Helping businesses thrive for 150 years.
There has never been a more important time for Mainers to help each other move forward than right now. Especially when it comes to helping businesses that are the backbone of our economy. That’s been the goal of Machias Savings Bank since 1869, and it’s still our goal today.
Helping businesses thrive for 150 years.
There has never been a more important time for Mainers to help each other move forward than right now. Especially when it comes to helping businesses that are the backbone of our economy. That’s been the goal of Machias Savings Bank since 1869, and it’s still our goal today.
Helping businesses thrive for 150 years.
There has never been a more important time for Mainers to help each other move forward than right now. Especially when it comes to helping businesses that are the backbone of our economy. That’s been the goal of Machias Savings Bank since 1869, and it’s still our goal today.
We’re here for you.
cash management
Our team of advisors have over 20 years of combined experience working with Maine businesses. They will customize our banking products and services to meet and exceed the needs of your business or government organization.
loans and lines of credit
Our business bankers see the potential in new ideas and bold ventures and know affordable business loans* or a line of credit are some of the best ways to build them. We believe that small business loans* are investments in moving Maine forward, and that is our number one goal!
checking and savings
We believe your business checking and savings solutions should be as unique as your business. We’re ready to help you in any way that we can – whether it be convenience, better interest rates, or one-on-one relationship banking with a financial services professional. We’re here for you.
Your MACHIAS Business Banking Team Restructured
Our new structure will better line us up to deliver our vision of building relationships that move Maine forward. In the process, we won’t lose the community connection that’s been such a huge part of our culture as a bank since the beginning.
The Machias Mile
Moving Maine forward means going above and beyond. It means making an effort to go beyond the transaction and to enter into a relationship with our customers. It’s about having a spirit of generosity and acting on the warm-hearted impulses we all have to make a difference in the lives of others. That’s the Machias Mile.
Yankee Ford and NewHeight Group (real estate developers) are just two Machias Savings Bank customers who discovered the power of the Machias Mile every step of their journey. Check out their stories and see how these two very exceptional partnerships came together to Move Maine Forward.
Moving Maine forward means going above and beyond. It means making an effort to go beyond the transaction and to enter into a relationship with our customers. It’s about having a spirit of generosity and acting on the warm-hearted impulses we all have to make a difference in the lives of others. That’s the Machias Mile.
Yankee Ford and NewHeight Group (real estate developers) are just two Machias Savings Bank customers who discovered the power of the Machias Mile every step of their journey. Check out their stories and see how these two very exceptional partnerships came together to Move Maine Forward.
Moving Maine forward means going above and beyond. It means making an effort to go beyond the transaction and to enter into a relationship with our customers. It’s about having a spirit of generosity and acting on the warm-hearted impulses we all have to make a difference in the lives of others. That’s the Machias Mile.
Yankee Ford and NewHeight Group (real estate developers) are just two Machias Savings Bank customers who discovered the power of the Machias Mile every step of their journey. Check out their stories and see how these two very exceptional partnerships came together to Move Maine Forward.
New Height Verdante
South Portland, Maine
When they were looking for community lenders to assist in a new, large project, New Height Verdante reached out to Machias and shared their vision with Senior Vice President of Business Banking, Francine Cram. From there, a great relationship was formed. Today, Machias and New Height Group share the same vision: building communities, building neighborhoods, one story at a time.
Yankee Ford
South Portland, Maine
In 2016, Yankee Ford was looking for more than a bank. They were looking for a partner to help them build their business. They wanted a relationship. Five years later, Machias and Yankee Ford continue to build that relationship as Yankee Ford continues to thrive.
Yankee Ford
South Portland, Maine
In 2016, Yankee Ford was looking for more than a bank. They were looking for a partner to help them build their business. They wanted a relationship. Five years later, Machias and Yankee Ford continue to build that relationship as Yankee Ford continues to thrive.
Helping Our Community
At Machias Bank, community is about coming together to empower others to reach their full potential. We take pride in coming alongside our business clients to help them meet their everyday banking needs and long-term goals.

Maine Biz Magazine
Small Business COVID-19 Incentive Program Facilitates Inn Transactions
Of her usual list of a half-dozen or so hospitality lenders, “Machias Savings Bank was the only one at the time who wanted to make it work,”…[Dana Moos] said.
Business Blog
Business Loans at Machias Savings Bank
Business Loans at Machias Savings Bank Maine small business loans? That’s our bread and buttah.You love what you do. We do, too. For over 150 years, we have helped Maine business owners turn personal passions into professional successes with Maine business loans—and...
Business Banking for Maine Start-Ups: Do You Really Want a Banker on the Starting Team?
Business Banking for Maine Start-Ups...Do You Really Want a Banker on the Starting Team? Starting a Maine business? Thinking about starting a Maine business? Team up with the bank that has been starting Maine businesses for over 150 years. Every successful Maine...
There Are New Reasons to Take a Fresh Look at Your Business Fraud Solutions
There Are New Reasons to Take a Fresh Look at Your Business Fraud Solutions There’s never been a better time to have us review your business banking fraud prevention program because frankly, there’s never been more ways to get scammed.In the tumultuous first two...
Moving Maine Forward
One person. One business. One community at a time.
“At all times, but especially during difficult times, it is so important to have strong relationships in business. Machias really stepped up and proved to be one such relationship over the past few months. Their service, compassion, and sense of community made a huge difference when it mattered most. Machias is precisely the partner Coastal Builders needed during this challenging time.”
Coastal Builders
Trenton, Maine
Fast Forward Maine Podcasts
What Owners Need to Know About Mergers and Acquisitions – George Raftopoulos
Are you looking to grow your company? Or maybe you’re looking for an exit strategy? In either case, the answer might be in an M&A: a merger and acquisition.
What Owners Need to Know About Maine’s Economic Growth – Yellow Breen
How does Maine stack up against other states for our economy? There are plenty of factors to look at, and the Maine Development Foundation is measuring all of them!
What Owners Need to Know About Networking During Covid – Debra Boggs
Due to social distancing, facemasks, and work from home orders, networking events ground to a halt in 2020. Sure, there are virtual networking events, but can you really make meaningful connections in 2D?
What Owners Need to Know About Mergers and Acquisitions – George Raftopoulos
Are you looking to grow your company? Or maybe you’re looking for an exit strategy? In either case, the answer might be in an M&A: a merger and acquisition.
What Owners Need to Know About Maine’s Economic Growth – Yellow Breen
How does Maine stack up against other states for our economy? There are plenty of factors to look at, and the Maine Development Foundation is measuring all of them!
What Owners Need to Know About Networking During Covid – Debra Boggs
Due to social distancing, facemasks, and work from home orders, networking events ground to a halt in 2020. Sure, there are virtual networking events, but can you really make meaningful connections in 2D?
What Owners Need to Know About an LGBTQ Friendly Workforce – Ed Patterson
Diversity, Equity, & Inclusion, has become a goal for many businesses, but what does it exactly mean? Are there real and tangible benefits of DE&I, or becoming an LGBTQ-friendly workforce? We sit down with Ed Patterson, Head of Global…
Business Resilience Grant
We Committed $100,000 to Building Resilience in Maine Businesses.
Through the ups and downs, we’re committed to small business as the backbone of Maine’s economy and its local communities. That’s why we invested $100,000 in like-minded nonprofits willing to step up and help Maine entrepreneurs pivot their businesses through technical assistance, business planning, and funding during the pandemic. With investment and support, these nonprofits helped keep Maine’s business community thriving.
Award recipients:
New Ventures Maine
Four Directions Development Corporation
Portland Public Library
Heart of Ellsworth
UpStart Maine
The Genesis Community Loan Fund
Big Gig
Boots2Roots
Axiom Education & Training Center DBA National Digital Equity Center
FocusMaine
MaineStream Finance
Sunrise County Economic Council
Award recipients:
New Ventures Maine
Four Directions Development Corporation
Portland Public Library
Heart of Ellsworth
UpStart Maine
The Genesis Community Loan Fund
Big Gig
Boots2Roots
Axiom Education & Training Center DBA National Digital Equity Center
FocusMaine
MaineStream Finance
Sunrise County Economic Council
Contact Us
Machias Savings Bank
PO Box 318
4 Center Street
Machias, ME 04654
866.416.9302
Monday - Friday 7:00 am - 7:00 pm
Saturday 8:00 am - 5:00 pm
Sunday 9:00 am - 1:00 pm**
Contact Us
Machias Savings Bank
PO Box 318
4 Center Street
Machias, ME 04654
866.416.9302
Monday-Friday 7:00 am - 7:00 pm
Saturday 8:00 am - 5:00 pm
Sunday 9:00 am - 1:00 pm**

*Subject to credit approval. **We are open on all holidays from 8:00 am- 4:00 pm with the exception of Christmas, New Year's Day, Easter, 4th of July, and Thanksgiving on which we are closed.