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Personal
Banking
Retirement
Have
you begun planning for your retirement?
The experienced
professionals in our American Trust Center* are ready to assist you:
- We will look
at your current and future lifestyle to determine what you'll
need for retirement.
- We will work
with you when investing your retirement funds.
If you are nearing
or about to begin your retirement, American Trust Center* can:
- Provide assistance
in moving your retirement funds from the company fund to your
own.
- Provide guidance
in managing those funds to meet your individual needs.
Would you like to save money for the future?
Choose the term
that is best for you with a Certificate of Deposit:
- Earn a higher
interest rates than with Regular Savings.
- Funds can
be used as collateral for loans.
- Funds can
be automatically renewed upon maturity to the new market rate
for an equal term.
Save a little
each year for your child's or grandchild's education by opening
a GrADD CD:
- Earn a higher interest rate than Regular Savings.
- You may add
to the account at any time ($25 increments).
- Money may
be withdrawn with no penalty when the child graduates from high
school or turns 18 years old.
Save money on
your taxes while saving for retirement with a traditional Individual
Retirement Account (IRA):
- Save money
while making money; contributions may be tax deductible and interest earned may be tax deferred.
- Make regular
contributions with automatic funds transfer and avoid extra trips
to American Bank Center.
With a Roth
IRA you can pay now, save later, and the entire contribution
is yours at retirement:
- Interest earned is not taxed for qualified
distributions.
- Contributions
may be made at any age with earned income.
- No worries;
pay taxes now and you or your beneficiary receives the entire
IRA fund.
How
Much do I Need to Retire?
Would
you like additional options that meet your specific needs?
Direct Deposit your
paycheck, pension or Social Security check:
- No worries
about your check being lost or stolen.
- Money is
automatically deposited in the bank on payday.
- Private — you
are the only one who can access your account.
Take advantage
of being over 50 years with Club America checking:
- Free
club checks.
- Interest bearing with no minimum
balance.
The Grand Money Market Account also
encourages you to save:
- Interest rates are tiered; the more
you save, the more you earn.
- No monthly
fee when minimum balance is maintained.
Investor's Money Market Account rewards
you for higher balances:
- Interest rates are tiered; the more
you save, the more you earn.
Save automatically
without thinking about it using Automatic Funds Transfer:
- Save time
by transferring funds automatically from your checking to your
savings regularly.
- Convenient;
save a trip to American Bank Center to make your loan or mortgage payment.
Count on the experienced American Trust Center* to assist you with your
investment needs:
US Savings
Bonds are designed as long term savings that are easily accessible:
- Safe investment;
backed by the full faith and credit of the United States with
certain tax advantages.
- Save money;
competitive rates for your child's or grandchild's education.
- Convenient;
can be purchased at American Bank Center.
*Trust Investments may include assets which are
not insured by the Federal Deposit Insurance Corporation (FDIC),
not a deposit of or guaranteed by American Bank Center,
and may be subject to investment risk, including loss of principal
amount invested.
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