Small Business Exceptional Business Savings | Machias Savings Bank
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Exceptional Business Savings

Helping Your Small Business Prepare for the Future Starts with Establishing a Savings Account.

With an Exceptional Business Savings account from Machias Savings Bank, you can plan for the unexpected or save to expand your business.

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Exceptional Business Savings

Saving Money is the Foundation of Any Successful Financial Plan.

Our Exceptional Business Savings account is a great place to let your money grow. The top features of this savings account include:

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

Giving your business an edge starts when you open a savings account with us. Some of the unique benefits of our savings account include:

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Visa® Debit Card

Our Visa® debit cards are only for ATMs. This card links directly to your savings account and is a convenient way to access your money on the go.

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Mobile Deposits

Need to deposit a check on the go? Our mobile app lets you easily make deposits from anywhere.

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Online and Mobile Banking

MSB Online gives you access to many of the same services available at your local branch. Download our app or access your savings account via desktop.

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MSB Online

Manage Your Business On The Go

Our MSB Online Mobile App offers a convenient way to manage your money.

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

Enjoy an account that fits your business needs and pays you interest. This interest-bearing account gives you the tools to focus on growth.

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Essential Business Fund

Our Essential Business Fund account is a tiered interest-bearing savings account that gives you the option of not tying up your money for an extended period of time.

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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.

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