Personal Savings

   

Regular Savings

A simple savings account. Whether you have a specific savings goal in mind or just want to start putting money aside, Regular Savings is right for you.**

  • $100 minimum balance required without other account relationship*
  • Free ATM card for Savings only customers
  • Free Visa Debit Card for Checking/Savings customers
  • Up to six teller assisted or automatic withdrawals per month, at no charge
  • Up to five ATM withdrawals per month, at no charge
  • Free Online Banking and eStatements
  • Free 24 hour bank by phone

For more information on opening a Regular Savings Account, contact a New Accounts Specialist at any of our full-service offices today!

*All savings accounts require a minimum balance of $10 to remain open.

**On all interest bearing accounts: We calculate interest using the daily balance method.

Avoid $4 monthly service fee by maintaining a checking account, loan or certificate of deposit (CD) at The American National Bank.

   

Senior/Minor Savings

As you travel through your financial life, your needs and interests will change.  The American National Bank has developed special programs for all of life's stages.**  Additional benefits for those under 18, or over 62, include:

  • No monthly service fee
  • No minimum balance requirement*
  • Free ATM card for Savings only customers
  • Free Visa Debit Card for Checking/Savings customers
  • Up to six teller assisted or automatic withdrawals per month, at no charge
  • Up to five ATM withdrawals per month, at no charge
  • Free Online Banking and eStatements
  • Free 24 hour bank by phone

To open a Senior or Minor Savings Account, contact a New Accounts Specialist at any of our convenient Beaver Dam locations!

*All Savings Accounts require a minimum balance of $10 to remain open
**On all interest bearing accounts: We calculate interest using the daily balance method.

    

Holiday Club Savings

Plan now for an enjoyable holiday season. Open your Holiday Club Savings account and get your funds and earnings paid just in time for holiday shopping.

  • Open with as little as $10*
  • Interest added to account and funds are distributed the second week in October by automatic transfer**
  • Free ATM card for Savings only customers
  • Account stays open to begin saving for the next year

Start saving for your holiday season expenses by contacting a new New Accounts Specialist at any of our convenient Beaver Dam locations!

*All Savings Accounts require a minimum balance of $10 to remain open.
**On all interest bearing accounts: We calculate interest using the daily balance method.

Health Savings Account

Designed to help you pay for your medical expenses.

A Health Savings Account (HSA), is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP).

The funds contributed to an account are not subject to federal income tax at the time of deposit. Unlike flexible spending accounts (FSA's), funds roll-over and accumulate year-to-year if not spent. Health Savings Accounts are owned by the individual, which differentiates them from company-owned Health Reimbursement Arrangements (HRA's) that are an alternate tax-deductible source of funds paired with either HDHP's or standard health plans.

Health Savings Account funds may currently be used to pay for qualified medical expenses at any time without federal tax liability or penalty. Beginning in 2011, OTC (over the counter) medications cannot be paid by HSA funds without a doctor's prescription.

Withdrawals for non-medical expenses are treated very similarly to those in an Individual Retirement Account (IRA) in that they may provide tax advantages if taken after retirement age, and they incur penalties if taken earlier.

To open a Health Savings Account, contact one of our New Accounts Specialists at any of our three Beaver Dam locations.

**On all interest bearing accounts: We calculate interest using the daily balance method.