Trying to put a little money aside for a rainy day? How about a savings account? We can set up an automatic transfer from your checking account to your savings account each payday or at what ever intervals you would prefer. We can also set up an automatic transfer to cover any possible overdrafts on your checking account.

Your savings account at American State Bank will pay interest quarterly. The rate of interest is determined by bank management and is subject to change monthly. You will receive a quarterly statement on the account unless you have an electronic transfer (i.e. ATM or automatic transfer) in which you will receive a statement at the end of the month.

You may have up to six free withdrawals each month. This would include any ATM withdrawals or automatic transfers to checking. There will be a $.25 fee for any withdrawals in excess of six. If your average balance would fall below $500 there will be a $5.00 service charge per quarter. This charge is waived for all minors (under age 18).