Opening a Business Account

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For business accounts, the following documents are needed before opening the account:

Corporations

  • Articles of incorporation – a document that states the primary rules governing the management of a corporation that has been filed with the state or other regulatory agency
  • Federal Employee Identification Number (EIN); If you do not have one, you can apply for one at  www.IRS.GOV
  • Your business status must be listed as “active”, “current” or “in good standing” on the Secretary of State website at www.MAINE.GOV 
  • Identification documents for all Authorized Signers

Sole Proprietorship or DBA’s with SS #

  • Same identification requirements as for an individual account

Sole Proprietorship or DBA’s with EIN #

  • Same identification requirements as for an individual account
  • Federal Employee Identification Number (EIN); If you do not have one, you can apply for one at  www.IRS.GOV
  • Identification documents for all Authorized Signers

Limited Liability Company (LLC)

  • Federal Employee Identification Number (EIN) or if LLC is owned by a single individual, your security number may be used
  • Articles of Organization –  a document that outlines the initial statements required to form an LLC at the State level
  • Your business status must be listed as “active”, “current” or “in good standing” on the Secretary of State website at www.MAINE.GOV 

Partnership Accounts

  • Partnership Agreement
  • Federal Employee Identification Number (EIN); If you do not have one, you can apply for one at  www.IRS.GOV
  • Your business status must be listed as “active”, “current” or “in good standing” on the Secretary of State website at www.MAINE.GOV 
  • Identification documents for all Authorized Signers

Organizations/Associations

  • Federal Employer Identification Number (Federal EIN) of the corporation sponsoring the Club/Organization
  • A recent letter from the sponsoring organization indicating that the club/organization authorized to open the account

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.