Make Payments Easily¹
Send payments to employees, partners, and vendors with one click.
Send Wire Transfers²
Send domestic wires online quickly and securely with up to 10 domestic transfers included each month.
Deposit Checks from Your Phone³
Skip the trip. Deposit checks anytime from your phone.
Account Protection⁴
Monitor account activity and protect your business from fraud. Fraudsters are smart; we help you be smarter.
Made for Maine, made local.
Real local support from a Maine-based team that knows small businesses. Work with Mainers who get it and know how to help. Business Foundations gives you the essentials, done right, backed by people you can actually talk to.
Built to grow with you.
Start with Business Foundations today. When you’re ready, add Merchant Services, a Business Credit Card, Autobooks, or a Business Loan. The account grows as your business does
Included in the Business Foundations Bundle
Business Debit Card
24/7 access nationwide, with the added functionality to set card alerts and controls
Mobile Check Deposit
Up to $10k per day³
Business Checking
Maintain a $1,000 balance to avoid $5 monthly service charge⁵
Domestic Wires
Up to 10 wires per month; up to a total of $10K per month²
Business Bill Pay
Pay vendors and bills online, no per item fee, no limit.⁶
Electronic Payments
Up to $10k outgoing per day or month¹
Online & Mobile Banking
24/7 online access alerts/controls
Fraud Protection Tools
Monitor account activity and protect your business from fraud⁴
Frequently Asked Questions
You’ll need a valid government-issued ID, your Employer Identification Number (EIN) or Social Security Number for sole proprietors, and your business formation documents if applicable. You can get started online or visit any Androscoggin Bank branch.
Business Foundations has no monthly fee when you open a business checking account⁵ and maintain a $1,000 minimum balance. If your balance drops below that, you’ll be charged a $5 monthly service fee. No hidden fees, no surprises.
Online and mobile banking give you 24/7 access to check balances, transfer funds, deposit checks, and manage your account from your phone. Mobile check deposit is included, up to $10,000 per day³.
Yes. Business Foundations is designed to grow with you. When you’re ready, you can add Merchant Services to accept card payments, a Business Credit Card, Autobooks for invoicing and bookkeeping, or a Business Loan for financing.
¹ ACH Debit and Credit Origination is limited to non-file upload transactions and requires pre-funding. Clients may originate up to $10,000 in total outgoing ACH credits per month, with a maximum of 100 transactions per month.
² Clients may send up to 10 domestic wires per month, with a combined monthly limit of $10,000. To qualify for free wires, transactions must be completed online; wires processed in person will incur a $25 fee per transaction.
³ Up to $10,000 per day.
⁴ Monitor account activity and protect your business from fraud.
⁵ $5 fee can be waived by maintaining a $1,000 balance.
⁶ No per item fee or limit
Let’s make your money journey easy
Business
Checking
Personal
Checking
Credit Cards
Mortages
