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Friday, August 29, 2008 |
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Business Savings Rates
Annual Percentage Yields (APY) current as
of
August 29, 2008
Business Statement Savings
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| Deposit
Amount |
Interest
Rate |
APY |
| $0 - $999.99 | 1.44% | 1.45% | | $1,000 - $9,999.99 | 1.44% | 1.45% | | $10,000 - $24,999.99 | 1.44% | 1.45% | | $25,000 - $49,999.99 | 1.44% | 1.45% | | $50,000 - $99,999.99 | 1.44% | 1.45% | | $100,000 - $999,999.99 | 1.44% | 1.45% | | $1,000,000 - $2,499,999.99 | 2.47% | 2.50% | | $2,500,000 or more | 2.71% | 2.75% |
- FREE real-time telephone and Internet access
- FREE telephone, electronic & automatic transfers between American Bank accounts (limits apply)
- $100 minimum balance required to open
- No minimum balance required to earn interest
- A monthly maintenance service charge of $5.00 will be assessed when the average daily balance for the statement cycle falls below $100
- Interest is compounded daily and earned on the daily balance based on a tiered-rate structure
- Rates are subject to change at any time
- Fees may reduce earnings
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| This page was retrieved at 1:10:16 AM on August 29, 2008 |
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