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Business Savings Accounts

Get your hard-earned money back to business. Our savings account options save you more money with higher rates and no fees.

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Features

Business Share Business Money Market
Interest Rate
VariableVariable Tiered
Interest Earned
YesYes
Monthly Service Charge
$0$0
Minimum balance to earn interest
$25$1,000


Business Money Market Share Accounts Dividend Rates Effective January 1, 2024

TierVariable Dividend Rate*Annual
Percentage
Yield
Minimum Balance
to Open/Obtain
Annual Percentage
Yield
$1,000.00 - $24,999.992.96%3.00%$1,000.00
$25,000.00 - $49,999.993.20%3.25%$25,000.00
$50,000.00 - $99,999.993.34%3.40%$50,000.00
$100,000 and over3.68%3.75%$100,000.00
$250,000 and over3.83%3.90%$250,000.00
Rates are subject to change without notice once the account has been opened. Fees may reduce earnings. Stated minimum opening balance is required to obtain Annual Percentage Yield on all deposit accounts.

Business Share Accounts Dividend Rates Effective December 1, 2022

Account TypeDividend RateAnnual
Percentage
Yield
Minimum to Open/Obtain
Annual Percentage
Yield
Shares 0.25%0.25%$25.00
Rates are subject to change without notice once the account has been opened. Fees may reduce earnings. Stated minimum opening balance is required to obtain Annual Percentage Yield on all deposit accounts.

It’s simple to start or to switch

Easy to qualify

Live, work, worship, or attend school Androscoggin, Cumberland, Franklin, Kennebec, Knox, Lincoln, Oxford, Sagadahoc, Somerset, or York county.

Easy to switch

Direct deposits and auto payments transfer right over.

Easy to get what you need

Accounts, credit cards, loans for every day and life stage.