Sprout new dollars and maximize your savings.
Earn 4.20% APY for 7 months or 4.01% APY for 13 months*.

Frequently Asked Questions

• What is a Certificate of Deposit?

  A Certificate of Deposit (CD) is a financial product that pays a fixed interest rate for a set period of time, ranging from a few months to several years. This period of time is known as a “term.” By keeping your money in the CD for the full term, you are guaranteed your initial deposit and earned return.

• What is APY?

  Annual percentage yield (APY) is a percentage that reflects the interest you earn on a banking product in one year. It includes compound interest, which is the interest earned on both an account balance and previous interest.

• What happens when my CD matures?

  Approximately one month before your CD matures, you’ll be sent a notice reminding you of the maturity date. When the CD matures, there’s a ten-day grace period in which you can withdraw funds. After that period, CDs automatically renew for the same or similar term. Call for current rates at maturity.

• When should you consider a CD?

  CDs may be a good choice if you have budgeted well and have some money in savings that you’re unlikely to need right away.

• How do I know my money is safe with American National Bank?

  American National Bank is backed by $5 billion in assets and a 165+ year history as a trusted and reliable financial services partner. We’re well capitalized, have an excellent track record and have no exposure to volatile industries such as cryptocurrency.

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