Thank you for your interest in opening an account with The Lowell Five. To apply you will need a social security number, driver's license number, date of birth information, home address, email address, and joint owner information.
By completing the following form, I authorize the financial institution to verify credit and employment history and/or have a credit reporting agency prepare a credit report on the undersigned, as individuals.
2003 Patriot Act Notice
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. The Bank may also use other methods (for example, obtaining information from a third party) to verify the information provided on the signature card.
Please enter information as it appears on your government ID.
Our new family of checking accounts has something for everyone. Whether you’re looking for a simple, no nonsense, no minimum balance account, reimbursement* of nationwide ATM fees*, or a full featured account that earns interest, we have an account that’s right for you.
Reimbursement of nationwide ATM fees applies to the Convenience and Premier checking account only. Nationwide ATM fees will be reimbursed up to $15.00 per statement cycle for the Convenience checking account and up to $50 per statement cycle for the Premier Checking Account.
Military Checking Account
Our military personnel work hard to keep our country safe and secure. As a tribute, The Lowell Five has created The Military Checking Account* for our active and retired servicemen and women.
*Direct deposit from the Department of Defense required to qualify.
Ignition Checking Account
Ignite Your Financial Independence with the checking account designed for 16-23 year olds.*
*Ignition Checking becomes a MyChoice Free Checking Account on primary account holder’s 23rd birthday. eStatements are required. Paper statements incur a $2.00 monthly fee
Companion Savings Account
The Lowell Five’s Companion Account is our most convenient way to save. If your checking is running low, we will automatically draw from your savings, protecting you against potential overdrafts.
Before You Know It Club Account
Club accounts have come a long way. They are no longer just for Christmas. By automatically depositing just $10 or $20 a week, Before You Know It, you will have reached your goal. Whether you’re saving for a Summer vacation, holiday gifts or a flat-screen TV, The Lowell Five can help you get there. Over a 40-week period, watch your money grow with a higher rate of return than traditional savings!
Please select the location and method of contact that is most convenient for you.
Once you submit your application, a personal banking specialist will contact you, using the method selected above, by the next business day. In order to open your account, we will schedule a time for you to visit one of our branch locations to complete the process.
**requires enrollment in online banking. ***subject to approval.
Once your application has been submitted, your new account will be opened. Signature cards will be mailed to the address listed on file for you to return at your convenience.