Premium Statement Savings Promotion

Premium Statement SavingsAnnual Percentage Yields (APY) current as of May 28, 2024
Tiers Interest Rate APY*
$0.00 - $4,999.99 0.40% 0.40%
$5,000.00 and above 1.83% 1.85%
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  • The account must be opened with a minimum of $5,000.00 in new moneyfunds 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  • This offer is subject to change and may be withdrawn at any time without notice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 (
6 Software purchase required

Note: Bill pay is not available for this account; additionally, debit card access is limited to PIN-based transactions