At American National Bank, we know that saving is about more than building a nest egg; it’s about creating the life you want. We also believe that saving should be flexible. Learn more about our two Money Market account options for higher interest rates and up to six withdrawals per month.
What is a Money Market Account?
This is a type of deposit account that earns interest. Money Markets are unique in offering a higher interest rate than regular savings accounts, as well as check-writing and debit card privileges. You can think of a Money Market as a hybrid of a checking and savings account.
American National Bank offers two account options: Money Market and Premium Money Market. You can earn a higher interest rate in exchange for maintaining a higher balance.
Features and Benefits of Money Market
- $500 minimum opening deposit
- Tiered interest is credited monthly
- Monthly $15 fee unless a $2,500 daily balance is maintained
Features and Benefits of Premium Money Market
- $25,000 minimum opening deposit
- Tiered interest is credited monthly
- Monthly $20 fee unless a $25,000 daily balance is maintained
Open a Money Market Account today!
Ready to open a new money market savings account? Get in touch with us, visit one of our convenient locations, or call us at 1-800-240.8190 to get started. Need help finding the best savings accounts for you? Contact us today or visit your nearest American National Bank location in the Piedmont Triad region of Virginia and North Carolina. We are proud to be your community’s hometown bank!