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Business Savings Accounts
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Montecito Business Money Fund
Montecito Business Money Fund
The higher the balance, the greater the reward.
With a Montecito Business Money Fund your excess balances earn a competitive rate
of interest, which is great news for your bottom line. You work hard for your money
– shouldn’t it do the same for you?
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Interest Rates
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May vary based on balance tier amounts.
Check our current rates.
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Interest Calculation
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Simple interest accrues daily, compounded monthly and paid monthly
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Access to Funds
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Up to 6 monthly pre-authorized, automatic or telephone transfers, by check or point of sale. ($15 excess withdrawal fee.)
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Minimum to Open
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$100
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Minimum Daily Balance to Waive Service Charge
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$10,000
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Service Charge
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$15.00 monthly
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Additional Benefits
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Free Basic Business Banker online banking (inquiries and transfers), Free Mobile Banker and Free eStatements
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Ready to get started?
To open your Business Savings account,
call us at (805) 963-7511, or just stop by one of our convenient
branch locations.
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