With the federal government shut down and employees furloughed or working without pay, we know this brings uncertainty to families. If you are an affected federal employee and have your mortgage with us, please reach out. We’re ready to work with you to create a personalized solution.

 

For our depositors, please rest assured, your deposits always remain safe and fully protected by FDIC insurance. Deposits over FDIC limits are fully insured by the Massachusetts Depositors Insurance Fund. 

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Veterans Banking Benefits Program

RCB is proud to support our servicemembers through the Veterans Banking Benefits Program (VBBP). As a participating organization, we make the following benefits available to veterans:

  • A low-to-no cost (with no monthly maintenance fee and no minimum monthly balance) checking account to a VA benefit recipient who brings a monthly direct deposit to the institution.
  • A VA benefit recipient who does not currently qualify to open an account. At the bank’s discretion, this assistance can be provided through financial products, education, and/or counseling.
  • Accept Department of Veterans Affairs (VA) identification (ID) and a VA Homeless Coordinator’s office address to open a checking or savings account for Veterans who are homeless, formerly homeless, or simply do not have a permanent address.

The VBBP also provides free financial and credit counseling, access to free financial education through VetCents, and encourages Veterans to save through the Veteran Saves program.

VetCents

A celebrated online program designed specifically to help our military Veterans and family members improve their financial wellbeing.

Veteran Saves

Veteran Saves is a program designed to help veterans and their families build financial stability and security. Coordinated by the non-profit Consumer Federation of America (CFA), Veteran Saves utilizes research-based principles of behavioral economics and social marketing to promote savings behavior and motivate action.

To inquire about veteran benefits, a veteran can contact the Veterans Benefits Administration National Call Center at 1-800-827-1000.

Link to the VA Resources and Support website: https://www.va.gov/resources/

Find a VA office near you: https://www.va.gov/find-locations

RCB has two checking accounts that are eligible for the VBBP: Value Checking and Value Now Checking. Click here to learn more about each account. 

If you're ready to open one of the accounts, please use the button below: