
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.
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
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 or in a Branch?
- Valid driver's license or state-issued ID
- Business Tax ID
- Social Security number
- Email address
- Mobile phone number
- Required Documentation for LLCs and Corporations (Excludes Sole Proprietorships):
- Certificate of Good Standing filed with Maine or New Hampshire OR
- Articles of Incorporation

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.

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.

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.