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Savings and Investments

When it comes to saving money, American Trust Bank has several options for our customers.  Depending on what and how you save, we will be able to help you.  

Select any of the items below to learn how you can make your money work for you.

Savings Accounts:  View the three savings account options we offer, and try our savings account calculator tools.  

Money Market Accounts: Money markets are a great way to save money while having access to your funds. 

Certificates of Deposit: Pick your term and lock in a great rate.

Individual Retirement Accounts (IRA): Save for retirement by choosing one of our IRA options.


 

Savings Account Options

American Trust Bank offers three savings account options that can help you save for the future. Click on the links below to learn more about these savings accounts, along with calculator tools that can assist you in finding the right saving program for you.  Just another way American Trust Bank does Right by You.  

 

Savings Account

Whether you have a specific savings goal or just want to start putting money aside, get started with this basic savings account.  

    • Interest credited quarterly.
    • Manage your money on the go with Internet Banking and Mobile Banking.   
    • $100 minimum to open.
    • $100 daily balance to avoid a $6 quarterly service charge.
    • Up to six (6) withdrawals allowed per statement cycle or similar four week period.  $2 for each withdrawal over six.

Calculator tools for Traditional Savings Account

Calculator

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Young American Savings Account

This account is a great way for children to start saving at an early age.

    • Must be 18 years old or younger to open this account.
    • Interest credited quarterly.
    • $25 minimum to open.
    • $25 daily balance to avoid a $3 quarterly service charge.
    • Up to six (6) withdrawals allowed per statement cycle or similar four week period.  $2 for each withdrawal over six.

Calculator tools for Young American Savings Account

Calculator

 

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Christmas Savings Account

This convenient account allows you to save for that special time of the year.   

    • $25 minimum to open
    • $10 fee for closing Christmas Savings Account prior to completion.
    • Up to six (6) withdrawals allowed per statement cycle or similar four week period.  $2 for each withdrawal over six.
    • Interest credited annually and check disbursed.

Calculator tools for Christmas Savings Account

Calculator

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Money Market Account Options


American Trust Bank offers two Money Market accounts that offer a competitive rate and can help you save for the future.  The descriptions listed below can help you find the right option for your needs. 

Money Market Account

    • $2,500 minimum to open.
    • $2,500 daily balance to avoid a $15 monthly service charge.
    • Up to six (6) transactions per statement cycle or similar four week period, withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party ($15 charge for each item over six).
    • Interest credited monthly
    • Interest rate is based on a tiered system: The higher your balance, the higher the interest rate.

 

Money Market Investment Account

    • $25,000 minimum to open.
    • $25,000 daily balance to avoid a $13.47 monthly service charge.
    • Up to six (6) transactions per statement cycle or similar four week period, withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. ($13.47 charge for each item over six).
    • Interest credited monthly.
    • Interest rate is based on a tiered system.

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Certificates of Deposit


    • Certificates ranging in terms from 6 months to 60 months
    • $1,000 minimum to open
    • Automatic renewal
    • Penalty for early withdrawals
    • Interest can be transferred to an American Trust Checking Account

          CD Early Withdrawal Penalties:

    • Term of 90 days or less – all accrued interest
    • Term greater than 90 days to 12 months – 90 days penalty
    • Term greater than 12 months – 180 days penalty

Calculator tools for Certificates of Deposit

Calculator

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Individual Retirement Accounts (IRA)


Our IRAs can help you start saving for the retirement you have always wanted.  

    • Choose either a Traditional or Roth IRA
    • Two Fixed Rate Options: 12 Months or 24 Months
    • Deposits may be added at any time
    • $100 minimum to open
    • Early withdrawals may be subject to interest and tax penalties

Calculator tools for IRAs

Calculator

 

 

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