Bank · FDIC insured
Montecito Bank & Trust Savings Rates
Montecito Bank & Trust’s best savings rate is 0.05% APY on $10,000, with its MB&T Money Builder Money Market. Rates checked October 16, 2026.
How Montecito Bank & Trust’s savings rates compare
Compared with banks and credit unions near Santa Maria, CA, where Montecito Bank & Trust has the most branches. $10,000, best rate first.
This bank’s best
Montecito Bank & Trust
0.20%APY
- Requires
- Another account
- Minimum
- $100
- Earns on $10,000 a year
- $20
Relationship Bonus Money Market
Top rate
MidFirst Bank
4.00%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $400
2nd-highest rate
First Bank
2.90%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $290
Montecito Bank & Trust savings score
63
Savings score
Higher than 9% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.05%
- $100,000 balance$100,0000.10%
- QualifiedQualified0.20%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Montecito Bank & Trust ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Relationship Bonus Money Market
Up to 0.20%APY
Monthly maintenance fee of $10 is waived by maintaining a $2,500 minimum daily balance. Account pays tiered relationship bonus interest rates when maintaining an eligible personal checking account. If checking account is closed, relationship bonus rates revert to Montecito Money Fund rates. Simple interest accrues daily, compounded monthly and paid monthly. Features checkwriting capabilities.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $9,999Requires primary owner to maintain an Access Checking or Private Access Checking account. | 0.20% | — | Requires primary owner to maintain an Access Checking or Private Access Checking account. |
| Up to $9,999Requires primary owner to maintain a Cashback Checking account. | 0.10% | — | Requires primary owner to maintain a Cashback Checking account. |
| Up to $9,999Requires primary owner to maintain Everyday Checking, Gold Key Club, or Charter Checking (Gold Key Club and Charter Checking are closed to new accounts). | 0.08% | — | Requires primary owner to maintain Everyday Checking, Gold Key Club, or Charter Checking (Gold Key Club and Charter Checking are closed to new accounts). |
| $10,000 – $49,999Requires primary owner to maintain an Access Checking or Private Access Checking account. | 0.20% | $20 | Requires primary owner to maintain an Access Checking or Private Access Checking account. |
| $10,000 – $49,999Requires primary owner to maintain a Cashback Checking account. | 0.10% | $10 | Requires primary owner to maintain a Cashback Checking account. |
| $10,000 – $49,999Requires primary owner to maintain Everyday Checking, Gold Key Club, or Charter Checking (Gold Key Club and Charter Checking are closed to new accounts). | 0.08% | $8 | Requires primary owner to maintain Everyday Checking, Gold Key Club, or Charter Checking (Gold Key Club and Charter Checking are closed to new accounts). |
| $50,000 – $99,999Requires primary owner to maintain an Access Checking or Private Access Checking account. | 0.20% | — | Requires primary owner to maintain an Access Checking or Private Access Checking account. |
| $50,000 – $99,999Requires primary owner to maintain a Cashback Checking account. | 0.10% | — | Requires primary owner to maintain a Cashback Checking account. |
| $50,000 – $99,999Requires primary owner to maintain Everyday Checking, Gold Key Club, or Charter Checking (Gold Key Club and Charter Checking are closed to new accounts). | 0.08% | — | Requires primary owner to maintain Everyday Checking, Gold Key Club, or Charter Checking (Gold Key Club and Charter Checking are closed to new accounts). |
| $100,000 – $499,999Requires primary owner to maintain an Access Checking or Private Access Checking account. | 0.25% | — | Requires primary owner to maintain an Access Checking or Private Access Checking account. |
| $100,000 – $499,999Requires primary owner to maintain a Cashback Checking account. | 0.15% | — | Requires primary owner to maintain a Cashback Checking account. |
| $100,000 – $499,999Requires primary owner to maintain Everyday Checking, Gold Key Club, or Charter Checking (Gold Key Club and Charter Checking are closed to new accounts). | 0.13% | — | Requires primary owner to maintain Everyday Checking, Gold Key Club, or Charter Checking (Gold Key Club and Charter Checking are closed to new accounts). |
| $500,000 and upRequires primary owner to maintain an Access Checking or Private Access Checking account. | 0.30% | — | Requires primary owner to maintain an Access Checking or Private Access Checking account. |
| $500,000 and upRequires primary owner to maintain a Cashback Checking account. | 0.20% | — | Requires primary owner to maintain a Cashback Checking account. |
| $500,000 and upRequires primary owner to maintain Everyday Checking, Gold Key Club, or Charter Checking (Gold Key Club and Charter Checking are closed to new accounts). | 0.18% | — | Requires primary owner to maintain Everyday Checking, Gold Key Club, or Charter Checking (Gold Key Club and Charter Checking are closed to new accounts). |
MB&T Money Builder Money Market
0.05%APY
Monthly maintenance fee of $5 is waived by enrolling in eStatements AND either setting up a recurring monthly automatic transfer of $25 or more from an MB&T account to your MB&T Money Builder account OR maintaining a minimum daily balance of $300. Checkwriting, bill-pay, or Zelle transactions are not allowed. Interest compounds quarterly and pays quarterly.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $9,999 | 0.05% | — |
| $10,000 – $49,999 | 0.05% | $5 |
| $50,000 – $99,999 | 0.05% | — |
| $100,000 – $499,999 | 0.10% | — |
| $500,000 and up | 0.15% | — |
Montecito Money Fund
0.05%APY
Monthly maintenance fee of $10 is waived by maintaining a $2,500 minimum daily balance. Simple interest accrues daily, compounded monthly and paid monthly. Features checkwriting capabilities.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $9,999 | 0.05% | — |
| $10,000 – $49,999 | 0.05% | $5 |
| $50,000 – $99,999 | 0.05% | — |
| $100,000 – $499,999 | 0.10% | — |
| $500,000 and up | 0.15% | — |
CA Saver
0.05%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $9,999 | 0.05% | — |
| $10,000 – $49,999 | 0.05% | $5 |
| $50,000 – $99,999 | 0.05% | — |
| $100,000 – $499,999 | 0.05% | — |
| $500,000 and up | 0.05% | — |
Sources (1)
- montecito.bank/documents/disclosure-deposit-rate-summary · captured Oct 6, 2026
Personal Savings
0.05%APY
$9 quarterly maintenance fee waived with $300 minimum daily balance. Simple interest accrues daily, compounded quarterly and paid quarterly.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $9,999$9 quarterly maintenance fee waived with $300 minimum daily balance. | 0.05% | — | $9 quarterly maintenance fee waived with $300 minimum daily balance. |
| $10,000 – $49,999$9 quarterly maintenance fee waived with $300 minimum daily balance. | 0.05% | $5 | $9 quarterly maintenance fee waived with $300 minimum daily balance. |
| $50,000 – $99,999$9 quarterly maintenance fee waived with $300 minimum daily balance. | 0.05% | — | $9 quarterly maintenance fee waived with $300 minimum daily balance. |
| $100,000 – $499,999$9 quarterly maintenance fee waived with $300 minimum daily balance. | 0.05% | — | $9 quarterly maintenance fee waived with $300 minimum daily balance. |
| $500,000 and up$9 quarterly maintenance fee waived with $300 minimum daily balance. | 0.05% | — | $9 quarterly maintenance fee waived with $300 minimum daily balance. |
Special-purpose accounts
First Steps Savings
0.05%APY
For youth up to 18 years of age; adult signatory required. No monthly maintenance fee. Simple interest accrues daily, compounded quarterly and paid quarterly.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $9,999For youth up to 18 years of age; adult signatory required. No monthly maintenance fee. | 0.05% | — | For youth up to 18 years of age; adult signatory required. No monthly maintenance fee. |
| $10,000 – $49,999For youth up to 18 years of age; adult signatory required. No monthly maintenance fee. | 0.05% | $5 | For youth up to 18 years of age; adult signatory required. No monthly maintenance fee. |
| $50,000 – $99,999For youth up to 18 years of age; adult signatory required. No monthly maintenance fee. | 0.05% | — | For youth up to 18 years of age; adult signatory required. No monthly maintenance fee. |
| $100,000 – $499,999For youth up to 18 years of age; adult signatory required. No monthly maintenance fee. | 0.05% | — | For youth up to 18 years of age; adult signatory required. No monthly maintenance fee. |
| $500,000 and upFor youth up to 18 years of age; adult signatory required. No monthly maintenance fee. | 0.05% | — | For youth up to 18 years of age; adult signatory required. No monthly maintenance fee. |
Health Savings Account
0.05%APY
For individuals or families covered by an HSA eligible high deductible health care plan (HDHP). Individuals who have other health coverage, such as Medicare, military benefits, medical FSAs, or are claimed as a dependent on another person's tax return are ineligible. $3 monthly maintenance fee waived with $100 minimum daily balance. Simple interest accrues daily, compounded monthly and paid monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMonthly fee of $3 waived with $100 minimum daily balance. Covers individual and family HSAs. Simple interest accrues daily, compounded monthly and paid monthly.Any balance | 0.05% | $5 | Monthly fee of $3 waived with $100 minimum daily balance. Covers individual and family HSAs. Simple interest accrues daily, compounded monthly and paid monthly. |
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.