Business Savings
For businesses who need a basic savings account
Learn More
Certificates of Deposits
For businesses with excess cash and wanting to earn a higher interest rate
Learn More
Business Money Market
For businesses who enjoy account flexibility while earning a higher interest rate
Learn More
Online & Mobile Banking Available!
For more information visit one of our branches or call a Personal Banker
Uptown
773-769-6868
Chinatown
312-842-6800
E-Mail us at:
customerservice@americanmetrobank.com
Compare Savings, CDs & Money Market
BUSINESS | BUSINESS SAVINGS | CERTIFICATES OF DEPOSIT5 | |
|---|---|---|---|
| Minimum Opening Deposit | $1,000.00 | $1,000.00 | $1,000.00 |
| Interest Bearing | Yes | Yes | Yes |
| Interest Rate | Variable1, 4 Interest compounds and is paid monthly2 | Variable1, 4 Interest compounds and is paid quarterly2 | Fixed based on Term of CD |
| Term | N/A | N/A | 90 days to 5 years |
| Minimum Daily Balance to Avoid Monthly Maintenance Fee | $1,000.00 | $1,000.00 | N/A |
| Minimum Average Daily Balance to Avoid Monthly Maintenance Fee | $5,000.00 | $2,000.00 | N/A |
| Monthly Maintenance Fee if Balance Requirements Not Met | $15.00 | $15.00 | N/A |
| Monthly Activity Fees | $10.00/preauthorized transfer including checks over 6 per month | $5.00/preauthorized transfer over 6 per month | N/A |
| Statements | Monthly | Quarterly | N/A |
| Online Banking | Yes | Yes | N/A |
| Bill Pay Service | N/A | N/A | N/A |
| ATM Card | Yes | Yes | N/A |
| Debit Card | N/A | N/A | N/A |
| Other Features and Benefits | No AMB fee for ATM transactions3 | No AMB fee for ATM transactions3 | N/A |
| Other Fees and Restrictions | None | None | Substantial Penalty for Early Withdrawal |
BUSINESS
MONEY MARKET
Minimum Opening Deposit
$1,000.00
Interest Bearing
Yes
Interest Rate
Variable1, 4 Interest compounds and is paid monthly2
Term
N/A
Minimum Daily Balance to Avoid Monthly Maintenance Fee
$1,000.00
Minimum Average Daily Balance to Avoid Monthly Maintenance Fee
$5,000.00
Monthly Maintenance Fee if Balance Requirements Not Met
$15.00
Monthly Activity Fees
$10.00/preauthorized transfer including checks over 6 per month
Statements
Monthly
Online Banking
Yes
Bill Pay Service
N/A
ATM Card
Yes
Debit Card
N/A
Other Features and Benefits
No AMB fee for ATM transactions3
Other Fees and Restrictions
None
BUSINESS
SAVINGS
SAVINGS
Minimum Opening Deposit
$1,000.00
Interest Bearing
Yes
Interest Rate
Variable1, 4 Interest compounds and is paid quarterly2
Term
N/A
Minimum Daily Balance to Avoid Monthly Maintenance Fee
$1,000.00
Minimum Average Daily Balance to Avoid Monthly Maintenance Fee
$2,000.00
Monthly Maintenance Fee if Balance Requirements Not Met
$15.00
Monthly Activity Fees
$5.00/preauthorized transfer over 6 per month
Statements
Quarterly
Online Banking
Yes
Bill Pay Service
N/A
ATM Card
Yes
Debit Card
N/A
Other Features and Benefits
No AMB fee for ATM transactions3
Other Fees and Restrictions
None
CERTIFICATES
OF DEPOSIT5
OF DEPOSIT5
Minimum Opening Deposit
$1,000.00
Interest Bearing
Yes
Interest Rate
Fixed based on Term of CD
Term
90 days to 5 years
Minimum Daily Balance to Avoid Monthly Maintenance Fee
N/A
Minimum Average Daily Balance to Avoid Monthly Maintenance Fee
N/A
Monthly Maintenance Fee if Balance Requirements Not Met
N/A
Monthly Activity Fees
N/A
Statements
N/A
Online Banking
N/A
Bill Pay Service
N/A
ATM Card
N/A
Debit Card
N/A
Other Features and Benefits
N/A
Other Fees and Restrictions
Substantial Penalty for Early Withdrawal
1 Interest rates are subject to change at the Bank's discretion as often as daily without notice. Fees may reduce earnings.
2 If you close your account before interest is credited, you will not receive the accrued interest.
3 CDs will automatically renew at maturity unless you designate a fixed maturity
4 No proprietary bank fee for ATM transactions at a Citi Bank Branch ATM
5 Interest paid varies based on the amount on deposit
6 Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (i.e. checks)
7 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.
