Interest Bearing and Premium Checking Accounts
Heritage Bank offers the following checking accounts:
Heritage Bank also offers a free checking account.
Interest Checking Account
Interest Checking is a personal interest-bearing demand deposit account that pays interest according to set minimum balance tiers.
- Monthly Fees
- $10.00 monthly base fee or $1000.00 minimum daily balance.
- 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
- ATM/Debit Card
-
- Free ATM/Debit card
- Free unlimited usage of Heritage Bank ATMs
- $300 daily withdrawal limit / $1,000 daily purchase limit
- $1.50 to use a 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 Fees
- Base fee of $15.00 that can be waived if minimum daily balance of $25,000 is maintained.
- Opening Deposit
- $50.00
- Interest
- Interest paid monthly and compounded daily on collected balances of $1,000 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! A $83.40 Value
- Statement
- Monthly statement with check images
- Checks
- $10 credit on specialty checks or Free standard checks
- Travelers Cheques
- Free – no limit
- Safe Deposit Box
- Free 3″ x 5″ (if available) or $35 credit towards larger box
- Other Features
-
- Free unlimited check-writing
- Free Online Banking
- Free Telephone Banking
- Free standard, personalized “Premium Account” checks
- Free Travelers Cheques and Official Checks
- Free Safe Deposit Box for life of account
- Free check image statements
- Access to other financial institution services including Direct Deposit and electronic transfers
- ATM/Debit Card
-
- Free ATM/Debit card
- Free unlimited usage of Heritage Bank ATMs
- $300 daily withdrawal limit / $1,000 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 base fee of $5.95 per month with no minimum balance requirements. The account offers a bundled package of services that help protect you and your family.
- Monthly Fees
- Base fee of $5.95 (without Direct Deposit) will be imposed every statement cycle; or
- Base fee of $4.95 (with Direct Deposit) will be imposed every statement cycle.
- In addition to the base fee stated above:
- $1.00 credit back will be given when you sign up for eStatements or when you use your Debit Card at Point-of-Sale (POS) terminals at least 25 times (the transactions must post to the account) within the statement cycle; or
- $2.00 credit back will be given when you sign up for eStatements and when you use your Debit Card at Point-of-Sale (POS) terminals at least 25 times (the transactions must post to the account) within the statement cycle.
- Opening Deposit
- $50.00
- BillPay
- FREE! A $83.40 Value
- Other Features
-
- Free unlimited check-writing 1
- Free Online Banking 2 and Telephone Banking 2
- ATM/ Debit Card
- Free Bill Pay 3
- Additional features available. Ask a customer service representative for more details.
- ATM/Debit Card
-
- Free ATM/Debit card
- Free unlimited usage of Heritage Bank ATMs
- $300 daily withdrawal limit / $1,000 purchase limit
- $1.50 to use a non-Heritage Bank ATM
1 Subject to available funds.
2 Data and/ or internet service provider fees may apply.
3 Deposit must post within the statement cycle.
