At Bank of Montserrat Limited, we believe that everyone deserves access to secure and reliable banking services. That’s why we’re proud to introduce the First Step Savings Account, a new offering developed in partnership with the Eastern Caribbean Central Bank (ECCB) and the Eastern Caribbean Currency Union (ECCU).

This account is designed specifically to make banking more accessible for individuals who have never had a bank account. It’s simple, affordable, and packed with essential features to help you manage your money, start saving, and enjoy the convenience of modern banking.

For too long, many in our community have faced challenges opening and maintaining a bank account. Whether due to high fees, minimum deposit requirements, or complex processes, banking has often felt out of reach for some. The First Step Savings Account removes those barriers.

No opening fee – Get started at no cost.
No minimum deposit required – Open your account with any amount.
Interest on your savings – Grow your money while you save.
Full access to modern banking services, including:
Point of Sale (POS) transactions
Bill payments
ABM (ATM) services
Electronic Funds Transfers (EFTs)
E-Commerce purchases

This account is available to individuals across the ECCU who do not currently own a bank account in Montserrat or anywhere else within the region. It’s your chance to build a relationship with the formal banking system and take control of your financial future.

Getting started is simple. Just bring:

One (1) valid government-issued ID
Proof of address
Proof of source of funds

Visit the Bank of Montserrat in Brades with your documents, and our friendly team will guide you through the quick application process.

The First Step Savings Account is part of a larger regional initiative to promote financial inclusion. By making banking accessible to everyone, we’re helping individuals and families save securely, participate in the digital economy, and improve their overall quality of life.

At Bank of Montserrat Limited, we’re committed to empowering our customers and strengthening our community. The First Step Savings Account is exactly what its name suggests: a starting point for a stronger financial future.

Don’t wait any longer to start your journey towards financial independence. Visit us in Brades today to open your First Step Savings Account.

For more information, call us at 664-491-3843 or email info@bankofmontserrat.ms.