Business Savings Accounts
Tiered savings to help grow your business with every deposit. Health Savings Accounts for you and your employees.
Business Basic Checking
With no minimum monthly balance and 150 free debits/credits per cycle, our not-so-basic Business Checking Account suits a range of business and non-profit needs.
- Free Online Banking / Bill Pay
- Free eStatements
- Free Telebanking
- Payment processing services via TRI1
- Business Debit Mastercard®
- Free Mobile Wallet
- Free Business Mobile Banking
- Free Merchant Deposit 24/7 Mobile Deposits
- Eligibility: Any business or non-profit
- Transaction limits/fees: 150 debits and/or credits per cycle free, then $0.50 per debit or credit
- Minimum balance: None
1No charge by Bank. Additional vendor charges apply.
Business Balance 25k
The small Business Checking Account for your growing needs.
- Free Online Banking / Bill Pay
- Free eStatements
- Free Telebanking
- Payment processing services via TRI1
- Business Debit Mastercard®
- Free Mobile Wallet
- Free Business Mobile Banking
- Merchant Deposit 24/7 Mobile Deposits
- Online Cash Management Services
- Eligibility: Any business or non-profit
- Transaction limits/fees: None
- Average monthly balance required: $25,000 or $10 monthly maintenance fee
- Interest paid: $25,000 minimum balance to earn interest
1No charge by Bank. Additional vendor charges apply.
Business Balance 250k
The Checking Account for local midsize to large businesses.
- Free Online Business Banking / Bill Pay
- Free eStatements
- Free Telebanking
- Payment processing services via TRI1
- Business Debit Mastercard®
- Free Mobile Wallet
- Free Business Mobile Banking
- Merchant Deposit 24/7 mobile deposits
- Online Cash Management Services
- Eligibility: Any business or non-profit
- Transaction limits/fees: None
- Average monthly balance required: $250,000 or $25 monthly maintenance fee
- Interest paid: $250,000 minimum balance to earn interest
1No charge by Bank. Additional vendor charges apply.
Mainely Non-Profit Checking
The Business Checking Account for our neighboring nonprofits.
- Online Business Banking / Bill Pay
- eStatements
- Telebanking
- Payment processing services via TRI1
- Business Debit Mastercard®
- Mobile Wallet
- Business Mobile Banking
- Merchant Deposit 24/7 mobile deposits
- Eligibility: Non-profit organizations
- Transaction limits/fees: None
- Average monthly balance required: 150 debits and/or credits per cycle free, then $0.50 per debit or credit
- Average monthly balance required: $1,000 or $5 monthly maintenance fee
- Interest paid: $1,000 minimum balance to earn interest
1No charge by Bank. Additional vendor charges apply.
Specialty Checking Accounts
Our Business Checking Accounts for the common good.
Business IOLTA Checking Account (Interest on Lawyer's Trust Account)
Our Business Checking Account for lawyers serves as an interest-bearing trust account for clients’ funds. Interest earned goes to the Maine Bar Foundation, which dedicates the funds to support civil legal aid for low-income and disadvantaged people, law-related education and administration of justice projects.
Business RAHF Checking Account (REALTORS Affordable Housing Fund)
The Business Checking Account that builds on the unique partnership between local banks and local realtors. Interest earned through earnest money deposits from realtors goes to the Maine Association of Realtors, which distributes the funds in the form of grants to successful applicants.
Compare Accounts
| Business Basic Checking | Business Balance 25k | Business Balance 250k | Mainely Non-Profit Checking | |
|---|---|---|---|---|
| The right fit if you want a… | Basic business checking account | Small business checking account | Business checking account for bigger balances | Business checking account for nonprofits |
| Monthly Balance Requirement |  | $25,000 or $10 monthly maintenance fee | $250,000 or $25 monthly maintenance fee | $1,000 or $5 monthly maintenance fee |
| Pays Interest | |  2 | 2 | 2 |
| Transaction Limits/Fees | 150 debits and/or credits per cycle free, then $0.50 per debit or credit | | | 150 debits and/or credits per cycle free, then $0.50 per debit or credit |
| Free Debit Card | | | | |
| Free Online Bill Pay and Business Online Banking | | | | |
| Free Mobile Banking and Check Deposit | | | | |
| Free eStatements | | | | |
| Free Payment Processing Services1 | | | | |
| Online Cash Management Services | n/a | | | n/a |
1No charge by Bank. Additional vendor charges apply.
2 Minimum balance required to earn interest.
Meet your SBSI Business banking team
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Online Bill Pay
Got enough to keep track of without worrying about due dates for monthly bills? Get free Online Bill Pay.
Explore Checking