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