Honor Checking & Veteran Banking Services

BayCoast Bank is dedicated to serving and supporting the diverse needs of our community.

 At BayCoast Bank, we take pride in our commitment to inclusivity, and this extends to our unwavering support for veterans and military communities. Recognizing the unique financial challenges faced by those who have served, we have tailored our financial solutions and services to provide comprehensive support. From VA lending programs to personalized financial guidance, we aim to empower veterans and military families on their financial journeys. At BayCoast Bank, we believe in honoring the dedication and sacrifices of our veterans by offering them the respect, understanding, and financial tools they deserve.

Honor Checking

Designed for active and retired armed services personnel and veterans, one direct deposit per statement cycle waives monthly maintenance service charges. Earn interest if average daily balance exceeds $500.00 per statement cycle.

More details:

  • $10 opening balance
  • Free yearly order of blue custom creations checks
  • Zero non-BayCoast Bank ATM* service fees
  • Refunds on fees from non-BayCoast ATMs up to $25 per statement cycle
  • One free no-fee Statement Savings account

*ATM owner may charge a separate fee.

VA Loans through BayCoast Mortgage

  • No down payment and 100% purchase financing
  • 100% LTV cash out refianance
  • No private mortgage
  • Flexible debt to income requirements
  • Low fixed rates and adjustable rates
  • Lock in your rate for 90 days if rates rise, you’re protected

BayCoast Mortgage Company – Equal Housing Opportunity.  NMLS # 1082048.  New Jersey—BayCoast Mortgage Company, LLC, 330 Swansea Mall Drive, Swansea, MA 02777, 877-466-2678, Licensed Mortgage Banker- NJ Banking and Insurance Department.  New Hampshire—Licensed by the New Hampshire Banking Department #19631-MB.  Rhode Island—Rhode Island Licensed Lender.  Virginia—BayCoast Mortgage Company, LLC, NMLS #1082048 (http://www.nmlsconsumeraccess.org/).  Exempt from licensing in MA, CT, PA, MD, NC, SC, and FL.  All loans are subject to credit approval

Financial Literacy Support for Veterans

Understanding key concepts such as budgeting, saving, investing, and managing debt can help veterans navigate the complexities of civilian life and secure their financial well-being. BayCoast Bank wants to equip veterans and active service members with the knowledge and skills necessary to achieve financial stability, pursue their goals, and build a successful future for themselves and their families.

Additional Benefits

Learn about various educational assistance programs, such as the Post 9/11 GI Bill and the Montgomery GI Bill, which offer financial support for training, education, and vocational programs

Proud Partners with the Veterans Benefits Banking Program (VBBP)

The Veterans Benefits Banking Program (VBBP) was initiated in 2019 in response to the VA’s interest in improving banking access for unbanked and underbanked veterans. This program, developed by the VA and AMBA, offers veterans, beneficiaries, and caregivers the choice to receive their benefits through direct deposit into existing or new bank accounts, encouraging financial empowerment and fostering a more secure financial future.


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