A personal checking account is one of the most essential tools you can have when it comes to managing your finances, so choosing the right one is extremely important. Each of our checking accounts come with exceptional service and opportunities to take advantage of features that will make managing your finances a little easier. Take a look at the accounts we offer or talk with one of your local Universal Bankers to get started.
You work hard, so why not make your money work harder for you? Whether you’re saving for a new home, college education or retirement, Bank of the Rockies has the savings product to meet your needs. Bank of the Rockies’ savings accounts offer competitive interest rates while allowing easy access to funds.*
Let Bank of the Rockies help you get started down the path to saving. Compare accounts and decide which one suits your needs best.
*Contact a Universal Banker for current rates. Federal regulations limit pre-authorized withdrawals (transfers by telephone, wire, PC, overdraft protection, automatic payments, or checks) to a combined total of six (6) per month or monthly statement period.
A Bank of the Rockies CD* can offer a low risk savings strategy. Whether you’re looking for a short-term or long-term investment, we can structure a CD that is right for you. We offer fixed rate CDs with terms ranging from 91 days to 60 months to help you achieve your short-term savings goal. Check out our Bump Up CD, which entitles the bearer to make a one-time bump up in their rate during the term of the CD. As a benefit, our Certificates of Deposit include an automatic renewal at maturity with a 10-day grace period, and most can be opened for as little as $500.
*A seven day pre-withdrawal notice right is reserved. Early withdrawal penalty may apply
Want to make your retirement vision a reality? Bank of the Rockies offers both Traditional and Roth IRAs to help you get started today. IRAs are subject to the terms of FDIC insurance and are insured separately from other accounts held at Bank of the Rockies.
Contributions made to a Traditional IRA may be partially or fully deductible. Earnings generated within a Traditional IRA are tax-deferred. A minimum distribution is required each year after age 70 1/2.
Contributions made to a Roth IRA are not tax-deductible or age restricted. Earnings generated within a Roth IRA are tax-deferred and offer the potential to be withdrawn tax-free. Roth IRA owners are not required to take mandatory distributions.
Contact a Universal Banker to learn more about IRAs, or chat with your tax advisor to determine which account is right for you.
Escrow – Contract Collection Services
Minimize Risk. Complete Transactions.
What is escrow or contract collection?
Simply said, escrow is a financial arrangement where a neutral third-party, like the Bank of the Rockies, holds documents and controls the payment of funds required for two parties involved in a transaction, and until all of the terms of a given contract are met.
What we do.
As a neutral, third-party, Bank of the Rockies is committed to providing professional escrow – contract collection services for all types of independent financing arrangements. Whether you’re a seller, buyer, or investor, we offer complete contract collection services tailored to your needs and specific transaction. Our services are designed for any individuals, groups or businesses who wish to plan their own financial or lending arrangements, but desire the record keeping, security, and stability of a bank. Bank of the Rockies prides itself in being your community banking partner, and we have highly experienced staff to answer any questions you may have about this process.
- Collection of scheduled payments
- Tax and insurance reserve accounts
- Annual IRS tax information reporting forms.
- Electronic banking services (ACH), enabling payments to be both made and deposited without the hassle and time of mailing checks or trips to the bank.
- Online account viewing.
- Holding original documents required to release collateral and clear title, and delivery of documents upon full satisfaction.
- Inquire with us about escrow fee discounts for Bank of the Rockies depositors!
For more information about this service of any other services, please contact Bank of the Rockies’ escrow service department at firstname.lastname@example.org, or by phone at: (406) 547-3331. We look forward to providing you with the unparalleled service our customers have come to expect of the Bank of the Rockies.