
Pictured from left to right: MVSB’s Mel Clark, Branch Services Supervisor, Jim Carrigan, Regional Vice President, MSNE’s Diane Bessey, Executive Director, Kathy Perry, Horticultural Therapist and MVSB’s Jolene Whitehead, Branch & Business Development Manager
At MVSB, we offer a range of products and services to help you manage the financial aspects of your business more effectively. Options are feature-rich without being overly complicated. Complimentary convenience features include:
- Online banking, bill pay, telephone banking, eStatements, combined statements and night deposit at no additional cost.
- Mobile banking and mobile deposits are also available to eligible customers. Cash Management customers are not currently eligible.
- Business Debit Cards with fraud monitoring, cardholder controls and mobile wallet.
- Mutual Benefits Business Partner Program preferred level benefits. Click here to learn more.
Premier Business Checking
Designed for business that may incur additional service charges related to enhanced business banking solutions. This account receives an earnings credit* to offset the monthly service charge and service fees.
- $10 minimum deposit to open.
- $10 monthly service charge.
- *Earnings credit rate may change each statement cycle. If earnings credit exceeds the charges, there will be no service charges. Excess earnings credit per statement cycle cannot be applied to the account to offset future fees.
Non-Profit Checking
Exclusively available to non-profit corporations, organizations, associations, clubs or municipalities.
- $10 minimum deposit to open.
- Earns interest on balances of $500 and greater.
- No monthly service charge.
Everyday Business Checking
A simple business checking account option designed for all business types.
- $10 minimum deposit to open.
- No monthly service charge.
IOLTA
Exclusively for lawyers and law firms. All interest earned is sent automatically to the New Hampshire Bar Foundation.
- $10 minimum deposit to open.
- Earns interest on balances of $1,000 and greater.
Premier Business Money Market
Available to MVSB business checking accountholders only. This account is ideal for businesses who will maintain a balance over $25,000 and allows you to earn interest while providing the flexibility of writing checks and completing electronic transactions.
- $25,000 minimum deposit to open.
- Earns interest on balances of $25,000 and greater.
- Monthly service charge of $10 waived with $25,000 average collected balance.
Everyday Business Money Market
Allows businesses the opportunity to earn interest while providing the flexibility of writing checks and completing electronic transactions.
- $500 minimum deposit to open.
- Earns interest on balances of $2,500 and greater.
- No monthly service charge.
Everyday Business Savings
A simple statement savings account designed for all business types.
- $10 minimum deposit to open.
- Earns interest on balances of $100 and greater.
- No monthly service charge.
Sweep Accounts conveniently help you achieve higher earnings on the funds you don’t use on a daily basis. With a Sweep Account, you can automatically maximize your earnings on excess account balances, so you don’t have to spend time shuffling funds.
Business CDs offer the security of guaranteed returns and are offered in a multitude of time frames to suit your specific needs.
The Bank Secrecy Act requires financial institutions to collect identifying information for the following individuals EACH time an account is opened for certain business customers:
- Each individual that has 25 percent or more of the equity interest in the business; and
- One individual that has the authority to exercise control of the legal entity, such as a CEO, executive officer or treasurer.
If you are opening an account on behalf of a business, you may be required to provide the appropriate documentation and to certify that this information is true and accurate to the best of your knowledge. Click here for more information or for a copy of our Beneficial Owner Certification Form.