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Build your savings safely and conveniently with one of our personal savings account options. Choose a savings solution to achieve short-term financial goals, assist with budgeting, establish a rainy day fund to save for emergencies or build personal savings.

American Savings

An easy access account with a competitive interest rate, low opening deposit and low average daily balance.

  • Variable interest rate tiers based on average daily balance
  • Monthly maintenance fee of $2 is waived if account maintains average daily balance of $300
  • Monthly service fee waiver for youth savers under age 19 who are the account’s primary owner
  • Free1 ATM Card with no ATM fees at American Federal and MoneyPass ATMs

Retirement Savings

Temporarily place your retirement dollars in a liquid account while evaluating longer-term investment options.

  • Variable interest rate tiers based on average daily balance
  • Interest compounded and credited monthly
  • No monthly service fees 

Money Market Savings

With our Money Market account, larger balances earn higher interest rates.

  • Customers can transfer funds between accounts to maximize return 
  • Interest is earned on a tiered-level basis; larger balances earn higher interest
  • Interest is compounded and credited monthly
  • Monthly maintenance fee of $10 is waived if account maintains average daily balance of $2500

Automatic Savings Plan

Begin a savings habit. Pay yourself first with automatic deposits to a savings account. Simply open any American Federal Savings account and have a specific dollar amount transferred automatically each month into the account. Open an American Federal Savings account with $100.

Contact your local office today to open an account!

Statements – Savings accounts generally produce a quarterly statement; however, a monthly statement is provided during any month an electronic transaction occurs. 
1 ATM Fees – American Federal does not charge a fee for an ATM Card. There is no charge to use an American Federal or MoneyPass ATM. There is a charge for a replacement card. Some ATM operators, owners or networks not owned by American Federal may impose access fees unrelated to our accounts.