American Bank Savings Accounts Rates

The American Bank Savings Accounts rates are from a bank that opened their doors in Corpus Christi in 1970. Today, they have expanded their operations to include the greater Austin area, along with Padre Island, Port Aransas, Alameda, and Saratoga, Texas.

The America Bank Savings rates are currently at an APY of 0.05%. The official name of this account is the American Savings Account. There is no monthly fee if the daily balance is maintained over $500, or else a $3 month fee is charged to the account. It does require a minimum deposit of $100 to open the account. You are also allowed two withdrawals per month without a charge. If you surpass 6 withdrawals a month, there is an additional fee assessed against the account.

Then, there are the America Bank Money Market rates which also have the best Savings account rates  being offered by the American Savings Bank. This account is set up in a tiered format. The minimum deposit levels include $100, $50,000, and $100,000. The corresponding APYs these amounts can earn you are 0.05%, 0.05%, and 0.10% respectively.

This MMA account has a $15 monthly service fee for all accounts that do not maintain a daily balance of $2,500. All accounts over that amount are not charged a monthly fee. You can access your funds up to 6 times a month with a debit card with no fee. Any additional withdrawals will be subjected to a fee being charged to the account.

These are the current America Savings rates that were posted on March 23, 2013, but are subject to change without notice.

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