Truth-in-Savings Disclosure

Forever Free Checking (No-Interest Checking)

Minimum balance to open account – The minimum balance to open this account is $1.00.
No monthly maintenance service charge, forever, as long as the account remains open.
No minimum balance required, forever, as long as the account remains open.
Rate information – This is a non-interest bearing account.
ATM Rebates - When your average daily balance is $200.00 or more on the date that the ATM withdrawal posts to your account, your account will receive an ATM rebate of up to $4.75 per transaction that the ATM owner/operator charged, with a maximum rebate of $10.00 during that statement cycle. This applies to ATM withdrawals within the United States. Rebates for ATM transactions outside of the United States will be calculated based upon conversion to U.S. dollars of the amount of the ATM withdrawal plus any applicable fee.
Account limitations – There are no account limitations on this account.
Statement charge – Electronic or paper statements are available at no charge.
Fees – Please refer to “Other Fees & Charges Disclosure” for additional information about applicable fees and charges.

American Gold Checking (Interest Checking)

Minimum balance to open account – The minimum balance to open this account is $1.00.
No monthly maintenance service charge.
No minimum balance required to obtain the annual percentage yield (APY) disclosed.
Rate information – This is a tiered-rate account. Your interest rate and annual percentage yield may change. For tier information, refer within this disclosure to section entitled “Your Account”.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest is compounded daily and credited to your account each month.
Balance computation method – We use the daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits – Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Account limitations – This account is available to individuals age 50+.
Statement charge – Electronic or paper statements are available at no charge.
Fees – Please refer to “Other Fees & Charges Disclosure” for additional information about applicable fees and charges. Fees may reduce earnings.

American Bank e-Checking (Interest Checking)

Minimum balance to open account – The minimum balance to open this account is $1.00.
No monthly maintenance service charge.
No minimum balance required to obtain the annual percentage yield (APY) disclosed.
Rate information – This is a tiered-rate account. Your interest rate and annual percentage yield may change. For tier information, refer within this disclosure to section entitled “Your Account”.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest is compounded daily and credited to your account each month.
Balance computation method – We use the daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits – Interest begins to accrue on the business day you deposit noncash items (for example, checks).
ATM Rebates – When your average daily balance is $1,000.00 or more on the date that the ATM withdrawal posts to your account, your account will receive an ATM rebate of up to $4.75 per transaction that the ATM owner/operator charged, with a maximum rebate of $10.00 during that statement cycle. This applies to ATM withdrawals within the United States. Rebates for ATM transactions outside of the United States will calculated based upon conversion to U.S. dollars of the amount of the ATM withdrawal plus any applicable fee.
Account limitations – There are no account limitations on this account.
Statement charge – Electronic statements are available at no charge. A monthly service fee will be charged for paper statements.
Fees – Please refer to “Other Fees & Charges Disclosure” for additional information about applicable fees and charges. Fees may reduce earnings.

Health Savings Account (HSA)

Minimum balance to open account – The minimum balance to open this account is $1.00.
No monthly maintenance service charge.
No minimum balance is required to obtain the annual percentage yield (APY) disclosed.
Rate information – This is a tiered-rate account. Your interest rate and annual percentage yield may change. For tier information, refer within this disclosure to section entitled “Your Account”.
Frequency of rate changes – We may change the interest rate on your account at any time.
Compounding and crediting frequency – Interest is compounded daily and credited to your account each month.
Balance computation method – We use the daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits – Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Transaction limitations – This account is used in conjunction with a high deductible health plan (HDHP). Funds deposited into this account are used to pay certain medical expenses. The HSA is subject to various contribution, transaction and distribution limitations as imposed by the Internal Revenue Service. You may make regular and catch-up contributions, if applicable, any time for a taxable year up to and including your federal income tax return due date, excluding extensions, for that taxable year. If the tax year is not designated in writing, the current year in which the contribution is received shall apply. Refer to your plan disclosure for additional information. Withdrawals from this account, including ACH withdrawals and wire transfers will be treated as a distribution. Fees assessed on this account will not be reported as a distribution.
Account limitations – Automatic or telephone transfers; PC transfers (including other personal computing devices); ATM card and debit card access are not available for this account.
Statement charge – Electronic or paper statements are available at no charge.
Fees – Please refer to “Other Fees & Charges Disclosure” for additional information about applicable fees and charges. Fees may reduce earnings.

Statement Savings

Minimum balance to open account –The minimum balance to open this account is $1.00.
No monthly maintenance service charge.
No minimum balance required to obtain the annual percentage yield (APY) disclosed.
Rate information – This is a variable rate account. Your interest rate and annual percentage yield may change. For rate information, refer within this disclosure to section entitled “Your Account”.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest is compounded daily and credited to your account each month.
Balance computation method – We use the daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits – Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Account limitations – Bill pay is not available for this account. ATM card and debit card access is limited to PIN-based transactions.
Statement charge – Electronic or paper statements are available at no charge.
Fees – Please refer to “Other Fees & Charges Disclosure” for additional information about applicable fees and charges. Fees may reduce earnings.

IRA Statement Savings (Includes Traditional & Roth IRAs, Coverdell Education)

Minimum balance to open account – No minimum balance is required to open a Coverdell Education, Roth IRA or Traditional IRA Statement Savings.
No monthly maintenance service charge.
No minimum balance required to obtain the annual percentage yield (APY) disclosed.
Rate information – This is a tiered-rate account. Your interest rate and annual percentage yield may change. For tier information, refer within this disclosure to section entitled “Your Account”.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest is compounded daily and credited to your account each month.
Balance computation method – We use the daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits – Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Transaction limitations – You may make regular and catch-up, if applicable, contributions any time for a taxable year up to and including your federal income tax return due date, excluding extensions, for that taxable year. The due date for most taxpayers is April 15th. If the tax year is not designated in writing, the current year in which the contribution is received shall apply.
Account limitations – Bill pay, checks, drafts, automatic or telephone transfers; PC transfers (including other personal computing devices), ATM card and debit card access are not available for this account.
Statement charge – Electronic or paper statements are available at no charge.
Fees – Please refer to “Other Fees & Charges Disclosure” for additional information about applicable fees and charges. Fees may reduce earnings.

e-Money Market

Minimum balance to open account – The minimum balance to open this account is $1.00.
No monthly maintenance service charge.
No minimum balance required to obtain the annual percentage yield (APY) disclosed.
Rate information – This is a tiered-rate account. Your interest rate and annual percentage yield may change. For tier information, refer within this disclosure to section entitled “Your Account”.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest is compounded daily and credited to your account each month.
Balance computation method – We use the daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits – Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Account limitations – Bill pay, ATM card and debit card access are not available on this account.
Statement charge – Electronic statements are available at no charge. A monthly service fee will be charged for paper statements.
Fees – Please refer to “Other Fees & Charges Disclosure” for additional information about applicable fees and charges. Fees may reduce earnings.

Premium Money Market

Minimum balance to open account – The minimum balance to open this account is $1.00.
No monthly maintenance service charge.
No minimum balance required to obtain the annual percentage yield (APY) disclosed.
Rate information – This is a tiered-rate account. Your interest rate and annual percentage yield may change. For tier information, refer within this disclosure to section entitled “Your Account”.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest is compounded daily and credited to your account each month.
Balance computation method – We use the daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits – Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Account limitations – Check writing and bill pay are not available on this account.
Statement charge – Electronic or paper statements are available at no charge.
Fees – Please refer to “Other Fees & Charges Disclosure” for additional information about applicable fees and charges. Fees may reduce earnings.

Certificate of Deposit (CD) (Includes Personal & Business CDs, Traditional & Roth IRAs and Other Tax Qualified Plans)*

* See your plan disclosure if this account is part of a Traditional IRA, Roth IRA, or Coverdell Education or other tax qualified plan. Retirement Accounts are subject to various contribution, transaction and distribution limitations as imposed by the Internal Revenue Service. You may make regular and catch-up (if applicable) contributions any time for a taxable year up to and including your federal income tax return due date, excluding extensions, for that taxable year. The due date for most taxpayers is April 15th. If the tax year is not designated in writing, the current year in which the contribution is received shall apply.

Please see Rate Sheet for interest rate and annual percentage yields available for Non-Retirement and Traditional IRA, Roth IRA and Coverdell Education Certificates of Deposit (CDs).

Rate information (fixed rate account) – The interest rate on your account is _____ % with an annual percentage yield of _____ %. You will be paid this rate until first maturity.
Rate information (variable rate account) – The interest rate on your account is _____ % with an annual percentage yield of _____ %.
Frequency of rate changes (variable rate account) – We may change the interest rate on your account at any time.
Determination of rate (variable rate account) – At our discretion, we may change the interest rate on your account.
Compounding and crediting of interest – Interest begins to accrue on the day you open or renew a CD; provided that the renewal is made during the applicable grace period, in which case interest on the renewed CD begins to accrue as of the maturity date. If an additional deposit of cash, check or any other noncash item is being made to the CD at maturity or within the grace period, this deposit will begin to accrue interest as of the date of that additional deposit. On all Fixed Rate, Instant Access and Variable Rate CDs, interest will be compounded daily and credited monthly, with the final interest credited when your CD matures.
Withdrawal of interest prior to maturity – You may withdraw all or part of the accrued interest credited to your CD at any time. As an alternative, you may have the interest credited to your American Bank checking, savings, or money market account monthly, quarterly, semi-annually, or annually and will be determined upon the term of the CD. The annual percentage yield assumes interest will remain on deposit, in the CD, until maturity. A withdrawal will reduce earnings. Other options may be available for IRA CDs. Please ask for more details.
Minimum balance to open the accounts – You must deposit $500.00 to open a CD and $250.00 to open a Traditional IRA, Roth IRA or Coverdell Education CD.
Balance computation method – We use the daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal plus accrued interest remaining in the account each day.
Accrual of interest on noncash deposits – Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Transaction limitations – You may not make any additional deposits into your account before maturity. You may not make withdrawals of principal from your account before maturity without penalty. There is a 10-day grace period after each renewal date during which withdrawals are permitted without penalty. You may withdraw interest any time during the term after it is credited to your account without penalty. The annual percentage yield assumes interest will remain on deposit. A withdrawal will reduce earnings.
Time requirements – Your account will mature _______________ .
Early withdrawal penalties – A penalty may be imposed for withdrawal before maturity, whether such withdrawal occurs voluntarily (made by you) or involuntarily (such as by our set off against funds in the account or as a result of an attachment or other legal process). We may close your account and impose the early withdrawal penalty on the entire account balance in the event of a partial early withdrawal.

The terms of your CD obligate you to leave the funds on deposit with us until the maturity date of your renewed CD, except the Instant Access CD. Any withdrawal which we permit during the first 7 days of the initial term of an Instant Access CD, or prior to the maturity date of any other CD, may be subject to a financial penalty. We will apply an exception in cases of death or legal incapacity of any owner of the CD. Additional exceptions may apply for Traditional and Roth IRAs. Please contact us with any questions.

Early Withdrawal Penalty for New or Renewing CDs

One (1) year or less: You will be charged a penalty, in an amount equal to 90 days’ simple interest on the amount withdrawn. Penalties are calculated at the rate being paid on the deposit at the time of the withdrawal, regardless of the length of time the funds have remained on deposit. Where necessary, any funds needed to complete the penalty shall be deducted from the principal remaining in the account.

More than one (1) year but less than three (3) years: You will be charged a penalty, in an amount equal to 180 days’ simple interest on the amount withdrawn. Penalties are calculated at the rate being paid on the deposit at the time of withdrawal, regardless of the length of time the funds have remained on deposit. Where necessary, any funds needed to complete the penalty shall be deducted from the principal remaining in the account.

Three (3) years or more: You will be charged a penalty, in an amount equal to 365 days’ simple interest on the amount withdrawn. Penalties are calculated at the rate being paid on the deposit at the time of withdrawal, regardless of the length of time the funds have remained on deposit. Where necessary, any funds needed to complete the penalty shall be deducted from the principal remaining in the account.

Grace Period - You will have a grace period of 10 days after maturity to withdraw funds without penalty. Interest will be paid to you during the grace period.

Instant Access CD - An Instant Access CD permits immediate withdrawal without penalty after the first 7 days following initial purchase. Any withdrawal that we permit during this first 7-day period will be subject to a penalty equal to 90 days' simple interest on the amount withdrawn. Where necessary, any funds needed to complete the penalty shall be deducted from the principal remaining in the account. Partial withdrawals are not permitted.

Renewal Policy – All automatically renewable Fixed Rate, Variable Rate, and Instant Access CDs will renew into the same type CD for additional periods of the same term, unless you:

notify us during the grace period which is 10 days after maturity that you wish to redeem your CD; or
notify us prior to the original or any subsequent maturity date that you wish to redeem your CD at maturity; or
receive a written notice from us notifying you that we have decided to not renew your deposit at maturity.

We reserve the right on automatically renewable CDs to change the interest rate and annual percentage yield for any subsequent renewal period(s) to be equal to the interest rate and annual percentage yield we are offering at such time for our CDs with like amounts and maturities.

All automatically renewable CDs renew under the terms of the applicable Account Agreement in effect on the renewable date.

YOUR ACCOUNT

You have opened or inquired about this account. Further details about these accounts are inside this disclosure. If the interest rates and the annual percentage yields are not filled in, please see the Rate Sheet that is provided with this disclosure or your periodic statement. You may also call 610.366.1800 or 888.366.6622 for additional information regarding our current rates.

FOREVER FREE CHECKING
Rate information: (no interest earned on account balances)

AMERICAN GOLD CHECKING
Rate information:
Tier 1 – If your daily balance is $0.00 to $999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 2 – If your daily balance is $1,000.00 to $9,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 3 - If your daily balance is $10,000.00 to $24,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 4 – If your daily balance is $25,000.00 to $49,999.99, the interest rate paid on the entire balance in your account will be ____% with an annual percentage yield of _____%.
Tier 5 – If your daily balance is $50,000.00 to $99,999.99, the interest rate paid on the entire balance in your account will be ____% with an annual percentage yield of _____%.
Tier 6 – If your daily balance is $100,000.00 and above, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of ____%.

AMERICAN e-CHECKING
Rate information:
Tier 1 – If your daily balance is $0.00 to $999.99, the interest rate paid on the entire balance will be _____% with an annual percentage yield of _____%.
Tier 2 – An interest rate of _____% will be paid only for that portion of your daily balance that is greater than $999.99, but less than $10,000.00. The annual percentage yield for this tier will range from _____% to _____%, depending on the balance in the account.
Tier 3 – An interest rate of _____% will be paid only for that portion of your daily balance that is greater than $9,999.99, but less than $25,000.00. The annual percentage yield for this tier will range from _____% to _____%, depending on the balance in the account.
Tier 4 – An interest rate of _____% will be paid only for that portion of your daily balance that is greater than $24,999.99, but less than $50,000.00. The annual percentage yield for this tier will range from _____% to _____%, depending on the balance in the account.
Tier 5 – An interest rate of _____% will be paid only for that portion of your daily balance that is greater than $49,999.99, but less than $100,000.00. The annual percentage yield for this tier will range from _____% to _____%, depending on the balance in the account.
Tier 6 – An interest rate of _____% will be paid only for that portion of your daily balance that is greater than $99,999.99. The annual percentage yield for this tier will range from _____% to ____%, depending on the balance in the account.

HEALTH SAVINGS ACCOUNT
Rate information:
Tier 1 – If your daily balance is $0.00 to $999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 2 – If your daily balance is $1,000.00 to $4,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of ____%.
Tier 3 – If your daily balance is $5,000.00 to $9,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 4 – If your daily balance is $10,000.00 to $14,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 5 – If your daily balance is $15,000.00 and above, the interest rate paid on the entire balance in your account will be ____% with an annual percentage yield of _____%.

STATEMENT SAVINGS
Rate information:
The interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.

IRA STATEMENT SAVINGS
(Includes Traditional & Roth IRAs, Coverdell Education)
Rate information:
Tier 1 – If your daily balance is $0.00 to $999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 2 – If your daily balance is $1,000.00 to $9,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 3 – If your daily balance is $10,000.00 to $24,999.99, the interest rate paid on the entire balance in your account will be ____% with an annual percentage yield of ____%.
Tier 4 – If your daily balance is $25,000.00 to $49,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of ____%.
Tier 5 – If your daily balance is $50,000.00 to $99,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 6 – If your daily balance is $100,000.00 and above, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.

e-MONEY MARKET
Rate information:
Tier 1 - If your daily balance is $0.00 to $24,999.99, the interest rate paid on the entire balance in your account will be ____% with an annual percentage yield of _____%.
Tier 2 – If your daily balance is $25,000.00 to $99,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 3 – If your daily balance is $100,000.00 to $999,999.99, the interest rate paid on the entire balance in your account will be __ % with an annual percentage yield of _____%.
Tier 4 – If your daily balance is $1,000,000.00 to $2,499,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 5 – If your daily balance is $2,500,000.00 and above, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.

PREMIUM MONEY MARKET
Rate information:
Tier 1 - If your daily balance is $0.00 to $24,999.99, the interest rate paid on the entire balance in your account will be ____% with an annual percentage yield of _____%.
Tier 2 – If your daily balance is $25,000.00 to $99,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 3 – If your daily balance is $100,000.00 to $999,999.99, the interest rate paid on the entire balance in your account will be __ % with an annual percentage yield of _____%.
Tier 4 – If your daily balance is $1,000,000.00 to $2,499,999.99, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.
Tier 5 – If your daily balance is $2,500,000.00 and above, the interest rate paid on the entire balance in your account will be _____% with an annual percentage yield of _____%.

CERTIFICATE OF DEPOSIT
(See our Rate Sheets for more information)

Rev 01.23