Other Services
Wires
AmBank offers a quick way to transfer funds by means of wire
from our bank to another financial institution that accepts wire
transfers. For a small fee of $12.00, AmBank can transfer any
amount of collected guaranteed funds to a designated financial
institution within the USA. To wire funds internationally,
AmBank charges a fee of $37. This service is strictly available
to AmBank customers only. When requesting to transfer fund by
wire, please provide the receiving financial institution’s wire
instructions.
Safety Deposit Boxes
The Safety Deposit Box is a safe way to store one’s own personal
items. AmBank does offer the use of safety deposit boxes to our
customers. Safety deposit boxes are fireproof and enclosed
behind a secure vault. Our safety deposit boxes range in 4
different sizes: 3 inches tall by 5 in. wide, 3 in tall by 10 in
wide, 5 in tall by 10 in wide, or 10 in tall by 10 in wide. All
Safety Deposit Boxes are 22 in deep. The following table shows
the Safety Deposit Boxes sizes compared to their annual rental
fee.
|
Sizes |
Annual Rental Fee |
| 3x5x22 |
$12 |
| 3x10x22 |
$20 |
| 5x10x22 |
$25 |
| 10x10x22 |
$45 |
With all Safety Deposit Boxes, a one time refundable $10.00 key
deposit is required at opening of Safety Deposit Boxes.
Time Deposit Certificate
The Time Deposit Certificate is an excellent way to earn
interest with your money. Our time deposits offer competitive
tiered interest rates ranging from 3 months to 5 years. Interest
is figured daily and paid monthly. With AmBank’s Time Deposit
Certificates, interest may be transferred to an existing
account, paid by mailed check, or capitalized back onto the Time
Deposit Certificates. AmBank may charge a fee for early closing
of a Time Deposit Certificates.
Click here to view interest rates.
The annual percentage yield assumes interest remains on
deposit until maturity. A withdrawal will reduce earnings.
We may impose a penalty if you withdraw any of the principal
before the maturity date. For an account with a term of 31 days
or less, the penalty will be seven days' interest on the amount
withdrawn. the penalty will equal to 1 month's interest for
accounts greater than 31 days to 1 year OR 3 months interest for
accounts greater than one year.
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