A unique hybrid account is offered by Frost Bank

An online spending and savings account was introduced recently by Frost Bank, the banking, investments and insurance subsidiary of Cullen/Frost Bankers Inc., a financial holding company headquartered in San Antonio. The new product is to be known as Frost Momentum and provides consumers with the ability to manage their total finances as they use their debit cards for day-to-day transactions.

With the Frost Momentum account customers are enabled to create personalized folders for their savings goals and to earmark funds to meet those goals. A budget tracking tool provides account holders low-balance alerts electronically.

“At a time when people are looking for new ways to make their money go farther, our Frost Momentum account can help them save and spend more wisely,” says Bobby Berman, Frost group executive vice president of E-commerce. “Frost Momentum puts a Frost customer’s financial picture into clearer focus because it’s a unique hybrid account that brings savings and spending together for greater ease, convenience and organization to personal money management.”