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BUSINESS SAVINGS ACCOUNTS & CDS

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Business Savings

Planning for change, committing to growth, preparing for the unexpected. That’s what running a business is all about. Make sure your reserves are working just as hard as you do each day with a business savings account from Androscoggin Bank— Maine’s business banking leader.

To see today’s rates, click here.

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Business Money Market

When you know you have total access to funds, it’s easier to commit to investing business dollars. Elevate your savings without tying up assets.

  • Tiered rates – the higher your balance the more interest you can earn
  • Opening deposit of $25 is required
  • Minimum daily balance of $5,000 must be maintained to avoid a $10.00 monthly service charge
  • You may make up to six (6) electronic withdrawals or checks per calendar month
  • Free Online & Mobile Banking
  • FDIC insured

Business Savings

Whether you need a reliable place to deposit reserves or want to incorporate a simple saving strategy, our basic savings option will be up for the job.

  • Tiered rates – the higher your balance the more interest you can earn
  • Opening deposit of $25 is required
  • Minimum daily balance of $100 must be maintained to avoid a $3.00 monthly service charge
  • You may make up to six (6) electronic withdrawals per calendar month
  • Free Online & Mobile Banking
  • FDIC insured

Certificates of Deposit

When liquidity isn’t a priority and your business needs to put cash reserves to work, CDs give funds plenty of room to grow in a low risk environment.

  • Competitive rates
  • Term options range from 6 to 60 months
  • FDIC insured

Let’s make your money journey easy

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