- Interest is compounded and paid monthly on collected funds.
- Six withdrawals permitted each month at no cost (excess withdrawal fee temporarily waived).
Personal SavingsPlan for rainy days, expenses to pay, or a retirement far away. With options that help you earn more.
Saving money––whether it's a few dollars a day or a larger sum each month––should be part of your overall financial to-do list. Make it a habit of putting money away to help you save each and every day. Just as important? Finding the right solution to help you hit your savings goals.
|Account Description and Features|
Best for customers who...
|Are under 18 years of age and want to start saving||Are just getting started on a savings plan and expect to maintain a low to moderate balance||Maintain a moderate to high balance||Maintain a high balance|
Requirements to open account
|Less than 18 years of age||-||-||-|
Minimum to open
|Monthly service fee||$0|
$5 or $0
$10 or $0
$15 or $0
Minimum balance requirement to avoid monthly service fee
|$0||$300 Daily||$2,500 Daily|
$5,000 Avg Monthly
$50,000 Avg Monthly
|No tiers||No tiers|
It's never too early to teach your kids (or grandkids) to save. So get them off to a good financial start with our Youth Savings account. It's available for anyone under 18 years of age and there's a low minimum to open (just $50) with NO monthly fee.
If locking in an interest rate for a period of time makes more sense for you, ANBTX offers traditional time deposits, also known as Certificates of Deposit (CDs) with a variety of terms.
Or, an ANBTX IRA, which is like a CD except that it's designed specifically for saving for retirement. Individuals (who earn income or receive alimony) can contribute a designated amount each year according to IRS guidelines. It's also a great place to park 401(k) rollover money from a previous employer.
For larger savings amounts, you may also choose to participate in our CDARs program. It’s a smart and easy way to access FDIC insurance on all of your deposits.
Instead of opening CD accounts at multiple banks (to secure FDIC insurance), let ANBTX manage. As a CDARS Network member, we can place your funds into CDs issued by other financial institution members of the CDARS Network in increments below the FDIC insurance maximum of $250,000, ensuring both the principal and interest are eligible for FDIC insurance.
Contact us to learn more about our savings solutions.