- Roth IRAA Roth IRA is an excellent investment tool and there are many advantages to a Roth IRA. Although your contributions are not tax deductible, earnings are tax-deferred and qualified withdrawals can be free of federal income tax if you are over age 59 1/2. This can translate to big tax savings in the future. When you are ready to start saving for your retirement, we are here to help with a Roth IRA. Open a Roth Statement Savings or CD today.
- Tax Deductions
- Income TaxMake your life easier during tax season. Use your American Bank Visa Debit Card to pay your personal income taxes. It’s faster and more convenient than mailing a check, and you have peace of mind that your payment is made on time. (Please Note: fees may apply by the taxing authority and may vary based on taxes due)
- Money Market FundsWhen it comes to offering a money market account, American Bank is setting new standards with our Premium Money Market account. This account combines the advantages of investment and savings designed to compete with many money market funds with no minimum balance requirement. Plus, you have access to your funds with no penalties for withdrawal and an unlimited number of deposits. You will also receive other great benefits.