Heritage Bank offers a variety of savings accounts: the Universal Savings account, the Flex Gold savings account for business, the Heritage Direct Savings account and the Jumbo Deposit account.
Both the Universal Savings account and the Flex Gold Savings account have a debit card available.
The Universal Savings has a low minimum to open ($50) and requires only a $50 average balance to avoid the $5 monthly maintenance fee.
The highest APY on a savings account at Heritage Bank is the Jumbo Deposit account, but it's available only if you have a minimum balance of $230,000.
The Heritage Direct Savings Account allows those with at least $1,000 but less than $100,000 to earn an APY that’s higher than the national average.
The Jumbo Deposit account can help those who keep at least $230,000 in the account earn an APY that’s even higher than the Heritage Direct Savings account.
You can still find higher yields elsewhere.
You need at least $230,000 to earn the top APY with the Jumbo Deposit account and balances under $100,000 earn less than the national average APY.