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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Business Share Account

Set money aside and put it back into your business.

Variable interest rate
Minimum balance of $25 required

Business Money Market Account

Maximize your business savings. Make money with your savings.

Variable tiered interest rate
Minimum balance of $1,000 needed to earn interest
No monthly service charge

Features

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

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

Tier	Variable Dividend Rate*	Annual Percentage Yield	Minimum Balance to Open/Obtain Annual Percentage Yield
$1,000.00 - $24,999.99	2.62%	2.70%	$1,000.00
$25,000.00 - $49,999.99	2.86%	2.90%	$25,000.00
$50,000.00 - $99,999.99	3.06%	3.10%	$50,000.00
$100,000 and over	3.35%	3.40%	$100,000.00
$250,000 and over	3.64%	3.70%	$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 October 1, 2024

Account Type	Dividend Rate	Annual Percentage Yield	Minimum to Open/Obtain Annual Percentage Yield
Shares	0.25%	0.25%	$25.00

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.

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Savings