Personal Savings & Investments

We offer a variety of personal savings and investments accounts. Take a look at the features and choose the one that best fits your needs.

Find the Best Product for You

All American Bank of Freedom personal savings accounts include these Key Perks:

Account Comparison

Account

Interest

Monthly Service Charge

Minimum to Open

Additional Points

Regular Savings

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  • $5 per statement cycle if balance falls below $50
  • 18 free transactions each statement cycle, $2.00 each transaction thereafter

$100

  • Interest compounds quarterly
  • Interest begins to accrue on the business day you deposit non-cash items
  • Competitive interest

Christmas Club

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No

$0

  • Deposit any amount
  • Checks mailed each October
  • Competitive interest
  • No withdrawals allowed before maturity date, if so, no interest will be accrued or paid

Rewards Christmas Club

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No

$10

  • Checks mailed each October
  • Competitive interest
  • Minimum of $10 transfer from your checking or savings account
  • No withdrawals allowed before maturity date, if so, no interest will be accrued or paid

Money Market *

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  • $10 per statement cycle if balance falls below $1,000
  • 6 free third party transactions each statement cycle, $5.00 each transaction thereafter

$1,000

  • Interest compounds monthly
  • Interest begins to accrue on the business day you deposit non-cash items
  • Competitive interest
  • See below for further information regarding rates & fees.*

Certificate of Deposit - CD **

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Does not apply

$1,000

  • Low-risk investment with several terms and options to meet your needs
  • See below for further information regarding rates & fees. **

Individual Retirement Account - IRA (CD)

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Free

$500

  • May receive tax deduction

Individual Retirement Account - IRA (Savings)

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Free

$100

  • May receive tax deduction

*American Bank of Freedom may offer Special Money Market Accounts from time to time. Minimum Balances, Service Charges and Rate Schedules may vary on these accounts. Contact your favorite branch for details.

** American Bank of Freedom may offer Special Certificate of Deposit (CD) Accounts from time to time. The Minimum Balance and Service Charges may vary on these accounts. Contact your favorite branch for details.

Important information about procedures for opening a new account:

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you:

When you open an account, we will ask for your name, address, date of birth, and other personal information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Learn More About Personal Banking & Deposit Accounts

Consumer Deposit Blogs & Financial Classes

Invest in your Financial Future

Questions You Should Ask Before Opening a Bank Account

Generational Banking

How your Bank Account will change between age 20 and 60

Checking Accounts

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Mobile & Online Banking

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Preventing Overdraft Fees

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Identity Protection

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Healthy Financial Habits

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Budgeting for Families

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