Start Saving Your Way
Saving money is a skill you need at any age. But an effective savings strategy requires you have the right savings account. At American Community Bank & Trust, we offer four savings account options, each with their own unique features and benefits:
- Savings Account
- Certificate of Deposit (CD)
- Individual Retirement Account (IRA) CD
- Money Market Account
No matter which savings account option you choose, our relationship bankers are here to answer your questions and help you save effectively. If you're interested in opening a savings account at American Community Bank & Trust, please complete our online inquiry form. A member of our team will review your submission and connect with you soon.
Savings Account Inquiry
American Community Bank & Trust Savings Account Options
Account Features | Savings | CD and IRA CD | Money Market |
|---|---|---|---|
Who this account is for... | Savers looking for a traditional savings account with a low opening balance requirement and options for students and children. | Savers looking to earn a higher interest rate ont their balance than what is typically found in traditional savings accounts. | Savers who can maintain a higher daily balance and want flexibility to access their money while continuing to earn interest. |
Opening Balance Requirement |
| $2,000 | $1,000 |
Maintenance Fee |
| Penalty for early withdrawal |
|
Mailed Statement Fee |
| N/A |
|
Benefits | Interest paid on all balances | Fixed interest rates for the term | Liquidity and convenience |
Features |
| CD terms: 60 days to 60 months IRA CD terms: 12 / 15 / 18 / 24 / 30 / 36 / 48 or 60 months |
|