Advertising Disclosure
  1. Home
  2. Banks
  3. Montecito Bank & Trust

Montecito Bank & Trust


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
montecito.bank
805-963-7511
1000 State Street
Santa Barbara, CA 93101

Montecito Bank & Trust is headquartered in SANTA BARBARA and is the 42nd largest bank in the state of California. It is also the 560th largest bank in the nation. It was established in 1975 and as of March of 2025, it had grown to 262 employees at 17 locations. Montecito Bank & Trust's CD rates are 67% higher than the national average, and it has an A health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #21956
Year Established1975
Employees262
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.23%
Return on Equity - YTD3.04%
Annual Interest Income$21.4MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$2.14B$2.1B
LoansQ1 2025vs Q1 2024$1.3B$1.23B
DepositsQ1 2025vs Q1 2024$1.84B$1.78B
Equity CapitalQ1 2025vs Q1 2024$165.1MM$148.5MM
Loan Loss AllowanceQ1 2025vs Q1 2024$14.2MM$14.1MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$2.6MM$4MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Montecito Bank & Trust; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Montecito Bank & Trust Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$0-Personal Savings
0.05%$0-First Steps Savings
0.05%$0-Business Savings
0.05%$0-Business Sweep Savings
0.05%$0-CA Saver
0.05%$0-Health Savings Account

Montecito Bank & Trust Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$500k*-Non Profit Relationship Money Market
OTHER TIERS: 0.30% → $0 - $100k | 0.40% → $100k - $500k
0.30%*$500k*-Personal Relationship Bonus Money Market (Access, Private Access)
OTHER TIERS: 0.20% → $0 - $100k | 0.25% → $100k - $500k
0.25%*$500k*-Business Relationship Money Market
OTHER TIERS: 0.10% → $0 - $100k | 0.20% → $100k - $500k
0.20%*$500k*-Business Money Market
OTHER TIERS: 0.05% → $0 - $100k | 0.15% → $100k - $500k
0.20%*$500k*-Personal Relationship Bonus Money Market (Cashback)
OTHER TIERS: 0.10% → $0 - $100k | 0.15% → $100k - $500k
0.18%*$500k*-Everyday Personal Relationship Bonus Money Market
OTHER TIERS: 0.08% → $0 - $100k | 0.13% → $100k - $500k
0.15%*$500k*-Montecito Money Fund
OTHER TIERS: 0.05% → $0 - $100k | 0.10% → $100k - $500k

Montecito Bank & Trust Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$0-Community Dividends Checking
0.10%$0-Private Access Checking
0.05%$0-Access Checking
0.05%$0-Business Interest Checking

Montecito Bank & Trust CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%$10k-7 Month Access CD
3.50%$1k-Business 7 Month Access CD
2.85%$1k-180 Day CD
2.85%$1k-Business 180 Day CD
1.50%$1k-12 Month CD
1.50%$1k-Business 12 Month CD
0.55%$1k-90 Day CD
0.55%$1k-Business 90 Day CD
0.25%$1k-60 Month CD
0.25%$1k-Business 60 Month CD
0.15%$1k-18 Month CD
0.15%$1k-24 Month CD
0.15%$1k-36 Month CD
0.15%$1k-Business 18 Month CD
0.15%$1k-Business 24 Month CD
0.15%$1k-Business 36 Month CD
0.15%$1k-48 Month CD
0.15%$1k-Business 48 Month CD
0.15%$10k-21 Month You Choose CD
0.15%$10k-Business 21 Month You Choose CD
0.05%$1k-30 Day CD
0.05%$1k-Business 30 Day CD

Montecito Bank & Trust IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.85%$1k-180 Day IRA
1.50%$1k-12 Month IRA
0.55%$1k-90 Day IRA
0.25%$1k-60 Month IRA
0.15%$1k-18 Month IRA
0.15%$1k-24 Month IRA
0.15%$1k-36 Month IRA
0.15%$1k-48 Month IRA
0.05%$1k-30 Day IRA
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.