of its customers and employees but the needs of the community as a whole, and this partnership will allow us to do that through financial education.”
Sherri Pitcher, Vice President of Business Development for Fidelity Bank said, “Fidelity Bank is proud to be a member of the Bank On Worcester County team. The Bank On program is aligned with Fidelity Bank’s LifeDesign promise and our mission to be the most caring bank in the community. We believe that everyone – our clients, employees, and community members – deserve the opportunity to grow, improve, and realize their hopes and dreams. We look forward to continuing to work with Worcester Community Action Council and our Bank On (banking) partners to help people in our community achieve financial stability though access to banking and financial education.”
Officially launched in June 2018, Bank On Worcester County is a creative approach to addressing poverty as a community health concern, resulting in a unified partnership of local government, non-profit organizations, and banking institutions focused on increasing financial stability for low-to-moderate-income families.
Since 1965, the Worcester Community Action Council has served as the federally designated anti-poverty agency for central and southern Worcester County, with a mission of helping people move to economic self-sufficiency through programs, partnerships and advocacy.
Serving the City of Worcester and 45 neighboring communities of Auburn, Blackstone, Boylston, Brimfield, Brookfield, Charlton, Clinton, Douglas, Dudley, East Brookfield, Hardwick, Holden, Holland, Hopedale, Hubbardston, Grafton, Leicester, Mendon, Milford, Millbury, Millville, Monson, New Braintree, North Brookfield, Northborough, Northbridge, Palmer, Oakham, Oxford, Paxton, Rutland, Shrewsbury, Southbridge, Spencer, Sterling, Sturbridge, Sutton, Upton, Uxbridge, Wales, Warren, Webster, West Boylston, West Brookfield and Westborough.