American Bank Savings
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1
Age GroupAge RangeSavings Amount
Response Rate
2
Young Millenials18-24I don't have a savings account22.4%
3
Young Millenials18-24$021.8%
4
Young Millenials18-24
Just the minimum balance requirement
9.7%
5
Young Millenials18-24Less than $1,00019.1%
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Young Millenials18-24$1,000-$4,99914.7%
7
Young Millenials18-24$5,000-$9,9994.7%
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Young Millenials18-24$10,000 or more7.5%
9
Older Millenials25-34I don't have a savings account18.0%
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Older Millenials25-34$026.3%
11
Older Millenials25-34
Just the minimum balance requirement
10.6%
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Older Millenials25-34Less than $1,00015.2%
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Older Millenials25-34$1,000-$4,99912.5%
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Older Millenials25-34$5,000-$9,9995.4%
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Older Millenials25-34$10,000 or more12.1%
16
Young Gen Xers
35-44I don't have a savings account18.9%
17
Young Gen Xers
35-44$031.6%
18
Young Gen Xers
35-44
Just the minimum balance requirement
6.6%
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Young Gen Xers
35-44Less than $1,00011.6%
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Young Gen Xers
35-44$1,000-$4,9999.8%
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Young Gen Xers
35-44$5,000-$9,9995.6%
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Young Gen Xers
35-44$10,000 or more16.0%
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Older Gen Xers45-54I don't have a savings account21.6%
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Older Gen Xers45-54$030.8%
25
Older Gen Xers45-54
Just the minimum balance requirement
7.7%
26
Older Gen Xers45-54Less than $1,00010.9%
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Older Gen Xers45-54$1,000-$4,9997.5%
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Older Gen Xers45-54$5,000-$9,9995.2%
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Older Gen Xers45-54$10,000 or more16.2%
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Baby Boomers55-64I don't have a savings account22.8%
31
Baby Boomers55-64$028.4%
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Baby Boomers55-64
Just the minimum balance requirement
8.4%
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Baby Boomers55-64Less than $1,00010.7%
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Baby Boomers55-64$1,000-$4,9998.0%
35
Baby Boomers55-64$5,000-$9,9994.8%
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Baby Boomers55-64$10,000 or more16.8%
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Seniors65+I don't have a savings account21.6%
38
Seniors65+$027.6%
39
Seniors65+
Just the minimum balance requirement
10.7%
40
Seniors65+Less than $1,0008.2%
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Seniors65+$1,000-$4,9997.2%
42
Seniors65+$5,000-$9,9994.7%
43
Seniors65+$10,000 or more20.0%
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OverallOverallI don't have a savings account21.0%
45
OverallOverall$028.0%
46
OverallOverall
Just the minimum balance requirement
9.0%
47
OverallOverallLess than $1,00013.0%
48
OverallOverall$1,000-$4,99910.0%
49
OverallOverall$5,000-$9,9995.0%
50
OverallOverall$10,000 or more14.0%
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