Money Market Accounts
Our Money Market is right for high balance accounts that need more competitive rates. This account is a tiered interest rate product - the larger the deposit, the higher the interest rate earned. The interest is compounded monthly and paid monthly.
SOAR Statement Savings
Our most popular savings account. Earn a variable savings rate, compounded quarterly. You'll receive a regular statement that conveniently records each transaction and the interest you earn. SOAR Statement Savings customers can also access their savings from any ATM, and your earned interest is tiered to give you the best possible rate based on the way you save.
Certificate of Deposit
Certificate of Deposit (CD) account terms range from 3 months to 10 years. Businesses with long-term goals and planned financial cash flow can benefit from our CD interest rates and flexible maturities. Choose any term or any specific maturity date your business requires and AmeriServ will open a CD to meet your needs. Investments of $100,000 or more may have higher interest rates. This is an excellent way to earn interest on your savings. Early withdrawal penalties apply.
Businesses with large balances and the need for liquidity will benefit from our Daily Sweep Service. Idle collected balances are invested daily into interest-earning funds - and there are various funds you can choose. This service compliments all of our business checking products. All transfers to or from your account are fully automated. A monthly activity statement provides you with important account details. Contact us for complete details.