by Tasha Lee | Aug 20, 2019 | Personal Banking
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... 
by Tasha Lee | Jul 31, 2019 | Trust & Wealth Management
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... 
by Tasha Lee | Jul 24, 2019 | Mortgage
The American Bank & Trust mortgage team has helped a lot of people through the new construction process. With any mortgage lending process, the timing and considerations vary. And that’s why you need a mortgage expert. Customers come to American Bank & Trust... 
by Tasha Lee | Jul 9, 2019 | Business 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... 
by Tasha Lee | May 28, 2019 | Latest News
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...