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What is a CD Account & How Does it Help You Save?

In banking, CD is an acronym that stands for certificate of deposit (CD). It is a federally insured bank account that comes with fixed-rate earnings and a fixed-date of withdrawal, also known as the maturity rate. Once the maturity rate of a CD is reached, you can...

Estate Planning and Second Marriages

According to a study from the Pew Research Center, about 40% of new marriages include one person who has previously been married. In some 20% of weddings, both partners have been married before. This has led to an increase in the number of “blended...

Frequently Asked Questions on the Kiddie Tax

The “kiddie tax” is a term used to refer to the Tax on a Child’s Investment and Other Unearned Income. American Bank & Trust compiled answers to frequently asked questions on recent updates made to this child tax. What is the kiddie tax? The kiddie tax is a...

Updates Coming Soon to Business Online Banking

We are excited to announce that coming in mid-July, our Business Online Banking platform is getting upgraded look, feel and functionality.  Here are a few highlights you should know - The navigation will be restructured, giving users improved usability and better...

Personal Debt Management: 4 Things You Need to Know

Debt. No one wants it, but most people have some. Poor debt management can drag you down financially and emotionally and feel like a big obstacle, hovering like a black cloud over your life. Debt doesn’t have to be all doom and gloom, though. It can be...

American Bank & Trust Invests in Future Leaders

In a continuing effort to retain our best and brightest students, American Bank & Trust and the South Dakota Bankers Foundation are providing scholarships to 15 graduating high school seniors from eastern South Dakota.  This year’s recipients of the $500...

Frequently Asked Questions from Home Buyers

In most cases, a home is the biggest purchase of a person’s life. So, it’s always good to ask questions. American Bank & Trust has worked with buyers and realtors alike on the process.And we invited Kate Patrick of 605 Real Estate to share her...

Tips on the Best Time to Buy a Home

For every person that’s ever bought a home, there are another ten people that tell you how or when you should do it. There is no perfect answer on when, but American Bank & Trust mortgage bankers study the housing market. So we can help you with a few...

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