Savings Accounts

It is never too early – or too late – to start saving! We offer competitive rates and easy ways to help you save each month automatically. Contact us to start the application process today or visit one of our convenient locations.

 Savings Calculator  Locations Switch Kit  Kasasa Saver

Account Options

Options 

Regular

New Generation

Legacy Relationship Money Market

Christmas Club

Features

Basic savings account that everyone needs as part of their financial plan

Designed for age 18 and under and/or a full time student*

Designed for customers who want to earn the highest rates and are Relationship Checking customers

Start saving for Christmas early

Opening Deposit 

$200

$5

$2,000

$25

Pays Interest* 

Yes

Yes

Yes, tiered rates

Yes

Minimum Balance 

$200 minimum daily balance must be maintained to avoid $15 quarterly fee

None

Maintain a Legacy Relationship Checking or Founder's Club Checking to waive the $25 monthly service charge.

None

Service Charges

$15 if balance drops below $200

QUARTERLY CHARGE

None

$25 if balance drops below minimum monthly balance requirement

MONTHLY CHARGE

None

Withdrawal Limits

^3 withdrawals or transfers per quarter with no fee; $2 for each additional transaction with no more than 6 allowed per month

^3 withdrawals or transfers per quarter with no fee; $2 for each additional transaction with no more than 6 allowed per month

^3 withdrawals or transfers per month with no fee; $3 for each additional transaction with no more than 6 allowed per month

Automatic withdrawal each year as of 10/31; if money is withdrawn early, the account is closed and cannot be reopened until 11/1; can be manually reopened and begin new cycle each year on 11/1

Online & Mobile Banking and Mobile deposit

Yes

Yes

Yes

Yes

All savings accounts earn interest based on the annual percentage yield (APY). Money Market accounts pay interest on tiered rates based on account balances. Contact Heritage Bank & Trust for current rates.

^Transactions from Savings and Money Market accounts have regulatory limits.

* Guardian must sign since minor account. Account can be converted to Regular Savings account when minor at account opening turns 18 or student reaches 21 years of age.

Contact a Heritage Bank & Trust client banker for current rates, full description and disclosures.

 

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