Contact Us     Our Rates     Press Center     Fraud & Security     Branches/ATMS
  Home   Business Banking   Personal Banking   You Matter More   About Us
 
 
 

What type of business
are you?

  Maine businesses are diverse, and so are their needs.
 
 
 

Cash Management:

 

Cash Flow Management

   
 
  • Overnight Investment Sweep Account
    Raise your return on available balances and eliminate manual transfers between accounts. Excess checking balances will be automatically swept into an investment vehicle to maximize your earning potential.
  • Dual Sweep
    Link your Operating Account with both your Line of Credit and Investment Sweep Account. Excess funds are automatically applied to whichever vehicle is of greatest benefit in maximizing return. This service is ideal for clients with seasonal cash flows.

    Investment products are not insured by the FDIC, are not deposits or obligations of the Bank, and are not guaranteed by the Bank. Investment products are subject to investment risk, including the possible loss of principal.

  • Government Sweep Services
    Excess Government Checking account balances can be automatically swept into a Government NOW Account to improve your return on cash assets.
  • Government NOW Account
    A higher yielding, interest paying account available only to government and municipal account relationships.

    Fees: $7 monthly service charge, $0.15 for each item paid, $0.10 for each deposit, $0.10 for each on-us check deposited, $0.12 for each not-on-us check deposited.

    Minimum daily balance of $1,000 required to earn the disclosed annual percentage yield. Rates may change at any time without notice. Your interest rate and annual percentage yield may change.  Interest begins to accrue on the business day you deposit non-cash items. Interest is compounded daily and credited monthly.

  • Government Checking
    Economical, state-of-the-art checking with local, community bank service. Features include unlimited check writing and deposit activity with available online banking services.

    Fees: $7 monthly service charge, $0.15 for each item paid, $0.10 for each deposit, $0.10 for each on-us check deposited, $0.12 for each not-on-us check deposited.

  • Cash Management Money Market Account
    Open with a $250,000 minimum; interest is compounded daily with a minimum daily balance of $5,000. 
  • Line of Credit Sweep Account
    It's easy to minimize interest expense and increase operating efficiency. Excess checking balances are automatically applied to a commercial operating line of credit to reduce outstanding debt. Advances against a line are made automatically when a shortfall occurs in the operating account.
  • Zero Balance Accounts
    Link your company's master account to subsidiary accounts that hold zero or threshold balances. Individual deposit and disbursement accounts are maintained to facilitate account reconciliation. Funds from the accounts are consolidated nightly to maximize investment opportunities.
 

Online Banking

  Access your accounts from here.
  Access my...
  Learn about online banking for:
  Personal »     Business »
 
 

Open a new account.

  Can't make it to a branch?
Open a Bangor Savings Bank account online.
  Personal »     Business »
 
 

Tools for you.

  We have the tools to help you plan
for your financial future, budget for
a new addition and many more!
  QuickSwitch Kit
Branch/ATM Locator
Insurance Quotes
Calculators
Rates
Reorder Checks
 
 

Customer Care Center

  Questions? We’re trying to make it easier to find the answers. See if any of these guides can help.