A checking account for those that do so much for our community
(Available to Not-for-Profit organizations owned and operated within Pennsylvania or New Jersey)
In appreciation and recognition for the services that not-for-profit organizations like you provide in our community, we have a checking account designed exclusively with you in mind. One of the main benefits of our Community Checking account is that it eliminates the additional administrative work associated with owning multiple accounts, such as sweep and cash management services.
- $1.00 minimum balance required to open
- No monthly maintenance service charge
- No per check fees, deposit fees or per item fees
Account Features
- FREE access to Online Banking1
- FREE access to Mobile Banking with Mobile Deposit2,3
- FREE night depository service
- FREE American Bank Visa® Business Debit Card4
- FREE check images available through AmericanBank Online
- FREE 50 Bill Pay transactions per month; $0.60 per Bill Pay transaction thereafter
- $50 credit for 1st order of checks5
- Download transactions at no charge to QuickBooks3,6
- Non-American Bank ATMs - We do not assess a fee for transactions performed at non-American Bank ATMs7
- Surcharge Free ATM Access - Look for Allpoint & No Sur! Accel ATMs
- Statements - e-Statement, no charge; Paper statements without check images, no charge; Paper statements with check images are available for a fee upon request
- Courier service (checks only)
1 Internet service provider charges apply
2 Mobile device and usage charges may be assessed by your carrier
3 Online Banking required
4 Overdraft Item fees may apply
5 Order must be placed at account opening using Bank's vendor
6 Software purchase required
7 Fees may be charged by the owner/operator of the ATM
| Tiers | Interest Rate | APY |
|---|---|---|
| $0.00 - $999.99 | 0.50% | 0.50% |
| $1,000.00 - $9,999.99 | 0.50% | 0.50% |
| $10,000.00 - $24,999.99 | 0.50% | 0.50% |
| $25,000.00 - $49,999.99 | 0.50% | 0.50% |
| $50,000.00 - $99,999.99 | 1.00% | 1.01% |
| $100,000.00 - $999,999.99 | 1.00% | 1.01% |
| $1,000,000.00 - $2,499,999.99 | 1.00% | 1.01% |
| $2,500,000.00 and above | 1.24% | 1.25% |
- Interest is compounded daily & earned on the daily balance based on a tiered-rate structure
- $1.00 minimum balance required to open
- No monthly maintenance service charge
- No per check fees, deposit fees or per item fees
- This is a tiered-rate account. The interest rate and APY may change after account opening
- Fees may reduce earnings on the account
- Rates are subject to change at any time without notice
How to Apply
If you’re interested in applying for a business deposit account, you can visit our location at 4029 West Tilghman Street, Allentown, PA during business hours or contact us.