Personal Checking Accounts

American Way Checking

The following benefits are yours with American Way Checking:

A $6.00 monthly service charge will apply. However we’ve made it easy to reduce or eliminate this monthly service charge via:

  • eStatement - receive $2.00 credit when you receive your American Way account 
statement electronically 

  • 20 Debit Card purchase transactions1 - receive a $2.00 credit with at least 20 debit 
card purchase transactions posted during the statement cycle
  • Direct Deposit of Federal Benefit Payments - receive a $2.00 credit with at least 
1 (one) Federal Benefit Payment direct deposit per statement cycle 


1Excludes all ATM Transactions.

IDProtect® - Protection You can Count On.provides protection for you and your joint account holders for any identity theft event, financial or otherwise, anywhere in the world even if the event has nothing to do with your account at American Bank & Trust Company.

IDProtect® service not available to a “signer” on the account who is not an account owner. Service is not available to clubs, organizations and/or churches and their members, schools and their employees/students. For revocable grantor trusts, the service is available only when a grantor
is serving as a trustee and covers the grantor trustee(s). For all other fiduciary accounts, the service covers the beneficiary, who must be the primary member (Fiduciary is not covered).

Fully Managed Recovery

Fully-managed Resolution – A dedicated fraud specialist assigned to manage your case. Experienced recovery professionals will handle the recovery process until your credit and identity is completely restored.

Identity Theft Expense Reimbursement*

Up to $10,000 Identity Theft Expense Reimbursement1 to cover expenses associated with restoring your identity, such as reimbursement for costs associated with attorney fees, loan application fees, long distance calls, certified mail and notarized fraud documents, medical record costs, costs for daycare and elder care, travel and accommodations, as well as coverage for wages lost for time taken off work to correct personal records.

Monitoring

Total Identity Monitoring – monitors your Name, Address, Date of Birth, and Social Security Number in more than 1,000 databases to determine if your identity has been compromised – this is also a good way to protect and preserve your child’s identity. (Registration and activation required.)

Triple-Bureau Credit File Monitoring – provides daily monitoring of your credit reports with Equifax, Experian, and TransUnion for key changes to your reports. Alerts are sent via email or text message.
(Registration and activation required.)

Triple-Bureau Credit Report – request new report every 90 days or upon receipt of a credit alert. (Registration and activation required.)

Credit Score – receive a new single bureau credit score with every new credit report. (Registration and activation required.)

Debit and Credit Card Registration

Register your credit, debit and ATM cards and have peace of mind knowing you can call one toll-free number to cancel and request replacement cards. (Registration and activation required.)

Educational Resources/News Center

Get advice on ways to protect yourself from identity theft, read educational tips and access valuable online resources and news related to identity fraud and credit. (Registration and activation required.)

1Special Insurance Program Notes: The descriptions herein are summaries only. They do not include all terms, conditions and exclusions of the policies described. Please refer to the actual policies for complete details of coverage and exclusions. Insurance is offered through the company named on the certificate of insurance. Refer to Guide to Benefit for complete description of coverage.
*Insurance products are not insured by FDIC or any Federal Government Agency; not a deposit of or guaranteed by the bank or any bank affiliate.

 

NOW ACCOUNT

Minimum Opening Deposit $2,000.00
Current Interest Rate Inquire at local branch
Annual Percentage Yield (APY) Inquire at local branch
Interest Computation Method Daily Balance*
Interest will be compounded Monthly
Interest credited Monthly

On non-cash item interest will begin to accrue on the business day of the deposit. If you close your account before interest is credited, you will not receive the accrued interest. Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account at any time.

Statement Period: MONTHLY
Cost of check printing varies depending on the style of checks ordered.

Monthly Service Charge/Basic Fee $7.50 if balance falls below $2,000.00

             See fee schedule for additional charges that apply to this account

*The Daily Balance is determined by the application of a daily periodic rate to the full amount of principal in the account each day.

SUPER-NOW ACCOUNT

Minimum Opening Deposit $2,500.00
Current Interest Rate Inquire at local branch
Annual Percentage Yield (APY) Inquire at local branch
Interest Computation Method Daily Balance*
Interest will be compounded Monthly
Interest credited Monthly

On non-cash items interest will begin to accrue on business day of deposit. If you close your account before interest is credited you will not receive the accrued interest. Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account at any time.

Statement Period: MONTHLY

Monthly Service Charge/Basic Fee $7.50 if balance falls below $2,500.00

            See fee schedule for additional charges that apply to this account.

*The Daily Balance is determined by the application of a daily periodic rate to the full amount of principal in the account each day.

HI-FI / MONEY MARKET ACCOUNT

Minimum Opening Balance $2,500.00
Current Interest Rate Inquire at local branch
Annual Percentage Yield (APY) Inquire at local branch
Interest Computation Method Daily Balance*
Interest will be compounded Monthly
Interest credited Monthly

On non-cash item interest will begin to accrue on the business day of the deposit. If you close your account before interest is credited you will not receive the accrued interest. Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account at any time.

Statement Period: MONTHLY
No more than six transfers and withdrawals or combination thereof per calendar month or statement cycle of at least four weeks may be made by P.O.S (Point-of-sale)., check, debit card, preauthorized or automatic transfer or similar order by the depositor payable to third parties.

Monthly Service Charge/Basic Fee $5.00

            See fee schedule for additional charges that apply to this account

*The Daily Balance is determined by the application of a daily periodic rate to the full amount of principal in the account each day.

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