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

Certificates of DepositAnnual Percentage Yields (APY) current as of August 12, 2022
Term Interest Rate APY
120 Day Instant Access 0.15% 0.15%
90 Day 0.15% 0.15%
182 Day 0.20% 0.20%
9 Month 0.20% 0.20%
12 Month 0.35% 0.35%
18 Month 0.35% 0.35%
24 Month 0.35% 0.35%
30 Month 0.35% 0.35%
36 Month 0.45% 0.45%
48 Month 0.45% 0.45%
60 Month 0.50% 0.50%
  • 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

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Account Disclosures