Business Savings

It’s not just your business—it’s your DREAM. Empower it with a Business Savings account from KFS!

Looking for a trusted local partner to help you jump-start or grow your business? Turn to Kennebec Federal Savings! When you open your business savings account with us, you benefit from friendly, professional financial services that help you earn interest as you confidently build funds for liquidity, capital expenses, taxes, and more.

Choose from these Business Savings options:

Savings Account

Grow your cash-on-hand with a KFS savings account. Receive a convenient monthly statement detailing all your account activity.

  • $25 minimum opening balance
  • No monthly maintenance fee when you keep a daily balance of $100 or more
  • Unlimited deposits and withdrawals, including automatic transfers to or from other KFS accounts*
  • Check your balance, transfer funds, and more with Online Banking

*Debit card and electronic withdrawal transactions are limited on this account to a combined total of no more than 6 each month. Debits by electronic transaction include bill payments, ACH electronic transactions, and debit card purchases. Transfers and withdrawals made in person, by mail or at an ATM, are unlimited.

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Money Market Account

Earn higher interest rates on your higher business-account balances. Tiered interest means higher rates for larger balances. Choose to get business checks for your Money Market account, which will give you greater flexibility and access to your account.

  • $2,500 minimum opening deposit
  • No monthly maintenance fee when you keep a daily balance of $2,500 or more
  • Interest rates increase with your account balance
  • Limited check writing*
  • Unlimited deposits and withdrawals, including automatic transfers to and from other KFS accounts*
  • Check your balance, transfer funds, and more with Online Banking

*Debit card and electronic withdrawal transactions are limited on this account to a combined total of no more than 6 each month. Debits by electronic transaction include bill payments, ACH electronic transactions, and debit card purchases. Transfers and withdrawals made in person, by mail or at an ATM, are unlimited.

VIEW RATESSEND A SECURE MESSAGE

Super Money Market Account

Earn even HIGHER rates on your highest balances!

  • $100,000 minimum opening deposit
  • Interest is earned when you keep a daily balance of $100,000 or more
  • Available with or without checks (limited check writing)*
  • Unlimited deposits and withdrawals, including direct deposit and automatic transfer to other KFS accounts
  • Set up regular deposits or transfers from other KFS accounts and watch your balance grow!
  • Check your balance, transfer funds, and more with Online Banking and Mobile Banking
  • Add a Mastercard® Debit Card for 24-hour ATM access*

**You may make six (6) transfers from your account each statement cycle period by preauthorized or automatic transfer, telephone agreement, check, debit card, or similar order (including POS transactions) payable to third parties. Transfers and withdrawals made in person, by mail, or at an ATM are unlimited.

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