HD 2498 Massachusetts House · 194th Legislature (2025-2026)

An Act relative to inactive bank account fees

This bill (HD 2498) amends Massachusetts banking law to regulate fees charged for inactive bank accounts. It requires banks to explicitly disclose "a fee for inactive accounts" to customers, adding this as a new fee type alongside existing charges. The policy directly affects bank customers who maintain dormant accounts, as it mandates clear communication about this specific fee. The change is a straightforward disclosure requirement, not a fee cap or elimination.
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Photo of Todd Smola
Todd Smola
RRepublican
MA
1st Hampden