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Business Money Market Account

  • Interest Earning Business Money Market Account
  • No monthly maintenance fee if a $2,500 average daily balance is maintained
  • $15 monthly maintenance fee if average daily balance is not maintained
  • Maximum of 3 Money Market checks and 3 electronic withdrawals (such as ATM withdrawal, Wire Transfer, Account Transfer to another American United Bank account, etc.) may be written each month - as dictated by Federal Banking Regulations
  • $5 per check will be assessed in excess of three checks
  • $5 per electronic withdrawal will be assessed in excess of electronic withdrawals
  • Unlimited "over the counter" (in bank) withdrawals are allowed using special forms for making such transactions that are provided by the Teller at the time of the withdrawal
  • Interest is compounded daily (based on the available balance) and paid monthly subject to a tiered rate schedule as follows:
    • $0 to $2,499 ........... 0% Annual Percentage Yield
    • $2,500 to $49,999 ................... refer to our Rate Sheet for Current Rates
    • $50,000 to $99,999 ................... refer to our Rate Sheet for Current Rates
    • $100,000 and higher ................... refer to our Rate Sheet for Current Rates
  • Interest rates are subject to change
  • Monthly Statements provided with check images only (no checks returned)
  • Free Internet Banking
  • Limited to the terms and conditions of the rules for a Money Market Account as established by law
  • Refer to Miscellaneous Fees for costs on certain other transactions
  • Minimum deposit to open is $2,500
  • $25 closure fee if account is closed within 60 days of account opening

 

Certificate of Deposit (CDs)

 

An American United Bank CD is a great investment that allows you to invest for longer periods of time and earn higher guaranteed rates of interest.

  • Competitive interest rates, paid monthly, quarterly, semi-annually, annually or at maturity
  • Opening deposit requirement of only $1,000
  • Interest Rates vary according to the term of the Certificate
  • Maturities range from 1 month to 60 months
  • Penalty may apply for early withdrawal

 

 

Individual Retirement Accounts (IRAs)

American United Bank offers a variety of IRAs. We suggest you consult your financial advisor for the plan that is best suited to your needs. You may choose from:

  • Traditional IRA
    • Taxes deferred until withdrawal
    • Opening deposit requirement of only $1,000
    • Maturities range from 12 months to 60 months
  • Roth IRA
  • Education IRA
  • SEP IRA
  • Penalty may apply for early withdrawal

 

Please see any American United Bank Customer Service Representative for further information.

 

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