CD & IRA options
Maximize your savings with competitive interest rates in one of our long-term savings accounts. All accounts offer convenient mobile banking. To apply, fill out our Product and Services application(Opens in a new Window) and stop by your local branch. To find out more, contact your banker.
certificates of deposit
individual retirement accounts
We offer certificate of deposits (CDs) that vary in terms from 90 days to five years. All CDs have fixed rates.
- Wide range of terms
- Competitive fixed rates
- Minimum opening deposit of $500
- CDs are subject to early withdrawal penalties
American Bank offers three Individual Retirement Account (IRA) plans: Traditional, Roth and SEP. IRAs are specifically designed to grow your money faster and keep your investment secure. Please consult a tax advisor or legal professional for guidance on how IRAs may fit into your retirement strategy and whether an IRA may be the right choice for you.
- Minimum opening deposit of $500 required for all accounts
- IRAs are subject to early withdrawal penalties
- Fixed and variable options are available
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