Here. For Neighbors Ready To Put Their Money To Work.
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Deposit Accounts
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Deposit Rates - November 15, 2022
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Money Market Accounts
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Deposit Amount
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Interest Rate
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Annual Percentage Yield (APY)*
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$0.01 - $9,999.99
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0.05%
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0.05%
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$10,000.00 - $24,999.99
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0.10%
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0.10%
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$25,000.00 and over
See below for information about the current Money Market Special.
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0.15%
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0.15%
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NOW Accounts and Heritage 50
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Deposit Amount
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Interest Rate
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Annual Percentage Yield (APY)*
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$0.01 - $9,999.99
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0.05%
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0.05%
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$10,000.00 - $24,999.99
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0.10%
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0.10%
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$25,000.00 and over
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0.15%
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0.15%
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Legacy Small Business Checking Account
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Deposit Amount
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Interest Rate
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Annual Percentage Yield (APY)*
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$10,000.00 and over
no interest is paid on balances less than $10,000.00
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0.10%
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0.10%
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Savings Accounts
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Deposit Amount
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Interest Rate
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Annual Percentage Yield (APY)*
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$100.00 and over
no interest is paid on balances less than $100.00
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0.10%
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0.10%
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IRA Savings Account
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Deposit Amount
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Interest Rate
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Annual Percentage Yield (APY)*
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$0.01 and over
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0.10%
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0.10%
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Certificates of Deposit
CODs
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Term
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Minimum Deposit to Open
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Interest Rate
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Annual Percentage Yield (APY)*
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Early Withdrawal Penalty
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7-31 Days
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$1,500.00
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0.05%
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0.05%
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1/2 of Term
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32-90 Days
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$1,500.00
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0.10%
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0.10%
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15 Days
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91-181 Days
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$1,500.00
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0.15%
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0.15%
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45 Days
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182-364 Days
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$1,500.00
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0.20%
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0.20%
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3 Months
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12 Months
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$500.00
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0.50%
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0.50%
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6 months
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18 Months
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$500.00
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0.30%
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0.30%
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9 months
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24 Months
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$500.00
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0.40%
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0.40%
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12 months
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36 Months
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$500.00
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0.45%
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0.45%
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18 months
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48 Months
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$500.00
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0.45%
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0.45%
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24 months
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60 Months
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$500.00
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0.50%
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0.50%
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30 months
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| Day/Year | Term | Minimum | Penalty | Interest Rate | APY |
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CD Specials
| 365/366 |
10 Month |
$2,000.00 |
3 Months |
2.96% |
3.00% |
| 365/366 |
18 Month |
$2,000.00 |
9 Months |
3.20% |
3.25% |
Money Market Account Special
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Deposit Amount
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Interest Rate
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Annual Percentage Yield (APY)*
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| $0.01 - $9,999.00 |
0.05% |
0.05% |
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$10,000 - $24,999.99
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0.10%
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0.10%
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$25,000.00 and over*
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2.50%
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2.53%
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* Conditions for Money Market Special: $25,000 is the minimum deposit required. The Special is open to consumers and businesses, but public funds are excluded. The promotional rate is only available for new money deposited into a new promotional money market account at Heritage Bank. New money is defined as funds not on deposit at Heritage Bank within the last 12 months. Stated APYs will be paid on qualifying balances for 180 days from the date of account opening. After 180 days, all balances are subject to the bank's non-promotional variable rates. In order to qualify for the Promotional Rate of 2.50% interest rate and 2.53% APY, you must keep a balance of at least $25,000 in your account. If your balance falls into a particular rate tier below $25,000, your entire balance will earn the applicable rate in effect for that tier.
Annual Percentage Yields (APY’s) are accurate as of 11/15/2022. Rates may change after account opening. Fees may reduce earnings. On Certificates of Deposit, an early withdrawal penalty will apply, as noted on each product above. Public Funds ineligible for promotional CD rates.