Personal Savings Account Levels and Features
A Bank of the Rockies’ personal savings account offers competitive interest rates while allowing easy access to funds. For current rates, contact a Universal Banker. Also note that 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.
Let Bank of the Rockies help you get started down the path to saving. Compare accounts and decide which one suits your needs best.
Tiered Money Market
A tiered money market account will have higher interest yields for higher account balances. However, the account requires a minimum balance of $1000 to not incur fees.
Minimum Balance Requirements
$1000
Monthly Maintenance Fee
If minimum is not maintained.
$10
Earns Interest
Tiered balance structure.***
Withdrawal Limit*
6 per month
Excess Withdrawal Fee
Per excess withdrawal.
$10
Free E-Statements
Deposit Limit
25 per month
Excess Deposit Fee
Per excess deposit.
$0.25
24-hour Online Access
***In a tiered balance structure, there are higher yields paid on larger account balances. If the account balance falls below the minimum, then no interest is paid.
Regular Savings
A savings account for everyone.
Minimum Balance Requirements
$200
Monthly Maintenance Fee
If minimum is not maintained.
$2
Earns Interest
Withdrawal Limit*
6 per month
Excess Withdrawal Fee
Per excess withdrawal.
$1
Free E-Statements
Deposit Limit
25 per month
Excess Deposit Fee
Per excess deposit.
$0.25
24-hour Online Access
Youth Regular Savings
A youth regular savings account requires the owner to be 18 years of age or younger. When the owner turns 19 the account converts to a regular savings account and all applicable fees will apply.
Minimum Balance Requirements
None
Monthly Maintenance Fee
If minimum is not maintained.
None
Earns Interest
Withdrawal Limit*
6 per month
Excess Withdrawal Fee
Per excess withdrawal.
$1
Free E-Statements
Deposit Limit
25 per month
Excess Deposit Fee
Per excess deposit.
$0.25
24-hour Online Access
Youth Ag Savings
Any youth 18 years old or younger, who is a member of the FFA or 4-H can have a youth ag personal savings account. When the owner turns 19 the account converts to a regular savings account and all applicable fees will apply.
Minimum Balance Requirements
None
Monthly Maintenance Fee
If minimum is not maintained.
None
Withdrawal Limit*
6 per month
Excess Withdrawal Fee
Per excess withdrawal.
$1
Free E-Statements
Deposit Limit
25 per month
Excess Deposit Fee
Per excess deposit.
$0.25
24-hour Online Access
Health Savings Account (HSA)**
The money contributed to an HSA is tax-deductable, and it may be withdrawn free of income taxes if it is used to pay for qualified medical expenses – not only for the account holder but also for spouse and tax dependents.
Minimum Balance Requirements
None
Monthly Maintenance Fee
If minimum is not maintained.
None
Earns Interest
Withdrawal Limit*
None
Excess Withdrawal Fee
Per excess withdrawal.
No Limit
Free E-Statements
Deposit Limit
25 per month
Excess Deposit Fee
Per excess deposit.
$0.25
24-hour Online Access
Montana Medical Savings Account (MSA)**
All Montana resident taxpayers are eligible, even if they have another health care plan provided by their employer or a HSA. A taxpayer does not have to be in a high deductible plan at work to be eligible for an MSA.
Minimum Balance Requirements
$200
Monthly Maintenance Fee
If minimum is not maintained.
$2
Earns Interest
Withdrawal Limit*
6 per month
Excess Withdrawal Fee
Per excess withdrawal.
$1
Free E-Statements
Deposit Limit
25 per month
Excess Deposit Fee
Per excess deposit.
$0.25
24-hour Online Access
Interested in a Personal Savings Account With Higher Interest Rates?
A Certificate of Deposit (CD) pays a set interest rate over a period of a few months to a few years. Our Flexible Term CDs allow you to start saving and take advantage of terms that work best for you.
Learn More| Account Type | Tiered Money Market | Regular Savings | Youth Regular Savings | Youth Ag Savings | Health Savings Account (HSA)** | Montana Medical Savings Account (MSA)** |
|---|---|---|---|---|---|---|
| Minimum Balance Requirements | $1000 | $200 | None | None | None | $200 |
| Monthly Maintenance Fee If minimum is not maintained. |
$10 | $2 | None | None | None | $2 |
| Earns Interest Tiered balance structure.*** |
✔ | ✔ | ✔ | ✔ | ✔ | |
| Withdrawal Limit* | 6 per month | 6 per month | 6 per month | 6 per month | None | 6 per month |
| Excess Withdrawal Fee Per excess withdrawal. |
$10 | $1 | $1 | $1 | No limit | $1 |
| Free E-Statements | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Deposit Limit | 25 per month | 25 per month | 25 per month | 25 per month | 25 per month | 25 per month |
| Excess Deposit Fee Per excess deposit. |
$0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 |
| 24-hour Online Access | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Open Account |
Products, services, fees, and service charges are subject to change.
*In terms of withdrawals, federal regulations limit certain types of withdrawal and transfer transactions you can make out of your savings or money market accounts to a maximum combined total of six (6) per month or monthly statement period. Please refer to your Consumer Account Agreement and Account Fee Schedule for details.
**Bank of the Rockies does not determine whether expenses qualify for tax-free reimbursement and does not provide tax advice. Consult your tax advisor if you have questions about whether an expense can be paid from our HSA or MSA. Visit IRS.gov for a complete list of qualified medical expenses.