Online Banking Sign On

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

Special Promotion - Certificate of DepositAnnual Percentage Yields (APY) current as of November 28, 2022
Term Interest Rate APY
14 Month 3.44% 3.50%
  • 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

Apply Now

Account Disclosures

Certificates of DepositAnnual Percentage Yields (APY) current as of November 28, 2022
Term Interest Rate APY
120 Day Instant Access 0.25% 0.25%
90 Day 0.75% 0.75%
182 Day 1.00% 1.01%
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%
  • 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