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Montecito Money Fund
Montecito Money Fund
The power of a savings account. The convenience of check access.
Our Montecito Money Fund is a money market account that pays competitive interest
rates without having to lock up your money – simple, safe and convenient. Plus,
the more you save, the more you’ll earn. With 5 interest rate tiers, we’ll help
you maximize your return without loosing access to your money.
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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, 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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$2500
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Service Charge
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$8.00 monthly
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Additional Benefits
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Free Online Banking and eStatements
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Ready to get started?
To open your Montecito Money Fund account
call us at (805) 963-7511, or just stop by one of our convenient
branch locations.
Additional Investment Account Option:
NOT FDIC INSURED * No bank guarantee * May lose value
Montecito Bank & Trust does offer a sweep product. It’s our Lion’s Share Account.
It's an investment sweep account combining full-service checking with a ©Dreyfus
Money Market Fund. The Lion’s Share investment account is provided by Dreyfus Service
Corporation, a wholly-owned subsidiary of Mellon Financial Corporation.
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