- Interest is compounded and paid monthly on collected funds.
- Six withdrawals permitted each month at no cost (excess withdrawal fee temporarily waived).
- Link your account to your business checking account for overdraft protection.
Business Savings
Give excess cash a job that pays (you). Earn interest and make money with our savings options. Contact UsIt’s important to make saving a part of doing business. And we have several options to help you save for your business goals.
Easy and immediate access to your business savings with the flexibility to deposit and withdraw money when you want—and earn competitive interest rates. Link your account to your business checking account for Overdraft Protection.
Business Basic | Business Preferred Investment | Business Star | |
|---|---|---|---|
Best for business owners who... | Maintain a low to moderate balance | Maintain a moderate to high balance | Maintain a high balance |
Minimum to open | $50 | $200 | $200 |
Monthly service fee | $5 or $0 | $10 or $0 | $15 or $0 |
Minimum balance requirement to avoid monthly service fee | $300 Daily | $2,000 Daily or $5,000 Average Monthly | $25,000 Daily or $50,000 Average Monthly |
Interest tiers | No | Yes | Yes |
If locking in an interest rate for a period of time makes more sense to save for your business goals, ANBTX offers traditional time deposits, also known as Certificates of Deposit (CDs) with a variety of terms.
For businesses with a lot of excess cash, you may also choose to participate in our CDARs program. It’s a smart and easy way to access FDIC insurance on all of your deposits.
Minimum deposit required to open. Additional terms and miscellaneous fees may apply. Certain savings and money market account transfers and withdrawals may be limited by governement regulation. Other restrictions may apply.
Penalty for early withdrawals from Certificates of Deposit (CDs).
CDARs funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement with American National Bank of Texas. The agreement contains important information and conditions regarding the placement of funds by us. The Community Investment benefit applies to some but not all types of CDARs transactions. CDARS is a registered service mark of Promontory Interfinancial Network, LLC.
