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Business Checking Account Options for Other Business Entities

Features Community Dividends® Checking Business
Interest
Checking
Money Manager Account
(a sweep account)
Unlimited check writing only on the checking portion of the account
No monthly service charge
Free Basic Business Banker online service, including mobile banking
Free Bill Pay
Free Business Debit Card
Earns Interest on funds in the money market portion of the account
Account Analysis available
Account Activity
  • Up to 500 items pro-cessed per month (in-cludes debits, credits, and depos-ited items).
  • Up to $5000 in coin and currency transac-tions monthly.
  • $0.30 for each debit after the first 100 debits and $2.00 for each deposit after the first 20 de-posits per statement period.
  • Funds in excess of a set limit are automati-cally swept each day from the non-interest checking account into the money market account.
  • Up to 6 transfers per statement cycle from the money market portion of the account.
Monthly Fee Waiver Options
Business
Interest
Checking
Money Manager
Account
Recommend-ed Minimum to Open $100 $100
Minimum Daily Balance to Waive Monthly Service Charge $5,000 N/A
Average Monthly Balance to Waive Monthly Service Charge $10,000 N/A
Combined Account Balances to Waive Monthly Service Charge N/A $25,000
Monthly Service Charge $15.00 $20.00

Check our current rates.

Not sure what documents you'll need to open a new business account? Opening a new account is easy. But knowing exactly which documents to bring to the branch can be confusing - we get it! That's why we've put together a simple checklist of Required Documents for New Business Accounts.

Ready to get started? To open an account, call us at (805) 963-7511, or just stop by one of our convenient branch locations.

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And don’t forget Overdraft Protection and Direct Deposit.

 
 

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News

Montecito Bank & Trust Reports Higher Earnings

We are pleased to report that for the first six months of 2010 Montecito Bank & Trust earned $4.4 million in net profit, a 13% increase over 2009. [Read on]


Castillo and Nuno Team-Up at the Montecito Bank & Trust Carpinteria Branch

Montecito Bank & Trust is pleased to announce that Anthony Castillo has joined the bank as Vice President and Branch Manager of the Carpinteria Branch. [Read on]