Deposit Rates | Heartland Bank

These rates are effective as of April 12, 2019.

Rates are for personal and business accounts only. For municipalities and other public funds, please call us for a rate quote. We are not currently accepting other financial institution's deposits as business investments. 

Rates are subject to change.

New Money Deposit Specials

Capital Money Market

Only for new money to the Bank. For personal and general business investments; no bank or credit union investments.Interested municipalities – please contact us for a rate quote.

 RateAPY*Minimum to Open
$100,000 - $500,000 **2.00%2.02%$10,000
$50,000 - $99,9991.85%1.87%$10,000
$10,000 - $49,9990.88%0.88%$10,000
Less Than $10,0000.06%0.06%$10,000

** 0.06% APY on every dollar over $500,000

Certificates of Deposit ^

Only for new money to the Bank; cannot be funds that have been in a CD with HBT in the past 30 days. $250,000 maximum deposit per account. For personal and general business investments; no bank or credit union investments. Interested municipalities – please contact us for a rate quote.

 RateAPY*Minimum to Open
21 Month2.10%2.12%$5,000

Certificates of Deposit ^

Standard Rates

 RateAPY*Minimum to Open
3 Month0.30%0.30%$2,500
6 Month0.39%0.39%$2,500
12 Month0.43%0.43%$1,500
18 Month0.74%0.74%$1,500
24 Month0.83%0.83%$1,500
36 Month1.08%1.08%$1,500
48 Month1.43%1.44%$5,000
60 Month1.68%1.69%$5,000
18 Month Variable IRA ¹0.20%0.20%$100

Money Markets ~¹

Super Money Market

 RateAPY*Minimum to Open
$50,000 and Over0.14%0.14%$2,500
$25,000 - $49,9990.10%0.10%$2,500
$10,000 - $24,9990.06%0.06%$2,500
Less Than $10,0000.03%0.03%$2,500

Savings

 RateAPY*Minimum to Open
Savings0.06%0.06%$50

Checking

 RateAPY*Minimum to Open
50+ Free Interest Checking0.05%0.05%$50
VIP Free Interest Checking0.05%0.05%$50
Business Checking w/ Interest0.04%0.04%$50

Capital Interest Checking & HSA Checking

 RateAPY*Minimum to Open
$25,000 and over0.10%0.10%$50
$10,000 - $24,9990.09%0.09%$50
$2,500 - $9,9990.06%0.06%$50
Less Than $2,5000.05%0.05%$50

See Account Disclosure for additional account information
*APY = Annual Percentage Yield
~ Fees could reduce account earnings
¹ Rate may change after account opening
^ A penalty may be imposed for early withdrawal.

Terms and Conditions

CD Interest:
Interest is compounded and credited quarterly on all certificates of deposit with the exception of the 3 month, which is credited at maturity.

CD Early Withdrawal Penalty:
Term of 0 to 90 days - Lesser of 30 days of interest earned on amount withdrawn or 100% of accrued interest.

Term of 91 days through 12 months - penalty equal to 90 days interest.

Term of more than 12 months up to 36 months - penalty equal to 180 days interest.

Term of 36 months or more - penalty equal to 365 days interest.