Business Checking
Low minimums. Free Mobile Banking. Special features for non-profits. Enjoy perks like these and more.
Mainely Preferred Business Savings
Earn more with it as your balance grows in this tiered interest account. Saco & Biddeford Savings offers a tiered account for every need, from small business to large enterprises.
- Tiered interest rates
- ATM/Debit access with a Checking Account as the primary account
- Free direct deposit and automatic withdrawals
- Free Online Bill Pay and Business Online Banking
- Free Mobile Banking and Mobile Check Deposit
- Free eStatements
- Free Telebanker
- No maintenance fee
- $0 - $24,999.99
- $25,000 - $49,999.99
- $50,000 - $99,999.99
- $100,000 - $249,999.99
- $250,000 - $499,999.99
- $500,000 - $749,999.99
- $750,000 +
1No charge by Bank. Additional vendor charges apply.
HSA Accounts
Growing your business takes hard work and a dedicated team, and we understand the need to balance rising health care costs. Our Health Savings Account is an affordable approach to health care for many employers and their employees.
- Multiple tax benefits
- Covers a wide range of qualified medical expenses
- Reduces out-of-pocket high-deductible health plan costs
- Earns interest with zero tax burden
- Flexibility to pay current medical expenses or save for future needs
- Tax-deductible contributions, FDIC-insured
- Tax-deferred earnings
- Tax-free distributions, if qualified
- Lifetime account with no spending deadlines
- Great recruitment and retention tool
- No maintenance fee
NOTE: We strongly recommend seeking the counsel of an attorney and/or other qualified tax advisor on the specific legal and tax consequences of any health savings plan for your particular needs.
Compare Accounts
| Mainely Preferred Business Savings | Health Savings Account | |
|---|---|---|
| The right fit if you want… | A higher rate and dividends for higher balances | A smart way to manage rising health care costs |
| Minimum Balance Requirement | None | None |
| Monthly Service Charges | None | None |
| Free ATM Withdrawals1 |  | |
| Free Online Business Banking | | |
| Free Mobile Banking and Mobile Check Deposit | | |
| Free eStatements | | |
| Other Benefits | Tiered interest rates, monthly dividends | Lifetime account with no spending deadlines |
1No charge by Bank. Additional vendor charges apply.
Calculators
Meet your SBSI Business Banking Team
Find more of what you’re looking for.
Online Bill Pay
Got enough to keep track of without worrying about due dates for monthly bills? Get free Online Bill Pay.
Explore Savings