| Tiers | Interest Rate | APY* |
|---|---|---|
| $0.00 - $4,999.99 | 0.40% | 0.40% |
| $5,000.00 and above | 1.83% | 1.85% |
- The account must be opened with a minimum of $5,000.00 in new money – funds transferred from an existing American Bank account are not eligible
- 1.85% APY is guaranteed on daily account balances of $5,000.00 or more through February 28, 2021. Daily account balances of less than $5,000.00 will earn the statement savings APY of 0.40%.
- Beginning March 1, 2021, the account balances will earn interest at the then-current rates offered.
- IRAs, Coverdell Education Savings Accounts, Trusts, Business Entities, Public Funds and Brokered Deposits are not eligible to participate in this offer
- This offer is subject to change and may be withdrawn at any time without notice
- No minimum balance required to earn the stated interest
- This is a tiered-rate account. The interest rate and APY may change following the promotional period without prior notice.
- Fees may reduce the earnings on the account
- No monthly maintenance service charge
- Other rates and terms available upon request
Plus…these additional benefits:
- FREE access to Online Banking1
- FREE access to Mobile Banking with Mobile Deposit2,3
- FREE incoming wires
- FREE Visa® Debit Card4 when account is added as a secondary account5
- Account may be used as overdraft protection for checking (limits apply)
- Statements – Electronic or paper statements available at no charge
- Download transactions at no charge to Quicken and MS Money3,6
1 Internet service provider charges apply
2 Mobile device and usage charges may be assessed by your carrier
3 Online Banking required
4 Overdraft Item fees may apply
5 Receive real-time alerts to monitor your Visa transactions; requires separate sign-up (purchasealerts.visa.com)
6 Software purchase required
Note: Bill pay is not available for this account; additionally, debit card access is limited to PIN-based transactions