Move toward financial success
Savings Accounts
Establish your personal financial goals with Mountain America’s savings accounts and become better prepared to succeed.
Savings account types
Primary Savings
Build for the future with a personal savings account.
Money Markets
Earn higher dividends with the flexibility to add and withdraw funds as needed.
Certificate Accounts
Grow your money while saving for medium- and long-term goals.
IRAs
Save for retirement by opening a Traditional or Roth IRA. Both offer tax advantages to help you cover expenses.
Savings accounts for kids
Teen Savings
Prepare your teens for a life of financial independence and success. Our teen savings account is perfect for kids ages 13–17.
Youth Savings
Start your children on the path to smart money management. This youth account was designed for children 12 and younger.
Youth Certificates
Help your children save for long-term goals like buying a car and paying for college.
Compare savings accounts
| Primary Savings | Money Markets | Certificate Accounts | |
|---|---|---|---|
| Key benefit | |||
| Key benefit | Simplicity Enjoy straightforward savings | Liquidity Withdraw funds as needed while earning competitive dividends | Secure and steady growth Larger starting balance leads to higher earnings |
| Minimum opening balance | |||
| Minimum opening balance | $1 | $1 | $5 for growth and Christmas Club certificates; $500 for standard, IRA and Roth IRA certificates |
| Time period | |||
| Time period | No time frame for maturity | No time frame for maturity | 6 months to 5 years |
| Deposits | |||
| Deposits | Funds can be added anytime | Funds can be added anytime | Growth and Christmas Club certificates—funds can be added anytime; standard, IRA and Roth IRA certificates—funds can only be added at account opening |
| Withdrawals | |||
| Withdrawals | Funds can be withdrawn anytime | Funds can be withdrawn anytime | Funds can only be withdrawn at account maturity without incurring a penalty |
| Earnings potential | |||
| Earnings potential | Moderate earnings Typically earns less than money markets and certificates Earn dividends on balances above $100 | Higher earnings Typically earns more than primary savings but less than certificates Higher tiered rates on balances above $2,500 | Highest earnings Typically earns more than money markets and primary savings |
| Get started | |||
| Discover more | See tiers & rates | Compare certificates | |
Additional resources
Essential Savings Accounts
Discover the five crucial bank accounts that can streamline your finances and bolster your savings strategy.
Understanding Savings Accounts
Learn how traditional savings accounts operate and how they can be a cornerstone of your personal financial plan.
Choosing Between Money Markets and Certificates
Compare money market accounts and certificates to determine which saving option aligns best with your financial goals.
