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Mascoma Bank

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In order to get started, select an account that works for you.

Small Business Checking
A Small Business Checking account is the right fit for many types of businesses. Created for DBAs, LLCs, partnerships, corporations, non-profits, clubs and organizations maintaining lower balances with moderate activity.
  • No minimum balance
  • $100 minimum to open
  • No monthly maintenance fee
  • Fee per check after 50 checks: $0.20
Business Checking
The business checking account is tailored for businesses with a higher volume of account activity. It enables the account balance to accumulate credits each month, which can be utilized to offset fees.
  • Minimum opening deposit: $50
  • Variable earnings credit on all balances to offset fees.
  • Monthly Fees: $6
  • Fee per check: $0.20
  • Fee per deposit: $0.50
  • Fee per transit item deposited: $0.10
Money Market Plus (Business)
This product is for consumers who are looking for an interest-bearing account crafted to blend the advantages of both a savings and checking account. It offers tiered interest rates along with the flexibility of writing checks off the account.
  • Minimum opening deposit: $1,000
  • Minimum balance to earn interest: $1,000
  • Monthly fee: $5
  • Monthly fee waived if any of the following criteria are met: Maintain an Average daily balance of $1,000
Statement Savings (Business)
This basic savings account is designed to keep assets secure, yet liquid, while earning
interest.
  • Minimum opening deposit: $10
  • Minimum Balance to earn interest: $100
  • Monthly fee: $2
  • Monthly fee waived if any of the following criteria are met: Maintain an Average daily balance of $100
Elevate 1 Money Market (Business)
This product is for consumers who are looking for an interest-bearing account crafted to blend the advantages of both a savings and checking account. It offers tiered interest rates higher than the Money Market Plus account, along with the flexibility of writing checks off the account.
  • Minimum opening deposit: $.01
  • Minimum balance to earn interest: $.01
  • No Monthly Fee