Business Banking

Whether you need everyday business checking or specialized treasury solutions, we have the accounts and services to keep your operation running smoothly.
Business Online Banking

This is your hub for managing accounts, payments, and cash flow, all in one place. Even if you don't need every feature right now, they'll be ready as your business grows.

To get started, tell us a little about your business, and we'll walk you through your options.

 

Features include:

  • ACH origination for payroll
  • Wire transfers
  • Remote deposit for batches of checks
  • Multiple account users with varying permissions
  • Positive Pay to help prevent fraud
  • Cash management tools

Business Checking

 

Smart Business Checking

A straightforward, no-fee spending account suitable for all types of businesses. 

yellow kayak
Rates effective: February 17, 2026

Compare Business Checking Accounts

Row
Smart Business Checking
Money Market Checking
Minimum to open

Minimum to open

Smart Business Checking
$10
Money Market Checking
$2,500
Earns Interest

Earns Interest

Smart Business Checking
Not included
Money Market Checking
Minimum daily balance to earn APY

Minimum daily balance to earn APY

Smart Business Checking
$10
Money Market Checking
$10
Monthly fee

Monthly fee

Smart Business Checking
$0 if average monthly balance is $200 or more
Money Market Checking
$0
Automatic Sweep*

Automatic Sweep*

Smart Business Checking
Money Market Checking

*Automatic Sweep can help you earn more interest on funds you're not using. This feature links a higher-interest account to your everyday business accounts and automatically moves funds between them based on instructions you set up.

Business Savings Accounts

Statement Savings

Earn interest with this basic savings account designed to be easily accessible through online and mobile banking.

Money Market

A traditional, interest-earning savings account with in-branch record keeping.

Business Sweep Money Market

"Sweep" excess funds in and out of this account, based on thresholds you set, so your idle cash can earn interest. 

Compare Business Savings Accounts

Row
Statement Savings
Money Market
Business Sweep Money Market
Minimum to open

Minimum to open

Statement Savings
$10
Money Market
$2,500
Business Sweep Money Market
$2,500
Minimum daily balance to earn APY*

Minimum daily balance to earn APY*

Statement Savings
$10
Money Market
$10
Business Sweep Money Market
$10
Tiered interest rates

Tiered interest rates

Statement Savings

Not included

Money Market
Business Sweep Money Market
Monthly Fee

Monthly Fee

Statement Savings
$0
Money Market
$0
Business Sweep Money Market
$50/month or $5 per transfer
*Annual Percentage Yield (APY) = Yield when principal and interest are left on deposit. APY for these rates are subject to change at any time without notice.

Certificates of Deposits (CDs)

Fixed interest rates for terms ranging from 3 to 60 months.

5-MONTH CD 3.60% APY*

$1,000 minimum to open. Rate guaranteed for the length of the term.

7-MONTH CD 3.25% APY*

$1,000 minimum to open. Rate guaranteed for the length of the term.

Rates effective: May 8, 2026

Compare our CDs

Row
Interest Rate
APY*
Minimum opening
3-Month CD

3-Month CD

Interest Rate
3.30%
APY*
3.35%
Minimum opening
$1,000
5-Month CD

5-Month CD

Interest Rate
3.54%
APY*
3.60%
Minimum opening
$1,000
6-Month CD

6-Month CD

Interest Rate
2.76%
APY*
2.80%
Minimum opening
$1,000
7-Month CD

7-Month CD

Interest Rate
3.20%
APY*
3.25%
Minimum opening
$1,000
12-Month CD

12-Month CD

Interest Rate
2.76%
APY*
2.80%
Minimum opening
$1,000
18-Month CD

18-Month CD

Interest Rate
2.47%
APY*
2.50%
Minimum opening
$1,000
24-Month CD

24-Month CD

Interest Rate
2.18%
APY*
2.20%
Minimum opening
$1,000
36-Month CD

36-Month CD

Interest Rate
2.18%
APY*
2.20%
Minimum opening
$1,000
48-Month CD

48-Month CD

Interest Rate
1.98%
APY*
2.00%
Minimum opening
$1,000
60-Month CD

60-Month CD

Interest Rate
1.98%
APY*
2.00%
Minimum opening
$1,000

*Annual Percentage Yield (APY) = Yield when principal and interest are left on deposit. APY for these rates are subject to change. $1,000 minimum to open and $1,000 balance needed to earn the stated APY. APY assumes funds remain in the account until maturity. Early withdrawals may incur penalties and fees may reduce savings. Rates are guaranteed for the length of the term with fixed rate term accounts.

Payment Processing Solutions

We work with a range of point-of-sale systems, including Clover, and we'll help you find the right fit. Quotes are tailored to your operation, priced competitively, and carry no obligation.

Not sure what you need?

Built for Local Business

  • In-person and phone support for setup and troubleshooting
  • Deep market expertise in hospitality, restaurants, retail, seasonal businesses, professional services, and more
  • Tools to keep track of sales, inventory, and employees

Payment Processing Newsletters

What is a Payment Gateway? Learn about gateways and how your business could benefit from them.
Payment Processing with Clover Clover POS can help simplify your business services.
PCI Compliance and Your Business Why should you care about PCI compliance?
Nonprofit Payment Solutions Solutions to help maximize donation dollars.
Meet the Clover Kiosk Manage your cafe or food shop with a touch screen kiosk.
Payment Processing with Personal Service Limit and prevent business interruption with our in-person service.
Clover PracticePay for Healthcare Providers A HIPPA-compliant platform to manage payments, operations, and patient experience.

Clover POS Products

Clover gives you the tools to accept payments, track sales, and manage your operations from one platform. Explore the latest devices below, and talk to a specialist about the right option for you.

  • Clover Go

    Clover Go

    A pocket-sized wireless card reader that pairs with your smartphone or tablet through the Clover Go mobile app to track and manage sales. Ideal for businesses that take payments on the move, from farmers' markets to home services.

    • Accept chip, swipe, and contactless payments, including Apple Pay and Google Pay mobile wallets
    • Use with both iPhone and Android devices via Bluetooth
    • Connect via Wi-Fi or cellular to process payments from anywhere, including offline
    Clover go POS device.
  • Clover Compact

    Clover Compact

    A simple, affordable payment device with a physical keypad and touchscreen, designed for businesses that need fast, reliable card processing without the complexity of a full POS system.

    • Accept chip, swipe, and contactless payments, including Apple Pay and Google Pay mobile wallets
    • Built-in receipt printer for fast, counter-ready transactions
    • Connect via Wi-Fi or ethernet with straightforward setup
    Clover compact payment device.
  • Clover Flex

    Clover Flex

    A handheld POS with a built-in receipt printer, camera, and barcode scanner. Portable enough to take tableside or on the road, and powerful enough to run your business from anywhere.

    • Accept chip, swipe, and contactless payments, including Apple Pay and Google Pay mobile wallets
    • Built-in receipt printer, camera, and barcode scanner for on-the-go order and inventory management
    • Connect via Wi-Fi or 4G/LTE with a battery that lasts at least 8 hours
    Clover flex POS device.
  • Clover Mini

    Clover Mini

    A compact countertop POS with an 8-inch touchscreen that fits almost any workspace. Full-featured for businesses that want more than a basic terminal without the footprint of a full station.

    • Accept chip, swipe, and contactless payments, including Apple Pay and Google Pay mobile wallets
    • Built-in receipt printer and front-facing camera for barcode scanning, with optional cash drawer connectivity
    • Connect via Wi-Fi, ethernet, or 4G/LTE
    Clover mini POS device.
  • Clover Solo & Duo

    Clover Solo & Duo

    A full-featured countertop POS built for busy retail, restaurant, and service environments. The Solo offers a single 14-inch merchant-facing display; the Duo adds an 8-inch customer-facing screen so customers can confirm orders and complete payment on their own display.

    • Accept chip, swipe, and contactless payments, including Apple Pay and Google Pay mobile wallets
    • Includes a built-in receipt printer, cash drawer, and dual cameras with barcode scanning
    • Connect via Wi-Fi, ethernet, or 4G/LTE
    Clover Duo POS device with 2 screens.

Clover Go

A pocket-sized wireless card reader that pairs with your smartphone or tablet through the Clover Go mobile app to track and manage sales. Ideal for businesses that take payments on the move, from farmers' markets to home services.

  • Accept chip, swipe, and contactless payments, including Apple Pay and Google Pay mobile wallets
  • Use with both iPhone and Android devices via Bluetooth
  • Connect via Wi-Fi or cellular to process payments from anywhere, including offline
Clover go POS device.

Clover Compact

A simple, affordable payment device with a physical keypad and touchscreen, designed for businesses that need fast, reliable card processing without the complexity of a full POS system.

  • Accept chip, swipe, and contactless payments, including Apple Pay and Google Pay mobile wallets
  • Built-in receipt printer for fast, counter-ready transactions
  • Connect via Wi-Fi or ethernet with straightforward setup
Clover compact payment device.

Clover Flex

A handheld POS with a built-in receipt printer, camera, and barcode scanner. Portable enough to take tableside or on the road, and powerful enough to run your business from anywhere.

  • Accept chip, swipe, and contactless payments, including Apple Pay and Google Pay mobile wallets
  • Built-in receipt printer, camera, and barcode scanner for on-the-go order and inventory management
  • Connect via Wi-Fi or 4G/LTE with a battery that lasts at least 8 hours
Clover flex POS device.

Clover Mini

A compact countertop POS with an 8-inch touchscreen that fits almost any workspace. Full-featured for businesses that want more than a basic terminal without the footprint of a full station.

  • Accept chip, swipe, and contactless payments, including Apple Pay and Google Pay mobile wallets
  • Built-in receipt printer and front-facing camera for barcode scanning, with optional cash drawer connectivity
  • Connect via Wi-Fi, ethernet, or 4G/LTE
Clover mini POS device.

Clover Solo & Duo

A full-featured countertop POS built for busy retail, restaurant, and service environments. The Solo offers a single 14-inch merchant-facing display; the Duo adds an 8-inch customer-facing screen so customers can confirm orders and complete payment on their own display.

  • Accept chip, swipe, and contactless payments, including Apple Pay and Google Pay mobile wallets
  • Includes a built-in receipt printer, cash drawer, and dual cameras with barcode scanning
  • Connect via Wi-Fi, ethernet, or 4G/LTE
Clover Duo POS device with 2 screens.
Clover PracticePay for Healthcare Providers A HIPPA-compliant platform to manage payments, operations, and patient experience.
Payment Processing with Personal Service Limit and prevent business interruption with our in-person service.
Meet the Clover Kiosk Manage your cafe or food shop with a touch screen kiosk.
Nonprofit Payment Solutions Solutions to help maximize donation dollars.
PCI Compliance and Your Business Why should you care about PCI compliance?
Payment Processing with Clover Clover POS can help simplify your business services.
Business Fraud Prevention Guide Important steps businesses can take to reduce the chance of fraud.
What is a Payment Gateway? Learn about gateways and how your business could benefit from them.
Savings, Checking and Money Market Rates View the latest banking rates.
Certificates of Deposit Rates View the latest CD rates.

Contact a Business Banking Specialist

Opening a business account and enrolling in Business Online Banking starts with a conversation. Share a few details and we'll reach out with next steps, including any documents you'll need. Prefer to talk in person? Stop by any office. 

Find quick answers in our FAQs









Why Choose Martha’s Vineyard Bank

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Certified B Corporation

We are Massachusetts’ first Certified B Corp bank, which means we are held to the highest standards of social and environmental responsibility.

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Community Impact

We reinvest in our communities through local lending and our Charitable Foundation, which funds scholarships, grants, and sponsorships.

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Local Service

Every interaction here is personal. Our bankers know you, decisions are made locally, and support you can count on is always nearby.