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Skip Navigation Links Business > Business Savings, CDs & SEP-IRAs > Business Savings Accounts > Business Savings

Business Savings

The simple solution to saving successfully.

Our savings account is the perfect account to use for all kinds of savings plans. Open up your new savings account at Montecito Bank & Trust today and start a healthy new habit – without even breaking a sweat.

Interest Rates
One rate paid on all account balances. Check our current rates.
Interest Calculation
Simple interest accrues daily, compounded quarterly and paid quarterly
Access to Funds
Up to 6 monthly pre-authorized, automatic or telephone transfers, or by point of sale.
Minimum to Open
$100
Minimum Daily Balance to Waive Service Charge
$300
Service Charge
$9.00 quarterly
Additional Benefits
Free Basic Business Banker online banking (inquiries and transfers), Free Mobile Banker and Free eStatements

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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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]