American Bank offers interest-bearing accounts for businesses, so when you have extra cash available, it can be put to work for a day, a week, a month or longer. Keep it close for unexpected repairs or capital purchases. Consider sweeping extra funds into a savings account so you don’t need to worry about accumulating unused balances in your checking account.

Statement Savings Account

A good savings regimen can have you prepared for anything—and give you peace of mind. American Bank makes it easy to build a solid foundation for your business.

  • No monthly maintenance fee with $100 minimum balance
  • $3 monthly maintenance fee if balance falls below minimum
  • Interest earned daily, credited quarterly
  • ATM/Debit Card available
  • 6 pre-authorized debits per statement cycle
  • Unlimited in-person withdrawals
  • Free eStatements available
  • 24-Hour Banking
$50 minimum deposit to open

Certificates of Deposit (CDs)

Make the most of your money with CDs. Time deposits earn greater rates than savings yet maintain FDIC insurance. Choose the term length that suits your business plan. The money will grow all on its own.

  • Fixed rate of return
  • No maintenance fees
  • Terms from 6 months to 5 years
  • Penalties apply for early withdrawal
  • Automatic renewal at rate in effect at time of maturity*
  • 24-Hour Banking

$500 minimum deposit to open. Excludes promotional CD's
*CDs $100,000 and greater do not automatically renew.
Current Rates


Money Market

Maintain a $2,500 minimum account balance to waive monthly maintenance fees and activity fees.*

$2,500 minimum deposit to open account
*$10 monthly maintenance fee if balance not maintained

For more information, Contact Us.