Personal Savings

Regular Savings

• Interest compounded daily & paid quarterly
• No minimum balance / No service charges
• Savings accounts are limited to six transfers per calendar month, if by preauthorized or automatic transfer, or telephone, agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by depositor and payable to third parties. Transfers and withdrawals made in person, by mail or an ATM are unlimited.
• Variable interest rate posted in ASB lobby and on website at INTEREST RATES

High Yield Savings

• Minimum balance of $10,000 to open
• Minimum withdrawal of $1,000
• Interest is compounded daily and credited to the account monthly. Rate subject to change on the 15th of each month based on the 3 month U.S. Treasury Bill. If balance falls below the $10,000.00 minimum, rate will convert to ASB Regular Savings rate for the days that the balance is under the minimum.
• Variable interest rate posted in ASB lobby and on website at INTEREST RATES
• Savings accounts are limited to six transfers per calendar month, if by preauthorized or automatic transfer, or telephone, agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by depositor and payable to third parties. Transfers and withdrawals made in person, by mail or an ATM are unlimited.

Certificates of Deposit

Certificates of Deposit are an excellent way to invest your money at American State Bank. CD’s provide a fixed interest rate with a variety of terms and conditions to meet the needs of our customers.

Early Withdrawal Penalty on CD’s 1 year and less is 3 months of Interest.
Early Withdrawal Penalty on CD’s greater than 1 year is 6 months of interest.
This penalty may invade your principal.

Interest rates are posted in ASB’s lobby and on this website at INTEREST RATES or you may call us at 218-294-6111 or 1-877-814-9937.