Heritage Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.33% | Reward Checking | 2.15% - National Average |
| 2.47% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
| 1.22% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
Heritage Bank is headquartered in Spicer and is the 33rd largest bank in the state of Minnesota. It is also the 1,609th largest bank in the nation. It was established in 1964 and as of December of 2018, it had grown to 128 employees at 13 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
Two Months In
No problems opening account. Customer service was great when I had a password problem (my fault). I do have a small concern about security. When I was passed to a second person, she did not verify my identity. Great rate, easy requirements to get the rate. I hope that all the deposits they're getting helps with the health rating of the bank.
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 Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19254 |
| Year Established | 1964 |
| Employees | 128 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.37% |
| Return on Equity - YTD | 4.06% |
| Annual Interest Income | $20.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $434.8MM$412.1MM |
| Loans | Q4 2018vs Q4 2017 | $339.2MM$347.3MM |
| Deposits | Q4 2018vs Q4 2017 | $380.5MM$346.7MM |
| Equity Capital | Q4 2018vs Q4 2017 | $37.8MM$39.3MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $4.7MM$5.0MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $9.4MM$2.9MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $2.7MM$2.3MM |
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 | |
|---|---|---|---|---|---|
| 1.76%* | $230k* | - | Jumbo Deposit Account | ||
| OTHER TIERS: 0.10% → Up to $100k | 1.66% → $100k - $230k | |||||
| 1.76%* | $230k* | - | Business Jumbo Deposit Account | ||
| OTHER TIERS: 0.10% → Up to $100k | 1.66% → $100k - $230k | |||||
| 0.95% | $1k | - | HeritageDirect Savings | ||
| 0.95% | $1k | - | Business HeritageDirect Savings | ||
| 0.75%* | $199k* | - | Flex Gold Savings | ||
| OTHER TIERS: 0.20% → $1k - $50k | 0.25% → $50k - $99k | 0.50% → $99k - $199k | |||||
| 0.75%* | $199k* | - | Business Flex Gold Savings | ||
| OTHER TIERS: 0.20% → $1k - $50k | 0.25% → $50k - $99k | 0.50% → $99k - $199k | |||||
| 0.50%* | $10k* | - | Health Savings Account | ||
| OTHER TIERS: 0.15% → Up to $1k | 0.25% → $1k - $2.5k | 0.30% → $2.5k - $5k | 0.35% → $5k - $10k | |||||
| 0.50%* | $10k* | - | Business Health Savings Account | ||
| OTHER TIERS: 0.15% → Up to $1k | 0.25% → $1k - $2.5k | 0.30% → $2.5k - $5k | 0.35% → $5k - $10k | |||||
| 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 | |
| 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 | |||||
| 2.32%* | $25k* | - | 36 Month Triple Option CD | ||
| OTHER TIERS: 2.12% → $2k - $10k | 2.22% → $10k - $25k | |||||
| 2.32%* | $25k* | - | Business 36 Month Triple Option CD | ||
| OTHER TIERS: 2.12% → $2k - $10k | 2.22% → $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 | |||||
| 1.71% | $2k | - | 24 Month Triple Option CD | ||
| 1.71% | $2k | - | Business 24 Month Triple Option CD | ||
| 1.22% | $2k | - | 12 Month Triple Option CD | ||
| 1.22% | $2k | - | Business 12 Month Triple Option CD | ||
| 0.85% | $2k | - | 6 Month Triple Option CD | ||
| 0.85% | $2k | - | Business 6 Month Triple Option CD | ||
| 0.28% | $2k | - | 3 Month Triple Option CD | ||
| 0.28% | $2k | - | Business 3 Month Triple Option CD | ||
