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Fraud Alert! There are reports of fraudsters pretending to be from Machias Savings Bank Fraud Department calling and texting customers to verify phony transactions in an attempt to gain access to banking information. They are also requesting OLB usernames and passwords, which the Bank would never do. If you think you gave your information to a fraudster, please contact us at 866-416-9302.

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Template | Impact of Discounting

Learn About the Impact of Discounting

It’s easy for small businesses to fall into the trap of offering big discounts like their larger competitors, but they often do not realize the impact on the profitability of their business. This template provides a ready reference chart as well as a quick calculation that shows the extra sales the business must make to make the same profit if they were to offer a discount.

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For informational purposes only. There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor.

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Fraud Alert! There are reports of fraudsters pretending to be from Machias Savings Bank Fraud Department calling and texting customers to verify phony transactions in an attempt to gain access to banking information. They are also requesting OLB usernames and passwords, which the Bank would never do. If you think you gave your information to a fraudster, please contact us at 866-416-9302.

Contact Us