If you're one of those daredevils looking for financial thrills, keep looking. It's your hard-earned money, so safe, stodgy, and boring is the perfect approach! We've got several different paths to perfect peace of mind below.

Regular Share Savings
Every member at Montana 1st is required to deposit $5.00 into a Regular Share Savings account. The Share Account pays dividends that are accrued daily and paid monthly. The regular share account is a smart way to save. You can make deposits through payroll deduction or over the counter and build your savings gradually.

Montana Medical Savings
With rising Medical expenses, saving for everyday care is no longer a thing of the future. The Montana Medical Savings Account is somewhat similar to an Individual Retirement Account. A person may contribute up to $3,000 per plan year and the annual contribution can be deducted on the contributor’s Montana state income taxes. The funds can be disbursed for medical claims and any unused funds remain in the account and carry over year to year. So your money stays in the account and can be used to offset medical expenses incurred in the future. For more information contact your Financial Services Representative today.

Holiday Club Accounts
The Holiday Club is an account designed to help finance holiday expenses by saving throughout the entire year. The Holiday Club is available to all members at Montana 1st, and earns higher dividends than the Regular Shares Account. Holiday Account funds cannot be withdrawn prior to maturity without a penalty, so you are less tempted to use the monies prior to the holiday season.

Funeral Trust Accounts
Funeral Trust Accounts are just one more way to be financial secure into the future. With a Montana 1st Funeral Trust a representative of the funeral home of your choice becomes trustee of the account. The member who opens the trust will become the beneficiary of the account and therefore will be able to contract for the prepayment of funeral expenses. For details on this Trust account please speak with a Financial Services Representative today.

Coverdell Education Savings Accounts
Coverdell accounts are trusts created exclusively for the purpose of paying the qualified education expenses of the designated beneficiary of the trust. Coverdell Accounts have great tax advantages because they are exempt from federal taxation. For more information on Coverdell Savings Accounts contact your Financial Services Representative.

Youth Education Savings Accounts
Like the Coverdell accounts our youth education savings accounts are designed to save money in order to be ready for future education related expenses. Our youth savings accounts offer many advantages and complete control for both the trustee and the student to be. The youth savings accounts also pay a higher dividend than other savings accounts making saving for future expenses even more attractive. For more information contact your Financial Services Representative.

 

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Shares (Savings)

* Annual Percentage Yield. Early withdrawal penalites may apply. Rates subject to change without notice.