CDs

CDs are a great way to watch your money grow

You can choose to invest funds for specific periods – from as short as 90 days to five years – at a fixed interest rate and have a sense of security in knowing exactly what you’ll be receiving in interest. American Bank CDs earn a guaranteed competitive fixed rate of interest, compounded daily, from the day of deposit to the day of withdrawal. Plus, you can open your CD with as little as $500.

• FREE access to Online Banking¹
• A guaranteed, competitive fixed rate of interest and earnings
• A choice of term lengths – from 90 days to 5 years
• A low minimum deposit requirement
• Flexible interest payment method

¹ Internet service provider charges apply

• Minimum Deposit – $5,000
• Maximum Deposit - $1,000,000                                                                      
• 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 6 Month term at the then current non-promotional rate. 
• FREE access to Online Banking¹
• IRAs, Coverdell Education Savings accounts, Trusts, Brokered Deposits, Business Entities, 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

Apply Now

Account Disclosures

• 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

Apply Now

Account Disclosures

• Minimum Deposit - $500
• Minimum Deposit for IRAs - $250
• Interest is compounded daily & earned on the daily balance
• Penalties may apply for early withdrawal
• Instant Access CDs are not available for IRAs 
• Fees may reduce earnings on the account
• Rates are subject to change at any time without notice

Apply Now

Account Disclosures