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Products and Services



Products and Rates
as of April 24, 2015


Annual Percentage Yield (APY) is listed for all interest bearing accounts.
All rates and product features are subject to change without notice.

Privacy Policy Notice

 




Transactional Accounts


FREEdom Personal Checking 1
  • $100 to open
  • No minimum balance
  • Unlimited check writing
  • No monthly maintenance fees
  • Free ATM/Debit card - no annual fee, no usage fee (ATM surcharges imposed by other ATM owners may apply)
  • Monthly imaged statement

Platinum NOW Checking 1, 2, 3
  • $100 to open
  • No monthly fee with $500 minimum average daily balance
  • Unlimited check writing
  • Free ATM/Debit card - no annual fee, no usage fee (ATM surcharges imposed by other ATM owners may apply)
  • APY of 0.10% (minimum daily balance requirement of $500 or more)
  • Monthly imaged statement
Golden Eagle NOW Checking 1, 2
  • $100 to open
  • No minimum balance requirement
  • Unlimited check writing
  • No monthly maintenance fee
  • Other services at discounted prices
  • Free ATM/Debit card - no annual fee, no usage fee (ATM surcharges imposed by other ATM owners may apply)
  • APY of 0.10%
  • Account owner must be 55 yrs or older.
  • Monthly imaged statement

 
FREEdom Business Checking 1
  • $100 to open
  • No minimum balance requirement
  • Up to 500 debits and/or credits per month, with no monthly service charges
  • Monthly imaged statement

 
Platinum Money Market 1, 2, 3
  • $100 to open. $1,000 minimum average daily balance to avoid a fee and $1,000 minimum daily balance to obtain the APY
  • Monthly imaged statement
  • APY and interest rate of:
    $1,000 - $14,999 0.05%
    $15,000 - $49,999 0.20%
    $50,000 - $99,999 0.30%
    $100,000+ 0.40% (on whole balance)
 
Time Deposits


EagleSavers 1, 2


  • $1 to open
  • $1 minimum balance, no minimum balance service charge
  • Account owner must be age 17 or under with parent or guardian co-signer
  • Quarterly truncated statement
  • APY and interest rate of:
    $1 - $9,999 0.50%
    $10,000 + 0.10% (on balance over $10,000)

Statement Savings 1,2,3
  • $100 to open
  • $200 minimum average daily balance avoid a fee and $200 daily balance to obtain the APY
  • APY of 0.10%
  • Quarterly truncated statement



CD/IRA Rates
$1,000 minimum balance to open and obtain the APY - except for Education IRAs.($500 min.) Early withdrawal penalty: 30 days simple interest on the amount withdrawn for CD's of 12 months or less, 90 days simple interest on the amount withdrawn for CD's greater than 12 months term.


Specials 4, 5, 6, 7

22 Months Add-On CD 1.00% APY
22 Months Add-On CD with Relationship Bonus 1.10% APY
SUPER Saver 13 Months Add-On CD 1.35% APY



TERM
RELATIONSHIP BONUS APY7
STANDARD APY
6 months
0.50% APY
0.25% APY
12 months
0.75% APY
0.50% APY
24 months
1.00% APY
0.75% APY
36 months
1.25% APY
1.00% APY
48 months
1.50% APY
1.25% APY
60 months
1.75% APY
1.50% APY



RELATIONSHIP BONUS and SUPER SAVER TERMS

  • The renewal term may be different from the original term.
  • The Relationship Bonus is based on maintaining at least an average monthly statement balance in qualifying FREEdom Checking Account, Platinum NOW or Statement Savings of $5,000. If this qualification is not met then the APY may revert to the Standard rate in effect at the time the CD was opened or last renewed.
  • The Super Saver is based on maintaining at least an average monthly statement balances in qualifying FREEdom Checking Account, Platinum NOW or Statement Savings of $10,000. If this qualification is not met then the APY may revert to 0.55%.
  • For more information, please speak with an account officer.
  • Annual Percentage Yield (APY) for all CD Accounts is subject to change without notice. There is a $1,000 minimum opening account deposit and balance requirement. A penalty may be imposed for early withdrawal. Fees may reduce earnings on the account.

1 Contact us for further information about applicable fees and terms.

2 Variable rate account, interest rates are determined at the bank's discretion and subject to change at any time.

3 Account with a minimum balance requirement will be assessed a fee of $10.00 if the balance in that account falls below the minimum balance.

4 Unlimited deposits can be made to the Add-On CDs with a minimum deposit amount of $1.00.

5 Add-On CDs automatically renew at a 12 month term.

6 The Super Saver Bonus is available for new money only.

7 Variable rate account, where the interest rate and APY may change to 0.55% for the Super Saver or may change to the Standard APY in effect at the time CD was opened or last renewed for the Relationship Bonus during the term of the CD if the average monthly  statement balance in the qualifying deposit account is not maintained.

 




American Eagle Bank