• A minimum deposit of only $2,000.00 is required to open the CD.
• Interest is paid using the daily balance method and it will be credited to your account monthly and also upon maturity.
• If your balance should fall below $2,000.00 you will be assessed a penalty. Interest will not be earned on any day that the balance is below $2,000.00.
• You may elect to have your interest payments issued to you by check or have them transfer to another account with American Bank.
• Free Internet Banking