Loading
Tap on the profile icon to edit
your financial details.
Advertiser Disclosure

American First National Bank Review

Your Details Done
by Updated
American First National Bank Savings
0.20% APY
1. Overview 2. How We Rated It 3. Products Offered 4. Branch Locations

Overview

American First National Bank was founded in 1998 and its headquarters are located in Houston, Texas. American First National Bank manages assets of $1 billion as well as deposits totaling $1 billion, which makes it a large bank. American First National Bank lacks premium access to customer service, with no options for live chat or all-day service. It is a conventional brick-and-mortar bank with in-person service, in addition to its online and mobile apps. SmartAsset has rated American First National Bank 3.7 stars out of 5, suggesting it is an acceptable bank choice, but may leave you wanting more. American First National Bank offers numerous banking products, which include savings accounts, checking accounts, CDs and IRAs. It has a fair savings rate compared to the average savings account. If you're looking for a checking account for everyday use, American First National Bank offers an option without a monthly fee. Finding a bank with free checking and a high interest rate savings account is the best bet for accruing the most income on your deposits while maintaining easy access to your funds.

How We Rated It

SmartAsset's Overall Rating

3.7/5
National Average: 4.1

The overall rating is a weighted average of rates, fees, service quality and financial health.Read more

Rates

3.3
SmartAsset Average: 3.5

American First National Bank features a savings rate of 0.20%, which is fair compared to other U.S. banks. Its one-year CD has a rate of 0.60%, while its highest-yielding money market account has a rate of 0.30%. Given its below average savings rate, you should consider other options to earn more on your deposits.

How American First National Bank's Savings Rates Compare

American First National Bank Savings 0.20 National Average 0.26 Compare Offers
Back to Overview

Fees

4.0
SmartAsset Average: 4.4

American First National Bank charges its customers average fees as compared against the national average. Its checking account has no monthly fee, ranking it excellent for anyone looking for a simple account. For those who will need cash in a pinch, it is fair because it charges an out-of-network ATM fee of $2.00, which is reasonable compared to the average U.S. bank. American First National Bank unfortunately doesn't reimburse out-of-network ATM charges, which means you'll need to find an American First National Bank ATM or eat the withdrawal fee.

Monthly Fee $0 National Average: $3.21
Non-network ATM Fee $2.00 National Average: $1.20
Overdraft Fee N/A National Average: $35.00
Back to Overview

Service Quality

2.5
SmartAsset Average: 3.7

American First National Bank is a brick-and-mortar bank, with 17 total bank locations in California, Nevada and Texas. It also offers access to mobile and web apps for a straightforward mobile-banking experience. American First National Bank's mobile app allows you to manage your accounts by looking at account balances, transferring funds as well as accessing support representatives. American First National Bank gets a superb consumer satisfaction score based on comparatively few complaints reported to the Consumer Financial Protection Bureau (CFPB), a government financial agency that protects consumers in the financial sector.

Overall Mobile Rating NR
Consumer Satisfaction Rating 5.0/5
Online Banking Portal No
Live Chat No
Back to Overview

Financial Health

4.8
SmartAsset Average: 4.8

American First National Bank is currently a large bank owning $1 billion in assets as well as $1 billion in deposits. Its Texas Ratio is 5.46%, suggesting a tiny chance of failure. Additionally, American First National Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.

Texas Ratio Analysis

5.46%
High Risk 75% 50% 20% 10% Low Risk

The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.

Back to Overview

Compare American First National Bank to Other Competitive Offers

Products Offered

Product Current Terms and Rates Minimum Balance for APY
Savings Account 0.2% APY $100
Checking Account 0.1% APY $1000
Certificates of Deposit
  • 12 Month: 0.60% APY
  • 24 Month: 0.70% APY
  • 36 Month: 0.85% APY
$1500 for all terms
Money Market Account 0.25% APY $10000

American First National Bank has several deposit products including savings accounts, checking accounts and CDs to give you many options to manage your money. American First National Bank does not have the best savings rate, which means you should think about taking a look elsewhere for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. American First National Bank's CD rates are fair compared to the national average.

Back to Overview

Find a American First National Bank Near Me

American First National Bank has 17 physical locations across the U.S.

Back to Overview
Save more with these rates that beat the National Average
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure