Overview
At Premier American Bank, we offer you flexible ways to save your money for short or long-term savings goals.
Personal Money Market
Enjoy the privileges of a personal money market account.
- Minimum balance of $1,000 to open
- Provides a market rate of return on your money
- Interest compounded and paid monthly
- Minimum average ledger balance of $1,000 to avoid monthly maintenance fee
- $10 monthly maintenance fee
- Basic online banking and 24-hour phone banking included
- $5 fee for each excessive transaction
Personal High Yield Money Market
Enjoy the privileges of a personal high yield money market account.
- Minimum balance of $2,500 to open
- Provides a market rate of return on your money
- Interest compounded and paid monthly
- Minimum average ledger balance of $2,500 to avoid monthly maintenance fee
- $12 monthly maintenance fee
- Basic online banking and 24-hour phone banking included
- $12 fee for each excessive transaction
Personal Savings
If your goal is to get your finances on the right track, then our low balance requirement personal savings account might just be what you need.
- Minimum balance of $100 to open
- Minimum average ledger balance of $200 to avoid quarterly maintenance fee
- Interest compounded and paid quarterly
- Detailed quarterly statements
- $3 quarterly maintenance fee
- Basic online banking and 24-hour phone banking included
- $2 fee for each excessive transaction
Minor Savings
Minor Savings accounts are available to customers under 18 years of age.
- Minimum balance of $10 to open
- No maintenance fee
- Interest compounded and paid quarterly
- Detailed quarterly statements
- Basic online banking and 24-hour phone banking included
- $2 fee for each excessive transaction
Premier Personal Savings
Now you can earn higher interest on higher balances with our Premier Personal Savings account.
- Minimum balance of $50,000 to open
- Minimum average ledger balance of $200 to avoid quarterly maintenance fee
- Interest compounded and paid quarterly
- Detailed quarterly statements
- $3 quarterly maintenance fee
- Basic online banking and 24-hour phone banking included
- $2 fee for each excessive transaction
Compare Money Market & Savings Accounts
| Minimum Opening Deposit | Minimum Daily Balance | Maintenance Fee | Service Charge for Excessive Transactions | |
| Personal Money Market | $1,000 | $1,000 | $10 monthly fee | $5 per excessive transaction |
| Personal Savings | $100 | $200 | $3 quarterly fee | $2 per excessive transaction |
| Premier Personal Savings | $50,000 | $200 | $3 quarterly fee | $2 per excessive transaction |
