Heritage Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 3.33% | Reward Checking | eCentive Account 1.96% - National Average |
| 2.47% | 5-year CD | 60 Month Triple Option CD 3.00% - Barclays 60 Month Online CD |
| 1.07% | 1-year CD | 12 Month Triple Option CD 2.30% - Ally Bank High Yield 12-Month CD |
Heritage Bank is headquartered in Spicer and is the 34th largest bank in the state of Minnesota. It is also the 1,681st largest bank in the nation. It was established in 1964 and as of March of 2018, it had grown to 124 employees at 12 locations. Heritage Bank's savings rates are 3X the national average, and it has a C+ health rating.
Related Posts
4/19 - Heritage Bank's Nationally Available eCentive Account Rate Soars
Working Well.
Heritage bank is new to this style of account. Opening was a bit rough.
They needed a picture of my driver's license, which I sent, and they lost.
They also lost my opening deposit check so I requested a trial deposit from my ally bank account but they would not let me look at my Heritage account to check the deposit amounts until a deposit was completed! Catch 22.
Have them initiate a deposit from your existing checking account..
Customer service was friendly and it was all straightened out. So far, everything is good.
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19254 |
| Year Established | 1964 |
| Employees | 124 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.59% |
| Return on Equity - YTD | 6.3% |
| Annual Interest Income | $4.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $412.6MM$376.3MM |
| Loans | Q1 2018vs Q1 2017 | $352.9MM$309.0MM |
| Deposits | Q1 2018vs Q1 2017 | $347.4MM$311.3MM |
| Equity Capital | Q1 2018vs Q1 2017 | $38.5MM$41.0MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $5.5MM$4.1MM |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $8.9MM$1.3MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $2.2MM$2.2MM |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
Heritage Bank Triple Option Cds - Interesting Features
(1) unlimited rate bumps anytime. Note that a rate bump EXTENDS the term of the CD.
(2) unlimited add-on capabilty capped at 100% of the original deposit
(3) penalty free withdrawal in case of a medical emergency.
Always verify rates and promotions with the bank or credit union. We are not Heritage Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Heritage Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.61%* | $230k* | - | Jumbo Deposit Account | ||
| OTHER TIERS: 0.10% → Up to $100k | 1.51% → $100k - $230k | |||||
| 1.61%* | $230k* | - | Business Jumbo Deposit Account | ||
| OTHER TIERS: 0.10% → Up to $100k | 1.51% → $100k - $230k | |||||
| 0.60% | $1k | - | HeritageDirect Savings | ||
| 0.60% | $1k | - | Business HeritageDirect Savings | ||
| 0.50%* | $10k* | - | Health Savings Account | ||
| OTHER TIERS: 0.15% → Up to $1k | 0.25% → $1k - $2,500 | 0.30% → $2,500 - $5k | 0.35% → $5k - $10k | |||||
| 0.50%* | $10k* | - | Business Health Savings Account | ||
| OTHER TIERS: 0.15% → Up to $1k | 0.25% → $1k - $2,500 | 0.30% → $2,500 - $5k | 0.35% → $5k - $10k | |||||
| 0.40%* | $199k* | - | Flex Gold Savings | ||
| OTHER TIERS: 0.20% → $1k - $50k | 0.25% → $50k - $99k | 0.30% → $99k - $199k | |||||
| 0.40%* | $199k* | - | Business Flex Gold Savings | ||
| OTHER TIERS: 0.20% → $1k - $50k | 0.25% → $50k - $99k | 0.30% → $99k - $199k | |||||
| 0.15% | - | - | Universal Savings | ||
| 0.15% | - | - | Business Universal Savings | ||
Heritage Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 3.33%* | - | $25k | eCentive Account | ||
| OTHER TIERS: 0.15% → $25k+ | |||||
| 0.15% | $1k | - | Legacy Checking | ||
Heritage Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.47%* | $25k* | - | 60 Month Triple Option CD | ||
| OTHER TIERS: 2.27% → $2k - $10k | 2.37% → $10k - $25k | |||||
| 2.47%* | $25k* | - | Business 60 Month Triple Option CD | ||
| OTHER TIERS: 2.27% → $2k - $10k | 2.37% → $10k - $25k | |||||
| 2.07%* | $25k* | - | 48 Month Triple Option CD | ||
| OTHER TIERS: 1.87% → $2k - $10k | 1.97% → $10k - $25k | |||||
| 2.07%* | $25k* | - | Business 48 Month Triple Option CD | ||
| OTHER TIERS: 1.87% → $2k - $10k | 1.97% → $10k - $25k | |||||
| 1.87%* | $25k* | - | 36 Month Triple Option CD | ||
| OTHER TIERS: 1.67% → $2k - $10k | 1.77% → $10k - $25k | |||||
| 1.87%* | $25k* | - | Business 36 Month Triple Option CD | ||
| OTHER TIERS: 1.67% → $2k - $10k | 1.77% → $10k - $25k | |||||
| 1.47% | $2k | - | 24 Month Triple Option CD | ||
| 1.47% | $2k | - | Business 24 Month Triple Option CD | ||
| 1.07% | $2k | - | 12 Month Triple Option CD | ||
| 1.07% | $2k | - | Business 12 Month Triple Option CD | ||
| 0.77% | $2k | - | 6 Month Triple Option CD | ||
| 0.77% | $2k | - | Business 6 Month Triple Option CD | ||
| 0.28% | $2k | - | 3 Month Triple Option CD | ||
| 0.28% | $2k | - | Business 3 Month Triple Option CD | ||
