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Financial Calculator & Educators
American Bank
offers exceptional rates on our IRA certificates. Choose from a variety
of terms from 90 days to five years. IRA's are one of the best ways to
plan for you future. You may purchase an IRA certificate of deposit for
$250 or more or you may open an IRA Statement Savings account with a minimum
of $100 and make additional contributions at any time. In addition to
a high yield, the interest that you earn is tax deferred and your contributions
may be tax deductible. We recommend you consult your tax advisor as to
deductibility and to help you choose which IRA is best for you.
American Bank makes it easier than ever to establish an IRA account;
just click Inquire Online to complete our
easy, online inquiry form and an American Bank personal banking representative will contact
you regarding your inquiry within 2 business days! In addition to this, American Bank Traditional, Roth and Coverdell Education IRA
accounts also receive:
High
deposit rates Interest that compounds daily Low minimum deposit requirements FDIC insurance No annual maintenance fees