American Momuntum Bank

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American Momentum Bank: Business Savings Account That Helps Grow Cash Reserves

Your small business deserves options for saving that feature security and convenience. It also deserves savings options that are geared to your special financial requirements. As your business grows, count on American Momentum Bank to stand by you with the accounts, resources, counsel, and tools to help accelerate that growth. If this sounds like the savings account your business needs, then here are the specifics for you:

Business Savings:

  • Free notary services
  • Minimum deposit to open is $100
  • No minimum balance requirement to earn interest*
  • Maintenance fee - $3 per month
  • Monthly maintenance fee is waived with a $100 minimum daily balance
  • Up to six withdrawals or transfers per statement period at no extra charge, transactions exceeding legal limit are $3 each** 

Premier Commercial Money Market*

  • For businesses that want a competitively priced investment account
  • Six (6) free debit transactions per monthly cycle; $10 per additional debit.**
  • Unlimited ATM use at American Momentum Bank ATMs and 50,000+ surcharge-free ATMs worldwide on the Allpoint Network.  Please click here for a listing of all surcharge-free network ATMs worldwide.
  • Free notary services
  • Minimum deposit to open is $100
  • Monthly maintenance fee is $10
  • Monthly maintenance fee is waived with a $1,000 minimum daily balance

 

*Tiered Interest Rate is determined by the daily ledger balance of the account. The calculation of interest is based on the collected balance of the account. For current rate and annual percentage yield information, please speak with an American Momentum Bank representative. Interest compounded daily, credited monthly and paid on the collected balance.

**Regulation D limits certain types of withdrawal and transfer transactions you can make out of your savings or money market accounts to a maximum of six per month or monthly statement period. An excess activity fee may apply for each transaction that exceeds the limit and your account may be converted to a transaction account. For detailed information, please refer to our Deposit Agreement and Disclosures booklet. Every effort has been made to ensure accuracy and reliability in the information provided. However, the information is subject to change. Other fees may apply.

Notice: Because there is a small risk that information transmitted via Internet email could fall into the wrong hands, American Momentum Bank suggests that confidential information, such as account numbers or social security numbers, not be transmitted via email. Instead, please contact American Momentum Bank directly at your nearest Banking Center.

Thank you.

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Notice: Because there is a small risk that information transmitted via Internet email could fall into the wrong hands, American Momentum Bank suggests that confidential information, such as account numbers or social security numbers, not be transmitted via email. Instead, please contact American Momentum Bank directly at your nearest Banking Center.

Thank you.

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