We look forward to helping you and will be reaching out soon.
All American Bank locations will close Thursday, November 26, for Thanksgiving. Shoreline and Uptown lobbies will be closed Friday, November 27, with Uptown’s Motor Bank open Friday 9am – 4pm. All other American Bank locations will be open normal business hours on Friday.
Before visiting a branch, check our BRANCH CHANGES page for the latest information on branch availability. Face coverings are required to enter any American Bank facility.
Personal Savings Accounts
Save today. Enjoy tomorrow.
Saving couldn’t be simpler with American Bank. Choose an account based on convenience, earnings potential and your current and future needs, then establish regular auto-transfers from your American Bank checking account to increase your savings.
Every account comes with free access through 24-Hour Bank-By-Phone, Online Banking, Mobile Banking and Text Banking service. Learn more about each savings plan in the chart below and decide which one is right for you.
Personal Savings Plans
American Money Market
Basic account designed to help you reach your savings goals
Savings program for age 17 or younger
(Requires an immediate family member with an American Bank account to also sign on the account)
Money market with competitive interest rate and limited check writing
Free initial Check Card with no charge for transactions at American Bank ATMs
To Waive Maintenance Fee
Maintain daily balance of $500 or more
Maintain daily balance of $5 or more
Maintain daily balance of $2,500 or more
$3.50 per month
$3 per quarter
$15 per month
Two free withdrawals per month, then $3 each3
Three free per quarter, then $1 each3
Six free withdrawals per statement cycle, then $10 each3
Variable rate; paid monthly1, 2
Variable rate, paid quarterly1, 2
Tiered, variable rate; paid monthly1, 2
Minimum Opening Deposit
1Interest begins to accrue on the business day the bank receives credit for the deposit of noncash items such as checks.
2We 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.
3ATM, Point-of-Sale and debit card transactions are not counted as items for transaction charges. (Foreign ATM charges still apply as per the current schedule of fees.) During any month you may not make more than 6 withdrawals or transfers to another account or to a third party by means of a preauthorized or automatic transfer or telephone order or instructions, online transfer, or by check, draft, debit card or similar order. You may make unlimited in person or ATM withdrawals.
What sets us apart
Our experienced bankers are always available to discuss your plans and develop a customized solution based on the unique aspects of your situation. Our truly personal approach to service is what sets us apart. At American Bank, you don’t just open an account; you start a relationship, the way banking should be. We are committed to your success, and are here to act as your trusted advisor on all aspects of your financial life.