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 08/21/2026 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. Offer may be withdrawn at any time.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.