Commercial Exceptional Business Savings | Machias Savings Bank

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Exceptional Business Savings

Start Saving Towards Your Business Goals

The flexibility you need to reach your short- and long-term savings goals.

Exceptional Business Savings

What Can the Bank of “YES!” Do for Your Business?

We offer the following account features to help you get the most out of our interest-bearing business savings account:

  • Unlimited in-person transactions
  • No monthly service fees
  • $500 minimum opening
  • No minimum balance requirements
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More Details About Exceptional Business Savings

When you open a commercial business saving account with us, you will gain access to features such as:

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Visa® Debit Card

Pay bills or daily expenses without needing cash or checks with our Visa® debit card.

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Mobile Deposits

With mobile deposit, you can snap a picture of your check and deposit it to your chosen account for a convenient way to bank.

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Online and Mobile Banking

Enjoy convenient features like paying bills and accessing account information without needing to visit a branch thanks to MSB Online.

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MSB Online Mobile App

Manage your accounts at your convenience

Frequently Asked Questions

The following are frequent questions about our Exceptional Savings account with a low opening balance. Please contact our team if you want to learn more.

What Do I Need When Applying for an Exceptional Savings Account Online?
To open an Exceptional Savings account, you must be a United States citizen of at least 18 years old and a resident of Maine or an existing customer. You must also be a signer or beneficial owner. To qualify as a beneficial owner, you must directly or indirectly own at least 25% of the legal entity's equity interest through contract, arrangement or other circumstances. You will need to supply the following documentation as well:
  • Valid driver's license or state-issued ID
  • Business Tax ID
  • Social Security number
  • Email address
  • Mobile phone number
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Experienced With Interest

Our Experienced With Interest account is a flexible interest-bearing account that enables you to do more with your funds.

Learn More Learn more about experienced with interest
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Essential Business Fund

Free up your cash flow to improve daily operations and cover basic needs with our Essential Business Fund account offering.

Learn More Learn more about essential business funds
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Exceptional Checking

Whether you’re starting up a new business or focusing on growth, this non-interest-bearing account offers you all the banking essentials.

Learn More Learn more about exceptional business checking
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