Skip to main content

SCAM WARNING - Fraudsters are calling clients, spoofing the Bank's phone number and posing as MB&T employees. These fraudsters ask for Online Banking passwords and one-time PINs. We will never ask for this information. Please hang up & call your branch, Relationship Manager, or our Service Center (805-963-7511) immediately.

SCAM WARNING - Bankers never ask for your Online Banking password or one-time codes. Learn More

Business Savings

Business Money Market

A traditional money market with tiered interest rates.

Two workers looking over notes together and one worker writing notes.
<

With higher interest potential than a checking account and more flexibility than a savings account, this could be the account for your business.

The Details

Features
  • Tiered interest rate 
  • Checkwriting capabilities 
  • Combined statement upon request
Minimum Opening Balance $50
Monthly Maintenance Fee $15. Can be waived by maintaining a $10,000 minimum daily balance.
Interest Yes1
Online and Mobile Banking2 FREE
  1. Simple interest accrues daily, compounded quarterly and paid quarterly. View our Deposit Rate Summary for the latest rates.
  2. Montecito Bank & Trust does not charge for the Mobile Banking service; however, your wireless provider may charge for Internet access and text messages. Please check with your wireless provider.

Benefits and Perks

Online & Mobile Banking

Keep your accounts at your fingertips with Online & Mobile Banking.

Learn more
Automatic Deposits

Automate your savings with recurring transfers you control in Online Banking.

Overdraft Protection

Link your Savings account to any MB&T Checking account for peace of mind overdraft protection.

Learn more
Online & Mobile Banking

Keep your accounts at your fingertips with Online & Mobile Banking.

Learn more
Automatic Deposits

Automate your savings with recurring transfers you control in Online Banking.

Overdraft Protection

Link your Savings account to any MB&T Checking account for peace of mind overdraft protection.

Learn more

Have any questions?

We're here to help.

Schedule an appointment ATM & branch locations Call us at (805) 963-7511

Considering other investment options?

Our MB&T Advisors team can help you define your goals and navigate your investment options with confidence.

Let's start a conversation.

Meet with an advisor

Additional Services

Ready to explore? Here are some more great options we think you'll love.

A woman's hands using her phone while being on her laptop.
Business Checking

We love local businesses! Big or small, we have the perfect checking account to support your business needs.

Learn more
A professional worker showing her laptop to another man.
Business Certificates of Deposit

When you have a guaranteed rate of return and FDIC insurance, peace of mind comes standard.

Learn more
A professional businessman using his tablet at a cafe.
Extended FDIC Insurance

Access multi-million dollar FDIC insurance and earn interest, all through a single bank relationship with MB&T.

Learn more