Opening any type of personal banking account comes with expectations—great service, dependability, and value.

You don’t want to worry about hidden fees or potential pitfalls with your personal finances. With Bedford Federal Savings Bank, our account features are ready for you to view in black and white with honesty at the forefront. We welcome you to Contact Us with any personal banking questions.

Deposits are FDIC insured to $250,000.

Free Checking

  • Open with a $25.00 deposit
  • No monthly minimum balance required
  • No monthly service charge or per check charge
  • First initial check order of 20 checks is free
  • Non-interest bearing account
  • Overdraft Privilege eligible

Regular Checking

  • Open with a $50.00 deposit
  • Minimum balance of $500.00 required to avoid $8.00 per statement cycle service charge.
  • No per check charge
  • Waived service charge if you have direct deposit into the account.
  • Check images returned with monthly statement
  • Earn competitive tiered interest on your balance. Higher the balance, higher the rate.
  • Overdraft Privilege eligible

Money Market Account

This account combines a savings account and a checking account, providing a highly competitive rate of interest with limited check writing ability.

  • Minimum balance of $1,000.00 required to avoid $10.00 per statement cycle service charge.
  • Only 6 withdrawals (3 by check) per statement cycle
  • Earn competitive tiered interest on your balance. Higher the balance, higher the rate.

Statement Savings

  • $10.00 minimum deposit to open
  • No monthly service charge
  • Earn competitive tiered interest on the balance

Christmas Club

Save early and often for the holiday season with this custom savings account.

  • $10.00 minimum deposit to open
  • No monthly service charge
  • Competitive interest rates 

Our Certificates of Deposit (CDs) offer a wide range of competitive terms and rates to choose from. Contact Us for current rates. Link to Contact Us page.

  • $1,000.00 minimum deposit to open
  • Maturities range from 3 months to 5 years
  • Competitive interest rates
  • Substantial penalty for early withdrawal

Our Individual Retirement Accounts (IRAs) provide dependable retirement income and tangible financial security for the future.

Have you ever made an honest mistake in your checkbook? Had unusual or unforeseen expenses at the wrong time? Bedford Federal Savings Bank offers a convenient Overdraft Privilege™ Service.

Rather than returning items which overdraw your account unpaid, Bedford Federal Savings Bank will consider payments of overdrafts up to $400.00 on free checking accounts and $700.00 on our regular checking accounts. While NSF (insufficient) fees still do apply, you avoid the high charges from merchants for returned checks. Overdraft Privilege™ is a convenient service for eligible checking accounts. Contact Us to learn more.

Banking convenience almost anywhere you go, 24 hours a day, 365 days a year! 

Use your ATM/Debit Card for cash at ATM locations worldwide and for purchases anywhere Mastercard® is accepted. It looks and functions like a credit card for payment, but the funds are directly debited from your checking account. Conveniently pay for gas at the pump and eliminate the need for writing checks in a checkout line. Simply…

  • Sign up for an ATM/Debit Card when you open a Bedford Bank checking account or ask for one for an existing account.
  • Transfer funds between your Bedford Federal Savings Bank accounts
  • Have access to detailed record of all transactions on your monthly statement
  • No worry about running out of blank checks or carrying excess cash
  • No annual fee

The debit cards we issue are protected by a Fraud Protection Service. Through an important partner of ours, we provide industry leading technology, tools, and the expertise to manage fraud. Experienced fraud analysts work around the clock, watching for any suspicious debit card activity. You will be immediately contacted if potential fraud is detected on your debit card. So, if you ever get a call from “Bedford Federal Fraud Prevention Services,” know they are doing their job to prevent potential fraudulent use of your debit card.

To report fraud on your debit card, please call 1-866-948-3511.
To report your debit card lost or stolen, please call 1-866-948-3511.

Choosing the right credit card is easier than ever. Whether you want to pay down balances faster, maximize cash back, earn rewards, or begin building your credit history, we have the ideal card for you.

No matter which card you choose, you'll enjoy important features like:

  • Convenient and flexible purchasing power at millions of locations worldwide.
  • Mobile purchasing capability for added convenience.
  • Zero Fraud Liability. You won’t be liable for fraudulent purchases when your card is lost or stolen.*
  • Cardmember Service available 24 hours a day/365 days a year.
  • Plus, much more!


*Elan Financial Services provides zero fraud liability for unauthorized transactions. Cardholder must notify Elan Financial Services promptly of any unauthorized use. Certain conditions and limitations may apply.

The creditor and issuer of these cards is Elan Financial Services, pursuant to separate licenses from VISA® U.S.A. Inc., and Mastercard® International Incorporated. Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard® International Incorporated.

We'd love to hear from you!

Contact Us Today!