Holiday Closure Reminder: American Bank will be closed tomorrow, Wednesday, November 11, in observance of Veterans Day. Our ATMs and Mobile Banking remain available 24/7 for your convenience. Normal business hours will resume Thursday, November 12.
Where Your Business Reserves Work for You
Commercial Money Market
Our Commercial Money Market account is designed to help you grow your business savings while keeping funds accessible for unexpected opportunities or expenses. Whether you’re saving toward a specific goal or simply building your reserves, this account offers a secure place for your idle cash to earn interest.
- $5,000 minimum opening balance
- $5,000 minimum daily balance to avoid service charge
- Tiered Interest Rates
- Flexibility of easy access to your funds
Frequently Asked Questions
- Is my money secure? Is my money secure?
Yes. Deposits are insured by the FDIC up to the applicable limits. Contact us for more information or visit the FDIC website at https://edie.fdic.gov/calculator.html
- What are the current interest rates? What are the current interest rates? Interest rates vary by account type and market conditions. Contact us for current savings account rates and yields.