Certificates of Deposit

APY Accurate as of 8/14/2018

Term Minimum Balance
to Earn APY*
Compound Interest Rate APY*
3 Months $1,000 – $9,999 At Maturity 0.75% 0.75%
3 Months $10,000 & Above At Maturity 0.85% 0.85%
182 Days $1,000 – $9,999 At Maturity 1.10% 1.10%
182 Days $10,000 & Above At Maturity 1.20% 1.20%
12 Months $1,000 – $9,999 Semi-Annually 1.29% 1.30%
12 Months $10,000 & Above Semi-Annually 1.39% 1.40%
18 Months $1,000 – $9,999 Semi-Annually 1.39% 1.40%
18 Months $10,000 & Above Semi-Annually 1.44% 1.45%
24 Months $1,000 – $9,999 Semi-Annually 1.49% 1.50%
24 Months $10,000 & Above Semi-Annually 1.59% 1.60%
36 Months “FLEX” $1,000 – $9,999 Semi-Annually 1.89% 1.90%
36 Months “FLEX” $10,000 & Above Semi-Annually 1.99% 2.00%
48 Months “FLEX” $1,000 – $9,999 Semi-Annually 2.14% 2.15%
48 Months “FLEX” $10,000 & Above Semi-Annually 2.24% 2.25%
60 Months “2 FLEX” $1,000 – $9,999 Semi-Annually 2.34% 2.35%
60 Months “2 FLEX” $10,000 & Above Semi-Annually 2.39% 2.40%
15 Month “SPECIAL” $1,000 & Above  Semi-Annually 2.09% 2.10%
30 Month “SPECIAL” $1,000 & Above  Semi-Annually 2.34% 2.35%
  • *APY – Annual Percentage Yield
  •  Annual percentage yield assumes principal and interest remain on deposit at current rate for one year.
  • “FLEX” CD’s  – You have the option to change the interest rate to the current rate we are offering for a CD of equal value that matches the remaining term of your CD. We will not charge you any fees to make this rate change. If you decide to change the rate, the maturity date of the CD will remain the same as originally scheduled.  You may change the interest rate once during the first term of a 36 month and 48 month CD or twice during the first term of a 60 month CD, but not during any renewal term.
  • Contact the bank for further information concerning the fees and terms applicable.
    • Fees could reduce earnings on the account.
    • Federal regulations require a penalty for early withdrawal, including substantial tax penalty on tax deferred instruments.
    • Advertised rates are available only for residents of Iowa, Nebraska, and South Dakota. To obtain current rates offered to residents outside of IA, NE, & SD please contact the bank.

Checking

APY Accurate as 8/14/2018

Account Minimum Balance to Earn APY* Minimum Opening Balance Interest Rate APY*
REWARDS
When “Rewards Requirements” are met during the
statement cycle the following rates applies:
  Paid on balances up to $25,000 No Minimum 3.15% 3.20%
  Paid on balances above $25,000 No Minimum 0.40% Range of 1.09% – 3.20%
If you receive your account statement online or by email but do not meet all of the other “Rewards Requirements” the following rate applies:
No Minimum No Minimum 0.40% 0.40%
If you do not receive your account statement online or by email, the following rate applies even if you meet all of the other “Rewards Requirements”:
  No Minimum No Minimum 0.10% 0.10%
 
AMERICAN GOLD
  $500 $500
            Tiered Rates
$500 – $999.99 0.10% 0.10%
$1,000 – $9,999.99 0.25% 0.25%
$10,000  and up 0.50% 0.50%
  •  *APY – Annual Percentage Yield
  • Additional Information about our Interest Bearing Accounts:
    • Fees paid could reduce earnings.
    • Rates are subject to change without notice.
    • Contact the bank for further information concerning the fees and terms applicable.
    • Interest bearing checking accounts are available to individuals, joint, non-profit organizations, and sole proprietorships.
  • Additional Information about our Rewards Checking:
    • Rewards Requirements – All of the following conditions must be met each statement cycle to qualify for the higher interest rate and APY.
      • Online Banking – maintain an active online banking account and receive account statements online or by email.
      • Debit Card POS Transactions – 10 point-of-sale (POS), excluding ATM transactions.  Visa/debit transactions must post to account during the statement cycle in order to qualify
      • Direct Deposit – minimum of one direct deposit OR a minimum of three qualifying automatic withdraws (ACH) to third parties posted to your account per monthly statement cycle.
      • ATM usage – American Bank will automatically refund your account up to $10 per statement cycle for ATM surcharges and foreign fees when the Rewards Requirements are met during the statement cycle in which the charges occurred.

Compare Checking Accounts

Money Market

APY Accurate as of 8/14/2018

Minimum Balance to Earn APY* Interest Rate APY*
Minimum Opening Deposit: $1,000
$0 – $9,999.99 0.55% 0.55%
$10,000 – $24,999.99 0.65% 0.65%
$25,000 – $49,999.99 0.65% 0.65%
$50,000 – $99,999.99 0.75% 0.75%
$100,000 – $249,999.99 0.85% 0.85%
$250,000 & Above 1.00% 1.00%
  •  *APY – Annual Percentage Yield
  • Annual Percentage Yield assumes principal interest remain on deposit at the current rate for one year.
  • Contact the bank for further information concerning the fees and terms applicable.
    • Fees paid could reduce earnings.
    • Rates are subject to change with out notice.

Savings

APY Accurate as of 8/14/2018

Account Minimum Balance to Earn APY* Interest Rate APY*
Statement Savings No Minimum 0.50% 0.50%
Christmas Club $50 plus $10 weekly deposit 0.50% 0.50%
All American College Savings $250 1.39% 1.40%
  • *APY – Annual Percentage Yield
  • Annual Percentage Yield assumes principal interest remain on deposit at the current rate for one year.
  • Contact the bank for further information concerning the fees and terms applicable.
    • Fees paid could reduce earnings.
    • Rates are subject to change with out notice.

Compare Savings Accounts

Health Savings Account

APY Accurate as of 8/14/2018

Minimum Balance to Earn APY* Compound Interest Rate APY*
$0.00 – $4,999.99 Monthly 0.00% 0.00%
$5,000.00 – $24,999.99 Monthly 0.50% 0.50%
$25,000.00 and above Monthly 0.75% 0.75%
  • *APY – Annual Percentage Yield
  • Annual Percentage Yield assumes principal and interest remain on deposit at current rate for one year.
  • Contact the bank for further information concerning the fees and terms applicable.
    • Federal regulations require a substantial tax penalty on tax deferred instruments for early withdrawal.
    • Fees paid could reduce earnings.
    • Rates are subject to change with out notice.

Flexible Investment Accounts

APY Accurate as of 8/14/2018

Minimum Balance to Earn APY* Compound Interest Rate APY*
$0 – $4,999.99 Monthly 1.10% 1.11%
$5,0000 – $24,999.99 Monthly 1.89% 1.90%
$25,000 – $99,999.99 Monthly 2.19% 2.20%
$100,000 & Above Monthly 2.48% 2.50%
  • *APY – Annual Percentage Yield
  • Annual Percentage Yield assumes principal and interest remain on deposit at current rate for one year.
  • Request further information from an employee concerning the fees and terms applicable.
    • Federal regulations require a substantial tax penalty on tax deferred instruments for early withdrawal.
    • Fees paid could reduce earnings.
    • Rates are subject to change with out notice.

Residential Fixed

APR accurate as of 8/17/2018

Type Origination Fee Interest Rate APR* Monthly Payment**
30 Year Residential 0.5% 4.500% 4.569% $506.72
20 Year Residential 0.5% 4.375% 4.469% $625.97
15 Year Residential 0.5% 3.875% 3.994% $733.49
10 Year Residential 0.5% 3.875% 4.016% $1,006.58
Residential Variable Rate Products Call For Rates:

    • Le Mars: 712-546-2345
    • Remsen: 712-786-1153
  • *APR – Annual Percentage Rate
  • **The above rates and payments assume a 20% down payment, loan amount of $100,000 and a rate lock period of 30 days. Payments listed do not include amounts for taxes and insurance premiums, your actual payment obligation may be greater. If the down payment is less than 20%, mortgage insurance may be required, which would increase the APR.
  • Rates and points are subject to change without notice. Some products may not be available in all states.
  • Rate Buydowns Available
  • Your actual rate, payment, and costs could be higher.  Get an official Loan Estimate before choosing a loan.

Estimated Closing Costs for Residential Fixed

APR Accurate as of 8/17/2018

Fee Amount
Appraisal $450.00-$550.00
Credit Report & Evaluation $60.00
Documentation Fee $125.00
Flood Determination $14.00
Origination Fee 0.50% of Loan Amount
Recording $89.00
Tax Transcript $23.00
Title Abstracting $175.00-$250.00
Title Attorney’s Opinion $150.00-$350.00
Loan Level Price Adjustment Fee May Apply
  • *Annual Percentage Rate (APR) is based on a representative $100,000 loan amount for stated term and includes points/origination fee listed. Higher delivery fees may apply. Closing costs are not included in the APR.