Heritage Bank Term Deposit Rates

Posted : admin On 7/15/2022

Heritage Bank Interest Rate

Here. For Neighbors Ready To Put Their Money To Work.

Deposit Accounts

Deposit Rates - Effective October 20, 2020

Money Market Accounts
Deposit Amount	Interest Rate	Annual Percentage Yield (APY)*
$0.01 - $9,999.99	0.05%	0.05%
$10,000.00 - $24,999.99	0.10%	0.10%
$25,000.00 and over	0.15%	0.15%

NOW Accounts and Heritage 50
Deposit Amount	Interest Rate	Annual Percentage Yield (APY)*
$0.01 - $9,999.99	0.05%	0.05%
$10,000.00 - $24,999.99	0.10%	0.10%
$25,000.00 and over	0.15%	0.15%

Legacy Small Business Checking Account
Deposit Amount	Interest Rate	Annual Percentage Yield (APY)*
$10,000.00 and over no interest is paid on balances less than $10,000.00	0.10%	0.10%

Savings Accounts
Deposit Amount	Interest Rate	Annual Percentage Yield (APY)*
$100.00 and over no interest is paid on balances less than $100.00	0.05%	0.05%

IRA Savings Account
Deposit Amount	Interest Rate	Annual Percentage Yield (APY)*
$0.01 and over	0.10%	0.10%

Heritage bank term deposit interest rates

Certificates of Deposit

CODs
Term	Minimum Deposit to Open	Interest Rate	Annual Percentage Yield (APY)*	Early Withdrawal Penalty
7-31 Days	$1,500.00	0.10%	0.10%	1/2 of Term
32-90 Days	$1,500.00	0.15%	0.15%	15 Days
91-181 Days	$1,500.00	0.20%	0.20%	45 Days
182-364 Days	$1,500.00	0.25%	0.25%	3 Months
12 Months	$500.00	0.35%	0.35%	6 months
18 Months	$500.00	0.40%	0.40%	9 months
24 Months	$500.00	0.50%	0.50%	12 months
36 Months	$500.00	0.55%	0.55%	18 months
48 Months	$500.00	0.55%	0.55%	24 months
60 Months	$500.00	0.60%	0.60%	30 months

*Annual Percentage Yields (APY’s) are accurate as of 10/20/2020. $50 minimum deposit required to open a checking or savings account. 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.

Heritage Bank Interest Rate

NOW Accounts and Heritage 50; Deposit Amount. Annual Percentage Yield (APY). $0.01 - $9,999.99. $10,000.00 - $24,999.99. For more information about our interest rates and products phone our Queensland based Contact Centre on 13 14 22 or drop into your local Heritage Bank branch. You can find out more information about types of interest rates, including variable, fixed, partially-fixed and introductory rates.