All American Savings

Money comes and money goes. The trick to saving is having more come than go. An All American Savings account can help you with that.

Set aside funds in this designated account separate from your checking so you're less likely to spend it. Plus, you're earning a competitive rate of interest so your balance can continue to grow. Whether you're saving for something in particular or building a "just in case fund," this can do the trick.

  • $50 to open and minimum balance
  • Must maintain a minimum average daily balance of $50 to obtain the disclosed APY.
  • Interest compounded and paid quarterly
  • $10 service charge waived if $50 average daily balance is maintained for the quarterly cycle
  • No minimum balance required if under 18 years of age
  • Unlimited ATM and teller withdrawals; preauthorized transfers or withdrawals limited to 6 per month per federal regulation*
  • Visa® ATM/Debit card
  • Over 33,000 surcharge-free ATMs through the MoneyPass Network
  • Complimentary online banking and eStatements
  • Complimentary 24-Hour Telephone Banking
  • No charge at American Bank ATMs
  • A $1 fee will be charged for transfers, withdrawals, and balance inquiries when you use an ATM not owned by American Bank, an ATM not owned by Lucky Seven General Stores or an ATM not in the Money Pass network.
*Withdrawals made at ATMs or in person are unlimited. Federal regulations limit the number of preauthorized withdrawals or transfers to 6 per month, including those made by check, draft, debit card or similar order to third parties. Any transaction in excess of limit will be charged $1 per transaction and may result also in account closure, change of account type, termination of transfer capability or other remedial action.



All Seasons Savings

Saving up a lot of money may not seem easy, but we know the secret. You just deposit a little at a time...and do it a lot of times! Make regular deposits all year and you'll be able to afford that special something before you know it.

Whether you're saving for holiday spending, to pay for a special vacation, or need to pay for that new kitchen, this free interest bearing account can make it easy.


What Are You Saving For?

Choose your savings goal, and we will distribute your entire balance to you on the designated date.
  • Vacation: receive funds on 1/31
  • Home Improvement: receive funds on 4/30
  • School Shopping: receive funds on 7/31
  • Holiday Club: receive funds on 10/31
*A $25 early withdrawal fee will be imposed.



IRA Savings

Start building a brighter future without sacrificing your present. This flexible interest bearing account helps you save for retirement while still offering you anytime access to your money when you need it.

There's no monthly fee, minimum balance requirement, or penalty for accessing your funds. Just a convenient way to save, so your golden years are the best they can be.

  • $25 minimum opening balance
  • No minimum balance after account is opened 
  • Earn interest on entire balance
  • Interest compounded and paid quarterly
  • No monthly fee
  • No average daily balance requirement
  • Complimentary online banking and eStatements
  • Complimentary 24-Hour Telephone Banking



Health Savings Account (HSA)

Keep both your body and your finances healthy. This interest bearing account helps you save for future medical costs, so going to the doctor doesn't break the bank.

Set aside funds while enjoying tax benefits that help you make the most of every dollar. You can access your funds easily by writing a check, visiting a branch or using your Visa® debit card, so your money is always available when you need it.

  • No minimum opening balance
  • Save for future healthcare costs
  • Earn interest on entire balance
  • Tax-free contributions and distributions*
  • Use funds on any qualified medical expense
  • No "use it or lose it" rule
  • Transferable to next job
  • High deductible health plan (HDHP) required
  • $25 annual administrative fee**
  • Visa® Debit card (point of sale access only, pin number not available)
  • Paper checks available
  • Complimentary online banking and eStatements
  • ePay available
 
*Please consult with your tax adviser regarding tax treatment of contributions, withdrawals, and earnings.
**If the account is opened after June 30th, the initial fee will be prorated to $12.50.