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First Time Home Buyers Savings Account

First Time Home Buyers Savings Account

Did you know, thanks to the passage of legislation this year, people who want to save for a down payment on their first home in Minnesota and Iowa can now take advantage of a First-Time Homebuyer Savings Account? The Minnesota Bankers Association worked with a broad coalition of interest groups at the state Capitol to pass a bill that, beginning in tax year 2017, allows that a standard savings account can be exclusively dedicated for down payment funds and closing costs for a first home …

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Caution advised on high land rental rates

Caution advised on high land rental rates

Many crop producers in the Upper Midwest are coming off one of their best years ever in 2015, as far as corn and soybean yields are concerned. In addition, many farm operators in the same region that are enrolled in the new Ag Risk Coverage (ARC-CO) farm program option recently received a significant ARC-CO payment on their 2014 corn crop, and some producers also received an ARC-CO payment on their 2014 soybean crop. These two factors are leading some farm operators to be overly optimistic …

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Annual Card Party always draws a crowd in Holstein

Senior customers from all over northwestern Iowa gathered on Thursday, Oct. 1 for Heritage Bank’s Annual Customer Celebration in Holstein. Bridge players and 500 players competed at tables in Holstein’s Veteran’s Memorial Hall all afternoon and enjoyed a community meal to wrap up the evening.

Several of the Heritage Bank Employee Owners were on hand to lead the party and hand out plenty of door prizes. “This event really brings our communities together to enjoy the fellowship of playing cards and, of course, great food!” Duane …

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Heritage Bank welcomes City of Lytton to share the block

Revitalizing an underutilized downtown building with new owners, new tenants 

[LYTTON, IA] – Heritage Bank welcomes the City of Lytton to share space in the building at 200 Main Street. Heritage Bank has donated the building to the City of Lytton but will remain as a tenant in the corner location with an east facing door. The City, which was in need of additional space, will be located on the west side of the building and can be entered from the south entrance.

For more than 100 years, …

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