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Our ATM located at 425 Center Street in Ludlow will no longer be available as of Friday, September 21, 2018.
All offices will be closing at 4PM on Wednesday, September 26th for our annual staff event.

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We think educating our youth is one of the most rewarding investments

As a true community bank, Country Bank’s mission includes building a solid economic foundation for our region. That commitment is why we focus on delivering world-class products and services to families and businesses. Providing education on financial matters is also part of our mission, which is why we partner with local schools to improve the financial literacy of the next generation.

Country Bank offers a variety of programs for students, from pre-k through college, that can be customized as needed. We work with teachers to understand the needs of their students and develop age appropriate programs for their classroom.

It is never too early to open an account today to help your child be ready for tomorrow!

All High School & College Accounts Come with

  • Mobile banking app with bill pay and mobile deposit
  • Online banking
  • Text banking
  • Debit or ATM card
  • Apple pay, Samsung Pay, Android Pay
  • eStatements

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  • Elementary & Middle School Financial Products

    Account TypeBenefits
    Statement Savings*
    It's a great way to start saving, for every member of your family. There are no monthly maintenance fees, making it easy to save!
    Certificates of Deposit**

    Certificates of Deposit are a secure investment with a specific term and a guaranteed rate of return. Terms range from 30 days to five years. We also offer special promotional CDs from time to time.

    High School & College Financial Products

    AccountBenefits
    Student Checking*A free checking account for consumers, between the ages of 16-22, that offers ATM fee refunds up to $25 per month*.
    Statement Savings**A great way to start saving, for every member of your family. There are no monthly maintenance fees, making it easy to save!
    Certificates of Deposit***Certificates of Deposit are a secure investment with a specific term and a guaranteed rate of return. Terms range from 30 days to 5 years.
  • Minor Account Information

    ATM Card: A minor may have an ATM card on their statement savings account as long as the parent/legal guardian signs as the responsible party.

    Debit Card: A minor may have a debit card on their student checking account as long as the parent/legal guardian signs as the responsible party.

    Notations:
    •On accounts owned individually or jointly by a minor, deposits and withdrawals are allowed without requiring permission from the parent/legal guardian. If the parent wishes to eliminate the minor’s ability to withdraw, he/she may want to consider opening a trust account with the minor as beneficiary, which means they will not have the capability to withdraw.
    •If a minor owns an account jointly, only the account owners can withdraw from the account. The parent has no right to the funds unless he/she is a joint account holder.  The parent may come in with the minor, and then we would allow the minor to withdraw.
    •If a minor owns an account individually and the parent comes in wishing to withdraw from the minor’s account, he/she must prove that he/she is the parent or legal guardian.

    Uniform Transfer to Minors Act (UTMA) The Uniform Transfer to Minors Act is a state law that allows an adult (custodian) to make an irrevocable gift to a minor. The custodian is obligated by law to use the money for the sole benefit of the minor, and when the minor reaches age 21, the custodian must turn the money over to the minor. Prior to January 1, 1987, the law stated that the funds must be given to the minor at age 18. Only the custodian can transact business on the account and signs a final withdrawal or transfer slip when the funds are given to the child at age 21. There can only be one custodian and one minor assigned to an account. If the minor dies before the age of 21, the money belongs to the minor’s estate.

    In the event that the custodian dies, a successor custodian must be appointed by the Court. The Successor Custodian is not automatically the parent/guardian of the minor.

    Totten Trust, also known as an “Informal Trust” or “Unwritten Trust.” These trusts may be set up with one or two trustees, for the benefit of one party (the beneficiary). The trustees have legal title to the money and if more than one, either trustee or the survivor trustee may withdraw funds and transact business on the account. Until death of the trustee(s), the beneficiary has no right to withdraw funds from the account. Upon the death of all the trustees, the beneficiary may then close out the account, even if the Personal Representative is looking for the money to settle the estate. The money is still part of the deceased estate for tax purposes.

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