Checking with earnings potential
Our Municipal Checking Account is for municipalities with large transaction volumes and for those who maintain higher deposit balances. With interest paid monthly and no minimum balance requirements, this account offers earnings potential.
Benefits:
- $50.00 minimum to open
- Interest paid in tiers
- Free online, mobile, text and telephone banking
- Free bill pay
- Monthly service charge of $6.00 per month and $.12 per transaction item processed*
- Free Mastercard® debit card
- Free ATM transactions at all Skowhegan Savings locations
- Monthly statements
Additional business account benefits:
Sweep Account - a fully automated cash management solution that earns maximum interest
Multiple Users - offers the ability to establish multiple IDs with customizable permissions
ACH Processing - allows you to electronically process receivables and payables
Remote Deposit - deposit checks from anywhere
Outgoing Bank Wire - provides a secure method of transferring funds
Merchant Services - credit card processing and gift cards
Payroll Services - payroll, direct deposit, withholding and auto tax pay
See Personal Banker for full product disclosure.
*Transaction items include, but are not limited to, all items posted to accounts such as checks written, checks deposited, automatic deposits and withdrawals.
