Interest Bearing and Premium Checking Accounts
Heritage Bank offers the following checking accounts:
Interest Checking Account
The Interest Checking Account is a personal interest-bearing demand deposit account that pays interest according to set minimum balance tiers.
- Monthly Base Fee / Balance Requirement
- $10.00 monthly base fee can be waived with a minimum daily balance of $2,000.00.
- Opening Deposit
- $50.00
- Interest
- Interest paid monthly and compounded daily on collected balances of $1,000 or more.
- Interest Tiers
-
- $0.00 – $999.99 Tier I – No interest earned
- $1,000.00 – $9,999.99 Tier II
- $10,000.00 – $24,999.99 Tier III
- $25,000.00 and over Tier IV
- BillPay
- $6.95 per month
- Checks
- Customer pays for all check orders
- Other Features
-
- Free unlimited check-writing
- Free Online Banking
- Free Telephone Banking
- Free check image statements
- Access to other financial services including Direct Deposit and electronic transfers
- Automated Teller Machine (ATM)
-
- Free Heritage Bank Visa Check card
- Free unlimited usage of Heritage Bank ATMs
- $500.00 daily cash withdrawal limit / $1,500.00 daily purchase limit
- $1.50 to use non-Heritage Bank ATM. (Waived if the minimum daily balance requirement is met).
Premium Account
The Premium Account is an account package geared to customers who maintain a high-balance in their checking account. The account pays interest according to set minimum daily balance tiers and offers a number of other bank-related perks for those that prefer a flat monthly base fee that will be waived if the customer maintains a minimum daily balance of $25,000.
- Monthly Base Fee / Balance Requirement
- $25.00 monthly base fee that can be waived with a minimum daily balance of $25,000.00
- Opening Deposit
- $50.00
- Interest
- Interest paid monthly and compounded daily on collected balances of $1,000.00 and over.
- Interest Tiers
-
- $0.00 – $999.99 Tier I – No interest earned
- $1,000.00 – $24,999.99 Tier II
- $25,000.00 – $49,999.99 Tier III
- $50,000.00 – $99,999.99 Tier IV
- $100,000.00 and over Tier V
- BillPay
- FREE! ($83.40 value)
- Statement
- Monthly statement with check images
- Checks
- $10.00 credit on specialty checks or free Premium checks
- Safe Deposit Box
- Free 3″ x 5″ (if available) or $40.00 credit towards larger box
- Other Features
-
- Free unlimited check-writing
- Free Online Banking
- Free Telephone Banking
- Free check image statements
- Access to other financial institution services including Direct Deposit and electronic transfers
- Automated Teller Machine (ATM) Heritage Bank Visa Check Card
-
- Free Heritage Bank Visa Check Card
- Free unlimited usage of Heritage Bank ATMs
- $500 daily cash withdrawal limit / $1,500.00 purchase limit
- $1.50 to use a non-Heritage Bank ATM (waived if the minimum daily balance requirement is met.)
Premium Value Account
The Premium Value Account is designed to provide complete value to your checking account. The account has a monthly base fee with no minimum balance requirement. The account offers a bundled package of services that may help protect you and your family.
- Monthly Base Fee / Balance Requirement
- No minimum balance requirement.
- $6.95 monthly base fee (without Direct Deposit) will be imposed every statement cycle; or
- $5.95 monthly base fee (with Direct Deposit) will be imposed every statement cycle.
The monthly base fee can be reduced by:
- $1.00 credit back
- While enrolled for Electronic Delivery of Account Statements (eStatements)
- When 25 Heritage Bank Visa Check Card Point-of-Sale(POS) transactions post and clear to the account with statement cycle.
OR
- $2.00 credit back
- While enrolled with Electronic Delivery of Account Statements (eStatements)
- When 25 Heritage Bank Visa Check Card Point-of-Sale(POS) transactions post and clear to the account with statement cycle.
AND
- Opening Deposit
- $50.00
- BillPay
- FREE! ($83.40 value)
- Other Features
-
- Free unlimited check-writing
- Free Online Banking and Telephone Banking
- Heritage Bank Visa Check Card
- Free Bill Pay
- Additional features available. Ask a customer service representative for more details.
- Automated Teller Machine (ATM)
-
- Free Heritage Bank Visa Check Card
- Free unlimited usage of Heritage Bank ATMs
- $500 daily cash withdrawal limit / $1,500 purchase limit
- $1.50 to use a non-Heritage Bank ATM
