
Heritage Bank has a variety of unique business savings plans for your farm, business or non-profit organization. Whether you’re looking to simply set money aside, or invest for the future, a Heritage Bank savings account can get your dollars working harder for you!
Select from one of our business savings accounts below:
Universal Savings APPLY TODAY |
Jumbo Deposit Account APPLY TODAY |
Heritage Direct Savings APPLY TODAY |
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Interest Bearing: | YES Compounded and credited quarterly |
YES Compounded and credited monthly |
YES Compounded and credited monthly |
Minimum Opening Deposit: | $50 | $1,000 | $1,000 |
Daily Minimum Balance Required: | $50 average daily balance | $.01 | $1,000 minimum balance for APY |
Electronic Statements: | Available for free | Required and free | Required and free |
Service Fee: | 6 free withdrawals per month, $3 each thereafter $5 a month service charge if average available balance drops below $50 |
$15 per month if not enrolled for electronic statements | $4 per month if not enrolled for electronic statements $17 monthly service charge if account balances fall below $1,000 daily minimum ledger balance |
Debit Card: | YES | N/A | N/A |
Digital Banking App Available: | YES | YES | YES |
Interest Rates: | Earn 0.05% APY1 | $230,000 minimum balance to earn 3.02% APY1
$100,000 minimum balance to earn 2.04% APY1 $.01 minimum balance to earn 1.01% APY1 |
$1,000 minimum balance to earn 0.14% APY1 |
- APY = Annual Percentage Yield. Fees may reduce earnings. Interest rate is variable and may change after the account is opened. Effective since January 1, 2023.
- Overdrafts & NSF: $33 per item
- $30 fee if account is closed within 6 months of opening