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Have Questions? Browse our FAQs to learn more.
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What address should I mail my loan payments to?
Please note that as of October 1, 2021, we have a new address for loan payments. Please mail your loan payments to:
Fall River D/B/A BankFive
Department 2400
PO Box 986500
Boston, MA 02298-6500
Please include your payment voucher or account number with your check. You may also make loan payments from your BankFive account through Online Banking. Click the "Make a Transfer" link under the "Move Money" menu and select the payment and loan accounts from the list.
If you use Bill Pay to send your loan payments, please ensure you are using the address above.
Do you offer any special accounts for those under the age of 18, or over the age of 65?
Yes, our Free Checking, Basic Checking, and Passbook Savings accounts have no monthly maintenance service charges associated with them, and offer special benefits and reduced fees to those under 18 years old and those 65 and older. In addition, our Nickels Savings Account for Kids is a great way for children to learn the value of saving. We also offer a Student Savings account and a Student Checking account that can be great for high school students.
Can I make a deposit by mail?
Yes, please mail to Attention Branch, 79 North Main Street, Fall River, MA 02720, and please include a deposit slip or deposit instructions. You may also request a "Bank by Mail" envelope which includes a deposit slip.
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Product | Minimum Deposit | Minimum Required to Earn APY* | Interest Rate | APY* |
Basic Checking | $10 | $10 | 0.05% | 0.05% |
Relationship Checking | $10 | $100 | 0.15% | 0.15% |
eAccess Checking | $10 | $10 | 0.50% | 0.50% |
Rate may change after account is opened. Fees may reduce earnings.
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Unlimited Protection
Your deposits are 100% insured, even for amounts over the FDIC limit of $250,000
Low Minimums
Earn interest on balances as low as $500
No Maintenance Fees
Keep what you make without monthly maintenance charges
Flexibility
Deposit additional funds throughout the term with our special 24-Month Investment CD