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CDs

Business CD Promotion

Special Promotion - Certificate of DepositAnnual Percentage Yields (APY) current as of April 27, 2024
Term Interest Rate APY
14 Month 4.40% 4.50%
  • Minimum Deposit – $500
  • Minimum Deposit for IRAs - $250                                                                   
  • New money only – New money is money that is not currently on deposit at American Bank; funds transferred from an existing American Bank account are not eligible
  • This promotion is for the initial term only. At maturity, the CD will automatically renew for the 12 Month term at the then current non-promotional rate. 
  • FREE access to Online Banking1
  • Trusts, Brokered Deposits, or Public Funds are not eligible to participate in this promotion
  • A penalty may be imposed for early withdrawal
  • Fees may reduce earnings on the account
  • Other rates and terms available upon request

Business CD Rates

Certificates of DepositAnnual Percentage Yields (APY) current as of April 27, 2024
Term Interest Rate APY
120 Day Instant Access 0.25% 0.25%
90 Day 0.75% 0.75%
182 Day 4.88% 5.00%
9 Month 2.32% 2.35%
12 Month 1.00% 1.01%
18 Month 1.00% 1.01%
24 Month 1.49% 1.50%
30 Month 1.49% 1.50%
36 Month 1.49% 1.50%
48 Month 1.98% 2.00%
60 Month 2.47% 2.50%
Learn More
  • Business entity must be owned and operated within Pennsylvania or New Jersey
  • Minimum Deposit - $500
  • Interest is compounded daily & earned on the daily balance
  • FREE access to Online Banking1
  • Penalties may apply for early withdrawal
  • Fees may reduce earnings on the account
  • Other terms and rates available upon request
  • Rates are subject to change at any time without notice

1 Internet service provider charges apply