Business Spending

Manage all your business banking in one convenient local place.

  • Low (or no) monthly service charges
  • Free Online & Mobile Banking
  • Free Mobile Check Deposit

What you need to open an account


To open a business checking account, simply provide the documents required for your type of business.
  • Articles of incorporation, a document that states the primary rules governing the management of a corporation that has been filed with the state or other regulatory agency
  • Federal Employee Identification Number (EIN)
  • If you don’t have an EIN, you can apply for one at www.IRS.GOV
  • Business status listed as “active”, “current” or “in good standing” on the Secretary of State website at www.MAINE.GOV
  • Identification documents for all Authorized Signers

Same identification requirements as for an individual account

  • Same identification requirements as for an individual account
  • Federal Employee Identification Number (EIN)
  • If you don’t have an EIN, you can apply for one at www.IRS.GOV
  • Identification documents for all Authorized Signers
  • Federal Employee Identification Number (EIN) or Social Security Number
    if LLC is owned by a single individual
  • Articles of Organization, a document that outlines the initial statements required to form an LLC at the state level
  • Business status listed as “active”, “current” or “in good standing” on the Secretary of State website at www.MAINE.GOV
  • Partnership Agreement
  • Federal Employee Identification Number (EIN) or Social Security Number if LLC is owned by a single individual
  • Business status listed as “active”, “current” or “in good standing” on the Secretary of State website at www.MAINE.GOV
  • Identification documents for all Authorized Signers
  • Federal Employer Identification Number (Federal EIN) of the corporation sponsoring the club/organization
  • Recent letter from the sponsoring organization confirming that the club/organization is authorized to open the account

Disclosures

*Items include checks written and deposited, ACH debits and credits.