Deposit Rates | Heartland Bank

These rates are effective as of September 21, 2018.

Deposit Rates

Rates are for personal and business accounts only. They cover CDs, savings, and money market accounts. For municipalities and other public funds please call for a rate quote. Rates are subject to change.

Certificates of Deposit ^

New Money Specials

Only for new money to the Bank; cannot be funds that have been in a CD with HBT in the past 30 days. For personal and  general business investments; no bank or credit union investments or public funds money is to be placed in the Special.  $250,000 maximum per account.

 RateAPY*Minimum to Open
15 Month2.30%2.32%$5,000
30 Month2.60%2.63%$5,000

Standard Rates

 RateAPY*Minimum to Open
3 Month0.28%0.28%$2,500
6 Month0.38%0.38%$2,500
12 Month0.43%0.43%$1,500
18 Month0.75%0.75%$1,500
24 Month0.85%0.85%$1,500
36 Month1.10%1.10%$1,500
48 Month1.45%1.46%$5,000
60 Month1.70%1.71%$5,000
18 Month Variable IRA ¥0.20%0.20%$100

Notice to other financial institutions: We are not currently accepting deposits for money markets and certificates of deposits.

Savings ~¹

 RateAPY*Minimum to Open

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%
$10,000 - $24,9990.06%0.06%
Less Than $10,0000.03%0.03%

Checking ~¹

 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%
$2,500 - $9,9990.06%0.06%
Less Than $2,5000.05%0.05%

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Term of 0 to 90 days - Lesser of 30 days of interest earned on amount withdrawn or 100% of accrued interest.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