American Bank
American Bank considers itself a "nationwide" community bank that serves its customers throughout the country from their headquarters in Allentown, Pennsylvania. American Bank's best deposit accounts are the American e-Checking account and certificate of deposit accounts.
e-Checking Account Rates
| Balance | APY |
|---|---|
| $0-$9,999 | 0.75% |
| $10,000+ | 0.35% |
Rates as of 3-9-12. $100 minimum balance required to open. $1,000 average daily balance in account required to avoid fee of $5.00 per month. APY = Annual Percentage Yield
Certificate of Deposit (CD) Rates (More Info)
| Term | APY |
|---|---|
| 3 Month | 0.25% |
| 6 Month | 0.30% |
| 1 Year | 0.55% |
| 2 Year | 0.80% |
| 3 Year | 1.10% |
| 4 Year | 1.30% |
| 5 Year | 1.60% |
Rates as of 3-9-12. $500 minimum deposit required to open. APY = Annual Percentage Yield
American Bank Reviews
Review from usLee
"Having use this bank for near 10-years. Very satisfied with it. Especially the online bill payment. ..."
Read More American Bank Reviews >>
Contact
www.pcbanker.com
(888) 366-6622
Account Notes
The American e-Checking account can be opened with a $100 minimum balance. There is a maintenance service charge of $5.00 that will be assessed when the average daily balance for the statement cycle falls below $1,000. The checking account comes with features such as ATM rebates of up to $6.00 per statement cycle when your account has an average daily balance of $1,000 or more on the date the transaction posts to your account; free first order of 50 checks; free unlimited online bill payment; and free ATM or Visaź Check Card.
The American Bank Certificates of Deposit require a Minimum Deposit of $500.