Last updated on 2024-10-16
Decent yields for savings account
Convenient online banking
Low min. balance of $0.01
Physical branches only in Minnesota, Iowa and South Dakota
Higher APY only applicable with min. $230k deposit
Interest Rate | |
---|---|
$0.01 to < $100k | 1.01% APY |
$100k < $230k | 2.04% APY |
$230k to < $2m | 3.02% APY |
$2m & above | 4.00% APY |
Receive up to 4.00% APY with minimum deposit of $230,000 in your Heritage Bank jumbo savings account
Minimum opening deposit of $1,000
Minimum balance of $0.01
Interest is compounded and credited monthly
All-electronic account that can only be managed online
Funds can be deposited via transfers, online banking
Funds can only be withdrawn via transfers or online / mobile banking or direct deposits
Sign up for free eStatements ($15 per month fee will be charged if paper statements are mailed through US Mail)
6 withdrawals of any type, per month after which $30 service fee will be charged
$30 wire transfer fee waived for one outgoing domestic wire transfer per month
Unlimited incoming domestic wires at no charge
Click here to go to Heritage Bank website for more details
Heritage Bank is a Midwestern community-focused bank with operations in Minnesota, Iowa and South Dakota. Online banking is available via app or website for all customers
Heritage Bank can be contacted via online banking secure messaging, contact form via their website, mail, in person at any of the branches or phone support at 1-800-344-7048
Heritage Bank is a member of FDIC which covers the aggregated deposits of a depositor to up to US$250,000