Savings & CDs
How to Apply
Stop by any ANB branch location and bring:
- Your state-issued ID and Social Security number
- Minimum balance
Additional Information
| Savings Account |
Build your short-term savings with our basic deposit account
More details below |
| Money Market Savings Account |
Earn competitive interest rates with a higher minimum daily balance
More details below |
| Certificates of Deposit (CDs) |
Lock in a fixed interest rate on your savings in exchange for agreeing to keep the specified amount of funds in the account for a certain period of time (term)
More details below |
|
Savings Account |
Money Market Savings Account |
| Minimum balance to open |
$30 |
$50 |
| Average daily minimum balance |
$30 |
$1,000 |
| Monthly service fee (if balance falls below minimum) |
$1/month |
$4/month |
| Interest |
See our rates |
| Other Requirements |
- Maximum of 6 transfers per month and 5 withdrawals per quarter or a $2 service charge applies
|
- Maximum of 6 withdrawals per month (3 by check and 3 by transfer)
- For withdrawals above the maximum, $10 service fee assessed per withdrawal
|
|
CDs |
| Minimum balance to open |
$1,000 |
| Interest |
Interest payment methods include
- Rolling back into CD
- Deposit to account
- Check can be mailed (depending on length of term)
See our rates
|
| Terms |
- Terms range from 14 days to 60 months
- 10-day grace period at maturity for changes
|
| Other requirements |
- Funds in a CD can be withdrawn at any time, however withdrawals made before maturity are subject to a penalty (half the term's interest that would have accrued)
- At maturity, there is a 10-day grace period during which funds can be taken out or added without penalty
|
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT Amarillo National Bank complies with section 326 of the USA PATRIOT Act. Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account such as name, address, date of birth and taxpayer identification. We may ask to see your driver's license or other identifying documents.
