BUSINESS SAVINGS AND MONEY MARKET ACCOUNTS

Heritage Bank offers options for businesses to save money.

Contact our staff at 319-373-5400 for help choosing the best option for your business.

	Regular Business Savings		Business Money Market Investment
Description	No minimum balance required		High Yield Interest with check writing capabilities
Minimum to Open	N/A		$2,500
Interest	Variable**		Variable**
Minimum Daily Balance Requirements	None		$2,500
Monthly Maintenance Fee*	None		$7.50 If Minimum Balance above is not maintained
Transaction Limits	Limited to six per month.  Transfers from savings to another account are also limited to six		Limited to six per month
Transaction Fees	$.50 for each debit over 6		$1.00 charge on all debits over six
Additional Features			Check Images are returned

**Refer to rates tab for specific rates

  *The monthly maintenance fee on your account will be increased by $3.00 if you continue to get paper statements.  For example, if your account currently doesn’t have a maintenance fee, you

   will incur a monthly maintenance fee of $3.00, or if your account currently has a $5.00 maintenance fee, your fee will increase by $3.00 to $8.00, unless you agree to change to electronic statements. 

   Electronic statements can be viewed through Heritage Bank’s online banking, please login to your account to sign up for this service.