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Holiday Savings
An Easy Way to Save for Holiday Spending

Would you like the security of knowing you have money for the holidays? If so, try our Holiday account. You can open this account anytime during the year and earn an competitive rate of interest. You’ll also have a choice of ways to receive your funds — through an automatic transfer to another American Savings Bank checking account or by check.

To learn how much your savings could grow over time, try our Simple Savings Calculator.

icon Highlights Below
> Benefits You’ll Receive
> Fast Facts


Benefits You’ll Receive

  • Opening deposit as low as $5
  • Additional deposits of $5 or more anytime
  • No monthly service fee
  • Free Bank-by-Phone services — easily retrieve account information, make transfers to the account, and more1
  • Federally insured up to FDIC limits
Fast Facts

Minimum Balance

No minimum balance required to avoid a monthly fee

Monthly Fee

None

 

Interest/Withdrawals

  • Interest rate is fixed and paid on October 31
  • Withdrawals of funds can be made after November 1

Otherwise:

  • If funds are withdrawn before November 1, the account must be closed and no interest will be paid
 
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  1. May be subject to limitations.


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