Savings

Our Montgomery BlueMontgomery Gold, Montgomery Platinum and Montgomery Bank Kid's Club savings accounts provide a safe, secure and convenient way to accumulate cash and earn interest at the same time. Montgomery Bank offers savings plans that help your children or grandchildren learn to save and are perfect to meet your cash management goals, and your deposits are FDIC insured. Apply today.

 

Features and Benefits

MONTGOMERY BLUE SAVINGS

MONTGOMERY GOLD SAVINGS

MONTGOMERY PLATINUM SAVINGS

MONTGOMERY BANK KID'S CLUB

Best if you want

A basic savings account with a low minimum balance requirement

A high-performance savings account with the maximum available benefits.

A high-performance savings account for larger deposits.

A savings account for children under the age 13.

Minimum opening balance

$100

$100

$10,000

$50

Quarterly service fee

$10 if balance falls below $100.

$10 if balance falls below $2,500

$10 if balance falls below $10,000

-

Quarterly minimum balance requirement to avoid service fee

$100

$2,500

$10,000

-

Transaction Limitations

Per Regulation

Limited to 6 transfers per quarter. Transfers and withdrawals made in person, by messenger, by mail, or at an ATM are unlimited.

Limited to 6 transfers per quarter. Transfers and withdrawals made in person, by messenger, by mail, or at an ATM are unlimited.

 

Limited to 6 transfers per quarter. Transfers and withdrawals made in person, by messenger, by mail, or at an ATM are unlimited.

Limited to 6 transfers per quarter. Transfers and withdrawals made in person, by messenger, by mail, or at an ATM are unlimited.

Excess Transaction Fee

$1.00 per item if transactions exceed product limitations of 9 per cycle.

$1.00 per item if transactions exceed product limitations of 9 per cycle.

 

$1.00 per item if transactions exceed product limitations of 9 per cycle.

$1.00 per item if transactions exceed product limitations of 9 per cycle.

Tiered interest-bearing account

Yes

Yes

Yes

Yes

Rate Tiers

$0 - 4,999
$5,000 - 9,999
$10,000 - 24,999
$25,000 - 49,999
$50,000 +

$0 - 9,999
$10,000 - 24,999
$25,000 - 49,999
$50,000 - 99,999
$100,000 +

$0 - 99,999

$100,000 +

 

 

 

 

$0 - 500
$500.01 +

Free or discounted savings deposit tickets

No

Free - one order per year

Free - one order per year

No