Is there a minimum deposit required to open a bank account?
Asked a year ago
Yes, there is a minimum deposit required to open a bank account at American Savings Bank. The specific amount varies depending on the type of account you choose. For our basic savings account, the minimum deposit is $25. If you're looking to open a checking account, the minimum deposit is $50. We also offer other types of accounts, such as money market accounts or certificates of deposit, which may have different minimum deposit requirements. Please refer to our account options for detailed information, or feel free to contact our customer service team who will be happy to assist you in selecting the right account that suits your needs.
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