Deposit Rates | Heartland Bank

These rates are effective as of November 16, 2018.

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 deposits from other financial institutions.

Rates are subject to change.

New Money Deposit Specials

Capital Money Market ~¹

Only for new money to the Bank. $500,000 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
$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
14 Month2.27%2.29%$5,000
27 Month2.58%2.61%$5,000

Certificates of Deposit ^

Standard Rates

 RateAPY*Minimum to Open
3 Month0.29%0.29%$2,500
6 Month0.39%0.39%$2,500
12 Month0.43%0.43%$1,500
18 Month0.76%0.76%$1,500
24 Month0.86%0.86%$1,500
36 Month1.11%1.11%$1,500
48 Month1.47%1.48%$5,000
60 Month1.72%1.73%$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 ~¹

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

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%$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.