If you’re tired of feeling like a number or frustrated because you get assigned to a new loan officer every other week…you need to talk to us! Federal Savings Bank offers local and fast decision-making and personal attention that you won’t find anywhere else - the same great service our business customers have been enjoying since 1890!

Federal Savings Bank has been approved by the Small Business Administration (SBA) to offer the agency’s Express Line of Credit and Patriot Express lending programs.

The SBA Express Line gives small business borrowers an accelerated application process and expedited turnaround time for critical loan decisions. In addition, generous loan advance rates and competitive interest rates are often available using these SBA programs.

The SBA Patriot program provides financing for business owners who have served in the military. Eligible military community members include: veterans, service-disabled veterans, active-duty service members eligible for the military’s Transition Assistance Program, reservists and National Guard members’ current spouses of any of the above, and the widowed spouse of a service member or veteran who died during service or of a service-connected disability.

Meet Our Business Banking Team

David McArdle
Senior Vice President
Business Banking Officer
John Crisp
Vice President
Commercial Portfolio Manager
Paul A. Bergeron
NMLS #474563
Vice President
Commercial Lending Officer

Tim Dargan 2013 
Tim Dargan
Vice President
Senior Commercial Lending Officer

Deb Scott 2013 
Debra Scott
Assistant Vice President
Business Development Officer
603-766-3113 (direct)

Federal Savings Bank wants your business to succeed as much as you do and we recognize that providing credit is a great tool for growth. We offer flexible business banking solutions including:

  • Commercial Mortgages
  • SBA Loans
  • Lines of Credit
  • Equipment financing and leasing
  • Equipment or vehicle purchases
  • Refinancing existing corporate debt
  • Loan consolidation
  • Purchase of fixed assets

Business Accounts

We understand that you need banking tools to help your business grow. That’s why we have invested a great deal to offer the latest banking technologies that will enable you to run your business with maximum efficiency. Our business banking tools include:

  • Business debit card
  • Merchant credit card programs*
  • Internet banking
  • Online cash management tools
  • Payroll services
  • Treasury, tax and loan (TT&L payments)/electronic Federal Tax Payment Services
  • ACH services

Federal Savings Bank is proud to partner with Blue Pay to offer merchant credit card services. Our customers keep telling us how much money they are saving when they switch to Blue Pay. Call our Business Development Officer, Deb Scott, today to start saving money.

We offer a wide array of deposit products that have carefully been designed to provide you with competitive interest rates and easy access to your funds.

  Liberty Business CheckingEnterprise Business CheckingEagle Business Manager Savings Business First Checking
Minimum Balance to Open $100 $100 $1,000 $2,500
Minimum Balance
(to avoid maintenance fee)
$1,000 N/A N/A $2,500
Earnings Credit None 1.00% of the average daily balance None None
Interest None None Yes**
$10,000 minimum balance to obtain Annual Percentage Yield
$2,500 minimum balance to obtain Annual Percentage Yield
Transaction Limits Up to 125 items per month
(checks, deposits, deposited items)
Unlimited Certain types of transfers out of the account are limited.
(See our disclosure.)
Up to 250 items per month
(checks, deposits, deposited items)
Transaction Fees $.20 per transaction over 125 $.20 per deposit
$.10 per check deposited
$.20 per check paid
None $0.20 per transaction over 250
Monthly Maintenance Fee $15.00
(if balance falls below $1,000 any day in the statement cycle)
$5.00 None $15.00
(if balance falls below $2,500 any day in the statement cycle)
Check Printing Prices vary. Prices vary. N/A Prices vary.
Other Fees Checks returned from a deposit for any reason $15 (all accounts)
Insufficient Funds $29 (for each item greater than $5) • Accounts Closed Within the First Six Months $25
Uncollected Funds $25 • Stop Payments $25 (all checking accounts)
Night Deposit Bags Bags & keys rented to business checking customers at a non-refundable cost of $20 (small) and $22 (large)

**The Annual Percentage Yield on Eagle Business Manager and Business First Checking accounts may change after the account is opened.
See account disclosure for complete information including terms and conditions.

C&J and Federal Savings Bank Help Make Caring and Sharing a Great Success

Portsmouth based C&J Bus Lines and Dover based Federal Savings Bank are two of the Seacoast areas strongest community-minded businesses, so it was no surprise when the two companies joined forces to help make this year’s Caring and Sharing food drive a great success.


Business Overview

Running a business is unpredictable enough without big bank shake-ups. You deserve a true community bank that has been around since 1890. Talk to us about the deposit and lending products and services we offer for your business.

Since 1890, Federal Savings Bank believed that banking is about more than money – it’s about people and developing relationships. We are committed to lending locally and reinvesting our resources back in the communities we serve. If you’re looking for a business lender that will work closely with you to achieve your business goals, call us today.