This checking account is exempt from state and federal 1099 tax reporting and the interest is remitted to the Mass IOLTA Committee. Benefits include: Low Opening Balance of $100 Free Telephone Banking* Free Business Debit Card Deposits Fully Insured** Open an account today! To open an account, please call Customer Service at 508-890-9000 or 800-244-8161 or visit one of our branch locations. View Rates