UMB Savings Accounts – Open An Online Savings Account Today
Open a savings account online today and take the next step in your financial journey.
Compare the high-interest savings accounts below to see which one is right for you.
UMB Savings Accounts – Open An Online Savings Account Today
Open a savings account online today and take the next step in your financial journey.
Compare the high-interest savings accounts below to see which one is right for you.
UMB Savings
- Interest-bearing
- Low minimum opening deposit
- Low minimum balance monthly service fee waiver option
UMB Retail Money Market
- Interest paid on tiered balances
- Debit card access
- Monthly service fee waiver option
UMB Premium Savings
- Interest paid on tiered balances
- Savings account for those with larger balances
- Monthly service fee waiver option
| UMB Savings | UMB Youth Savings | UMB Retail Money Market | UMB Premium Savings | |
|---|---|---|---|---|
| Is it right for you? | A straightforward savings account to help you reach your goals. | A savings account opened in the name of a child can help them start financially strong. | An interest-bearing savings account that provides check and debit card access to balances. | An interest-bearing savings option for those with larger savings balances. |
| Monthly Service Fee | $3 | No Fee | $10 | $25 |
| Minimum Opening Deposit | $100 | $25 | $100 | $25,000 |
| Interest Paid on Balance | ||||
| Transaction Limitations | ||||
| UMB ATM Withdrawal | No Fee | No Fee | No Fee | No Fee |
| Non-UMB ATM Withdrawal** | $2 Each | $2 Each | $2 Each | $2 Each |
| How to Waive Monthly Service Fee | $100 minimum daily ledger balance | N/A | $1,000 average collected balance | $25,000 minimum daily ledger balance |
| Online Rates | View Rates | Contact your local branch | View Rates | View Rates |
| Apply now | Open at your local branch | Apply now | Apply now |
**The institution that owns the non-UMB Bank ATM may also charge an access fee, which cannot be refunded.
Account features
- Online account management
- Mobile check deposit
- One-on-one financial review
- Banking alerts
- Automatic transfers
- Direct deposit
Top Questions About Savings Accounts
What’s the best savings account for me?
A savings account helps you reach your financial goals. To find the right savings for you, consider your needs first including how often you plan to withdrawal funds, service and maintenance fees, and how you prefer to access your money.
Is there a savings account for kids?
Yes! A UMB Youth savings account is one way to help a child start a financial foundation. These accounts are opened by a parent or guardian in the name of a child.
Diverse options
Find the savings account option that makes the most sense for your lifestyle and future goals.
Exceptional service
UMB’s one-on-one financial coaching can help you get the most from your banking experience.
Digital banking built for you
Online and mobile banking, phone banking, bill pay, Apple Pay and more – bank however you want to bank with UMB.*
*Some restrictions may apply. See the UMB Online Banking Agreement and the UMB Mobile Remote Deposit Terms and Conditions for more information. Consult your mobile carrier about applicable data usage or SMS charges.
Time Deposit Accounts (TDs or CDs)
If you’re interested in locking in an interest rate for a set period of time, a time deposit account may be right for you. This type of account offers a fixed rate of interest for a term of your choice with rates that may be higher than what is offered on savings accounts.
- $500 account opening minimum (minimum may be higher for some specials)
- Automatically renews after your term matures
- May be used as collateral for a consumer loan (subject to credit approval)
UMB Youth Savings Account
Big dreams start small, so help the child in your life start saving money today. This account is designed so that a parent or guardian can establish a savings account in the name of a child. Help the young ones in your life start financially strong.
- Interest-bearing
- No monthly service fee
- $25 minimum opening balance
Looking for private banking solutions?
UMB offers personalized banking services for individuals and families with high net worth, including in-depth financial consultations and a full-service review of your goals and needs.
Looking for a health savings account?
The UMB health savings account (HSA) helps you better manage healthcare costs today and in the future with easy access to funds, dedicated customer service, and the tools you need to make the most of your money.
Review savings account details in our comparison table. If you need assistance, have a UMB banker contact you.
To open an account online, you must:
- be 18 years old or older
- be a U.S. citizen or U.S. resident alien
- live in one of the following states: Arizona, Colorado, Illinois, Kansas, Missouri, Nebraska, Oklahoma and Texas
- have a state ID, driver’s license, or learner’s permit. If you do not have these forms of identification, please contact a nearby branch for more information about forms of identification accepted in branch.