Saving is essential to everyone at all life stages, and American State Bank wants to help you achieve your goals.
Having something in store for retirement, growing a family, travel, college, getting a new car or doing home repairs are just a few of the things for which we save. Listed below are the types of savings and money market accounts that we offer. We encourage you call us or come into a branch to learn more about which account is best for you and your goals.
Savings Account
- Minimum Opening Balance: $100.00
- Minimum Balance: $100.00
- Young Savers Minimum Opening and Minimum Balance: $25.00 (19 years or younger)
- Quarterly Service Charge: $5.00 if daily balance falls below the minimum balance any day of the statement cycle
- Interest: Interest is earned on daily balance. Each day your account maintains a minimum balance, you will earn interest as provided in your account disclosure for each statement cycle
- Withdrawals: An excess debit fee of $1.50 will be charged for each posted withdrawal or transfer, in excess of six (6) per statement cycle.
- Quarterly Statements: Image eStatements or mailed image statements
Digital Banking available
Money Market
- Minimum Opening Balance: $1,000.00
- Minimum Balance & Monthly Service Charge:
- $1,000.00 and above: No Service Charge
- $0.00-$999.99: $10.00
- Above charges applicable if daily balance falls below the minimum balance any day of the statement cycle
- Interest: Interest is earned on daily balance. Each day your account maintains a minimum balance, you will earn interest as provided in your account disclosure for each statement cycle
- Withdrawals: An excess debit fee of $10.00 will be charged for each posted, covered withdrawal or transfer in excess of six (6) per statement cycle
- Monthly Statements: Check Image eStatements or mailed check image statements
- Digital Banking available
American Advantage - Money Market
- Minimum Opening Balance: $10,000.00
- Minimum Balance & Monthly Service Charge:
- $10,000.00 and above: No Service Charge
- $0.00-$9,999.99: $10.00
- Above charges applicable if daily balance falls below the minimum balance any day of the statement cycle
- Interest: Interest is earned on daily balance. Each day your account maintains a minimum balance, you will earn interest as provided in your account disclosure for each statement cycle
- Withdrawals: An excess debit fee of $10.00 will be charged for each posted, covered withdrawal or transfer in excess of six (6) per statement cycle
- Monthly Statements: Check Image eStatements or mailed check image statements
- Digital Banking available
- Terms & Fees may change without prior notice
- Minimum balance required to avoid service charge and qualifications may apply. Account disclosures obtained when opening account contain complete account details
- See Schedule of Fees for other applicable charges
- Fees and other conditions may reduce the earnings on your account
- We may require not less than 7 days’ notice before each withdrawal from an interest-bearing account other than a time deposit or from any other savings account as described by Regulation D
- American State Bank limits the number of covered withdrawals and transfers to six (6) per calendar month or statement cycle. A covered withdrawal or transfer is one made with our bank or to a third party including preauthorized transfers, automatic transfers by phone, including fax or internet banking service (transfer or bill payment); or if made by check, ACH, debit card (point of sale) or similar order payable to third parties.
- *Interest Rates are subject to change without prior notice. For current interest rates call 1.866.579.7959.
- **APY = Annual Percentage Yield
Supporting the community is what we love.
See the different ways we support the community.