Cash Management

Simplify your day-to-day business operations with online point of sale systems, payroll services, and more.

  • Streamline daily bookkeeping
  • Expedite customer transactions
  • Recruit, onboard and manage faster

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