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  All America Bank Regular Savings Account
All America Bank Regular Savings Account
in Savings Accounts from All America Bank
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All America Bank Regular Savings Account

Unaffiliated
in Savings Accounts from All America Bank
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Highlights
Monthly Fee $0 - $5
APY (Annual Percentage Yield) 0.05%
Minimum Balance to Earn APY $25

All America Bank Regular Savings Account Review

All America Bank Regular Savings Account is offered by All America Bank, founded in 1927 and based in Cache, OK. All America Bank Regular Savings Account is available in 1 state across the USA.

Key Takeaways
  • Higher than average APY. All America Bank Regular Savings Account has an annual percentage yield of up to 0.05%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $25.
  • Charges a monthly fee. This account charges a monthly service fee of up to $5, but the fee is waived if you keep a minimum balance of $25.
All America Bank Regular Savings Account Pros & Cons
Pros Cons
  • Interest-yielding account.
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card
  • Not FDIC-insured.
  • Only available in one state.
  • Higher than average wire transfer fees.
  • Monthly service charge.
All America Bank Regular Savings Account FAQ

Are savings accounts from All America Bank federally insured?

No, your All America Bank savings accounts are not insured by a federal insurance agency. This means that if All America Bank were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

Does All America Bank offer a signup bonus?

All America Bank Regular Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for All America Bank Regular Savings Account?

The minimum deposit to open a All America Bank Regular Savings Account is $50.
All America Bank Regular Savings Account Minimums
Description
Minimum Balance to Avoid Monthly Fee Starting at $25
Minimum Balance to Earn APY $25
Minimum Combined Balance to Avoid Monthly Fee $25
Minimum Opening Deposit Starting at $50

What APY does All America Bank offer?

All America Bank Regular Savings Account offers an APY of 0.05% (APY stands for annual percentage yield, rates may change).

The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually.

What fees does All America Bank Regular Savings Account charge?

All America Bank Regular Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fees if you have a minimum daily balance of $25. You can also waive the fee by keeping a combined balance of $25.

  • Outgoing domestic bank transfers come with a $25 fee.
  • Outgoing international bank transfers come with a $40 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • All America Bank Regular Savings Account charges $3 every time you request a paper statement.

What features and perks does All America Bank Regular Savings Account offer?

This savings account includes the following features:

Can you set up a direct deposit to All America Bank Regular Savings Account?

In most cases, the answer is yes. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for All America Bank Regular Savings Account?

The customer support email for All America Bank Regular Savings Account is info@allamerica.bank.

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Availability

  Available in 1 state
Oklahoma
Availabile in all of Oklahoma

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $25
Minimum Balance to Earn APY $25
Minimum Combined Balance to Avoid Monthly Fee $25
Minimum Opening Deposit Starting at $50
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Monthly Fee $0 - $5
Paper Statement Fee $3
Returned Deposit Fee (Domestic) $25
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Outgoing) $40
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Bauer Financial A+/A Rating
Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Check Images with Statement
  • Mobile Banking
  • Fraud Monitoring
  • Automatic Transfers
  • Bauer Financial A+/A Rating
  • Branch Access
APY (Annual Percentage Yield) 0.05%

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