Yes. The FDIC covers accounts up to $250,000 in deposits per account owner / ownership category at each insured bank.
Certificates Of Deposit
To celebrate AmeriServ's 125th Anniversary and the 250th Anniversary of our nation, we would like to offer you a great rate!
Let your money work while you relax this summer
With a personal CD from AmeriServ, you can save for anticipated household expenses, a landmark anniversary trip, or any other expected purchase.
A certificate of deposit (CD) is a product that provides an interest rate premium in exchange for your agreement to leave a lump-sum deposit untouched for a predetermined period of time.
FAQs
Yes. Penalties vary based on term. Please contact us for full details.
Yes. a CD can be owned by individuals (separately or jointly), organizations, and businesses.
*Annual percentage yield (APY) is accurate as of 08/01/2026 and assumes interest remains on deposit until maturity. Interest is compounded monthly and credited at maturity. A penalty may be imposed for early withdrawal that may reduce principal. Fees may reduce earnings. For CDs less than or equal to one year, the penalty equals 3 months of interest plus $15. Upon maturity, CD will automatically renew for the same term length at the then-current rate. You will have a grace period of seven (7) calendar days after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. Minimum deposit is $5,000 new money not already on deposit at AmeriServ. Cap of $100,000. Offer may be withdrawn at any time.
Money Market Account
Money Market accounts are similar to savings accounts, but with some checking account features added in.