Personal Savings

Regular Savings

Interest compounded daily & paid quarterly
No minimum balance / No service charges
Variable interest rate posted in ASB lobby and on website at INTEREST RATES

High Yield Savings

Minimum balance of $10,000 to open
Minimum withdrawal of $1,000
Interest is compounded daily and credited to the account monthly. Rate subject to change on the 15th of each month based on the 3 month U.S. Treasury Bill. If balance falls below the $10,000.00 minimum, rate will convert to ASB Regular Savings rate for the days that the balance is under the minimum.
Variable interest rate posted in ASB lobby and on website at INTEREST RATES

Certificates of Deposit

Certificates of Deposit are an excellent way to invest your money at American State Bank. CD’s provide a fixed interest rate with a variety of terms and conditions to meet the needs of our customers.

Terms & Conditions

3 Month

Minimum $2,500.00

6 Month

Minimum $2,500.00

12 Month

Minimum $500.00

24 Month

Minimum $500.00

36 Month

Minimum $500.00

48 Month

Minimum $500.00

Early Withdrawal Penalty on CD’s 1 year and less is 3 months of Interest.
Early Withdrawal Penalty on CD’s greater than 1 year is 6 months of interest.
This penalty may invade your principal.

Interest rates are posted in ASB’s lobby and on this website at INTEREST RATES or you may call us at 218-294-6111 or 1-877-814-9937.