Maine banks are an excellent resource for business providers in the area. Review your business goals and the necessary capital to obtain equipment, update computers or office furniture. Choose Maine banks that hold a business approach that reflects the direction you want your business to grow. Maine banks offer lines of credit, reduced fees for business checking accounts, free online services and mobile banking to help you manage your personal funds and business commitments. In fact, Maine retail banks offer you the best of both worlds.

As begin your search for retail banks in Maine look for a variety of savings plans. At banks in Maine, CD rates offer a shelter for your hard-earned money. If you need access to personal, business, corporate and non-profit accounts, you’re sure to find it with local banks. Maine has banks that offer competitive bank interest rates designed for your business or lifestyle.

Compare banks in Maine by checking the following:

1. Make sure the locations of retail banks in Maine are within a reasonable distance from your home or business.

2. Review and open multiple account services online with independent banks in Maine.

3. Consider foreign exchange banks in Maine that include options for growing your business internationally.

Action Steps
The best contacts and resources to help you get it done

Get convenience with community based bank locations in Maine

When looking for bank locations in Maine cities such as Augusta and Portland, choose banks that have deep roots in the community and understand the needs of local businesses. Many financial institutions operating banks in Maine have a hometown customer base and a variety of community-based services.

I recommend: Maine Bank and Trust offers locations throughout Southern Maine and provides banking products to help you keep up with the competition. Kennebec Savings Bank has served Maine since 1870. It has a branch in the capital city, Augusta, and several other locations in Maine.

Save time by completing forms online with retail banks in Maine

Independent banks in Maine allow you to make direct contact with bank management online for answers and advice. Most banks offer online account access, enrollment forms and personalized business services.

I recommend: Bank online with Gorham Savings Bank or enroll in a business checking or money market account. Consider Franklin Savings Bank for online bill paying and financial calculators.

Choose banks in Maine capable of handling international transactions

Expand your business globally with local banks. Maine offers options for businesses looking to broaden their market. Nationwide banks can serve your business in any state and offer online and remote bank services. There are foreign exchange banks in Maine that can handle international currency and payments.

I recommend: Contact Capital One for nationwide online banking, international collections and foreign exchange. International financing options from Bangor Savings Bank include lines of credit for the global business owner.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  The Small Business Administration can provide links to banks that are SBA lenders. Look for Maine banks participating in Certified and Preferred Lender Programs to get through the lending process faster