Banking Made Personal

Checking Accounts

Real banking for real life. FDIC and DIF insured, relationship guaranteed.

We Find Your Fit

Meet Our Checking Accounts

We offer three foundational checking accounts designed for different banking styles. From simple everyday banking to interest-earning accounts with premium perks, our Personal Checking Accounts are designed to fit your life. All accounts are 100% insured-in-full by the FDIC and the DIF and supported by our 5-star rated service team.

Free Debit Checking

Simple, everyday debit checking with no fees and a low minimum balance. Great for frequent debit card users.

Free Digital Banking
Free Debit Card
No Earned Interest
No Minimum Balance
No Balance Fees
No ATM Surcharge Reimbursements
$10 to Open Account
Special Options for Seniors and Teens

Open Account

Advantage Checking

Does your checking account balance vary widely during the month? Lower minimum balance to avoid fees – including ATM fees.

Free Digital Banking
Free Debit Card
No Earned Interest
Minimum Balance of $500 to avoid fee
$15 Below Minimum Balance Fee
ATM Surcharge Reimbursements up to $15 nationwide (per Statement Cycle)
$10 to Open Account

Open Account

Premier Checking

Do you keep a large daily balance? Optimize deposited funds by earning interest with easy-access checking.

Free Digital Banking
Free Debit Card
Earns .05% Interest*
Minimum Balance of $5,000 or $20,000 Combined Deposit Balance to avoid fee
$25 Below Minimum Balance Fee
ATM Surcharge Reimbursements up to $50 nationwide (per Statement Cycle)
$10 to Open Account
Special Option for Frontline Heroes

*Fees could reduce earnings. Account rate is variable and is subject to change at any time. Annual Percentage Yield is .05%. Rates effective 11/24/25.

Open Account

Outside-the-Box Lives

Special Offers

Whether you’re serving our community, enjoying retirement, or just gaining some financial independence, you’ll find checking accounts designed for specific life stages and professions.

Frontline Heroes

Active Military, Veterans, Police, Fire Personnel, Doctors, Nurses, Emergency Medical Personnel, and Medical Facility Workers
Receive a Premier Checking Account with no monthly fees and no minimum balance required to earn interest. That’s how we say thank you.

Must open account in-person.

Teens (Ages 14-18)*

Give your teen the independence they want with the security you need with a joint Free Debit Checking Account that teaches real money skills. Debit Card included and digital banking accessible with the Free Debit Checking Account.

Must open an account in-person jointly with a parent or guardian.

Seniors (65+)*

Seniors are eligible for a Free Debit Checking Account and an Everyday Savings Account. Simple, free banking.

*Teens and Seniors: In accordance with Massachusetts law, persons 18 and younger OR 65 and older may be entitled to checking and savings accounts free of all charges except a $5.00 Insufficient Item fee/Insufficient Item Paid fee plus any ATM charges and Overdraft Account Draw transaction fees that may apply.

Frequently Asked Questions

Real questions from real customers about personal checking accounts, digital banking, and fees.

What's the minimum to open a personal checking account?

Only $10 opens any personal checking account. Some accounts have minimum daily balances to avoid monthly fees, but opening any account is always just $10.

How is my money protected?

All Lowell Five Bank accounts are insured in full by the FDIC and the Depositors Insurance Fund (DIF). Rest easy knowing your deposits are secure.

What digital banking features are included with checking accounts?

Every checking account includes our award-winning mobile app with mobile check deposit, bill pay, transfers, account alerts, and 24/7 account access. Digital convenience comes standard, not as an upcharge.

How can I prevent overdraft complications on my account?

Overdraft Advantage is an opt-in program affecting qualified accounts. By opting in, you may prevent declined transactions in stores, online, and at ATMs.
Overdraft Protection Loan is a personal loan attached to your checking account and available for up to $3,000.
Everyday Savings is a statement savings account that you can link to your checking account from which funds will be transferred should your checking account be overdrawn.

Ready to Get Started?