UMB Savings Accounts
Savings accounts that help you reach your financial goals.
Our savings accounts are designed with features and benefits that help you take the next step in your financial journey. Not sure which account is right for you? We are happy to help.
UMB Savings Accounts
Saving accounts that help you reach your financial goals.
Our savings accounts are designed with features and benefits that help you take the next step in your financial journey. Not sure which account is right for you? We are happy to help.
Diverse options
Find the savings 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.
Review account details below. If you need assistance, have a UMB banker contact you.
UMB Savings
If you need a straightforward savings account that helps you earn interest while achieving your financial goals, try UMB Savings.
- Interest-bearing
- ATM card access
- Low-minimum balance monthly service fee waiver option
UMB Daily Investment Money Market
This unique account allows you to save funds at a competitive interest rate with some check writing and debit card access.
- Interest paid on tiered balances
- FDIC-insured
UMB Premium Savings
Our savings account with special rates for those with larger balances.
- Interest-bearing
- ATM card access
| UMB Savings | UMB Youth Savings | UMB Daily Investment Money Market | UMB Premium Savings | |
|---|---|---|---|---|
| Is it right for you? | A straightforward savings account to help you reach your goals. | An account opened in the name of a child to help them start financially strong. | An interest-bearing 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 | ||||
| Debit/ATM Card | ATM Card | ATM Card | Debit Card | ATM Card |
| 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.
Time Deposit Accounts (CDs)
If you’re interested in an account with a higher interest rate, a time deposit account may be right for you. This type of account locks in the funds for a set period of time with rates that are typically higher than that 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
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
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.
Account features
- Online account management
- Mobile check deposit
- One-on-one financial review
- Banking alerts
- Automatic transfers
- Direct deposit
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.