|
Checking
Savings & CDs
Individual Retirement Accounts
Cards
Additional Tools
To wire funds to Armed Forces Bank, use routing # 1011-0831-9.
|
Savings Accounts & Certificates of Deposit
Comparison
Regular Savings Account
Earn interest that's compounded daily while you save for the future with a regular savings account.
|
- No service charge when a minimum balance of $100 or more is maintained. If the minimum balance falls below $100 during the month, a $5 maintenance fee is assessed.
- Interest will be compounded to your account quarterly: September and December.
- Three withdrawals per month at no charge. Additional withdrawals within the same monthly cycle are $2.00.
- Transfers from a savings account to another account or to third parties by pre-authorized automatic or telephone transfers are limited to six per month.
- If the account is closed prior to the interest payment date, no interest will be paid.
- Statements are semiannual (June and December). Accounts with an electronic funds transaction will receive statements monthly.
|
Youth Savings
A dynamic way to encourage children and teens to save by watching their balances grow.
|
Regular Savings account rules apply with the following exceptions:
- No minimum balance.
- Age limit 17 years or younger.
- Parent or guardian must be on the account.
|
Certificates of Deposit
We offer a variety of certificates of deposit at nationally competitive rates to fit your investment needs.
|
- A guaranteed return with fixed rates and a choice of terms.
- Interest begins to accrue from the date the account is opened.
- Interest may be paid by being added to the certificate quarterly. Or, you may receive your interest through an automatic deposit to an account or by check.
|
|
Balance Information
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
|