Heritage Direct Savings is an all-electronic personal account that you manage online and it pays our most competitive savings rate.
Account Requirements
- Open an account with $1,000 or more (once opened, online use only)
- Minimum balance of $1,000 required to earn interest
- If account balance falls below $1,000 (daily collected balance)* a $17 monthly service charge will be assessed.
- Six free withdrawals allowed per month, $3 for each additional withdrawal
- Monthly eStatements required; must have valid email address to open account
($4 per month if you fail to enroll and paper statements are sent to you through U.S. Mail )
Additional Features
- Variable interest rate may change daily; Interest calculation is based on daily (collected) available balances and is compounded monthly
- Debit Card not available
- Transfer money electronically into your account or out of your account…anytime
- Account holder must have a linked checking account (at any financial institution chartered in the U.S.) to transfer money from this account
- Overdrafts and NSF: $33 per item, per presentment
- $30 fee if account is closed within 6 months of opening
RATES
Make informed decisions about your savings and checking accounts. For up to date rate information, check Current Interest Rates.
SECURITY
Learn more about the benefits of FDIC Insurance coverage for your checking, savings, and certificates of deposits.
CONVENIENCE
Digital Banking provides a secure and convenient way to manage your finances. Get started with Digital Banking today.
* You must maintain a daily collected (available) balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.