Personal | CDs, CDARS and IRAs
Whether you’re saving for next year or the next fifty, American National Bank of Texas has you covered with easy, flexible and secure investment options.
Certificate of Deposit (CD)
Easily and securely save for retirement, education or any occasion with an ANBTX certificate of deposit. Our CDs offer a choice of terms and a guaranteed fixed interest rate.
The College CD
A great investment tool for parents or anyone planning on paying for college, the ANBTX College CD offers a higher fixed interest rate with a pre-selected maturity date. As an added feature, you can make additional deposits at any time during the term of the CD for even greater return.
Certificate of Deposit Account Registry Service (CDARS)
With CDARS from ANBTX, you no longer have to spend time managing multiple bank relationships, organizing interest disbursements from various sources or manually consolidating monthly statements. Because we are a part of a large network of financial institutions, you have access to FDIC protection on multi-million dollar investments. CDARS from ANBTX can be a valuable cash management or longer-term investment tool for you.1
With CDARS, you can invest with:
- Safety – Your money can access multi-million dollar FDIC insurance coverage.
- Convenience – You earn one interest rate and receive one regular statement and one year-end tax form by working directly with us.
- Community investment – The full value of your money can support lending opportunities in your local community.2
- CD-Level Rates – Your money earns CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market funds.
Individual Retirement Account (IRA)
A special savings plan insured up to $250,000 by the federal government to help you save for retirement, an IRA is a great long term investment. Anyone who has earned income or received alimony may contribute to an IRA, however, income from sources such as investments or inheritances do not qualify. ANBTX offers IRAs with flexible terms and competitive rates.
For additional information on IRAs, including current rates or specific investment information, speak with your relationship banker.
Minimum balance may be required to open CDs.
Other restrictions may apply.
Penalty for early withdrawals.
1 Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement with American National Bank. The agreement contains important information and conditions regarding the placement of funds by us.
2 This benefit applies to some, but not all types of CDARS transactions. Let us know if this benefit is important to you, so that we can explain the relevant terms and conditions in more detail.
CDARS is a registered service mark of Promontory Interfinancial Network, LLC.