These rates are effective as of May 5, 2024.

Deposit Specials

Certificates of Deposit^

We’re pleased to offer special interest rates for deposits initiated at intervals that aren’t “standard.” These rates are higher than the regular CDs that offer a holding period of 3, 6, or 12 months, or another typical period of time. The CD rates listed here are only for personal and general business investments. If you’re a municipality looking to partner with Heartland Bank, please contact us for a quote.

Duration	Interest Rate	Annual Percentage Yield	Minimum to Open
7 Month	4.91%	5.00%	$5,000
9 Month	4.67%	4.75%	$5,000
14 Month	4.43%	4.50%	$5,000

Standard Rates

Certificates of Deposit^

Contact us to learn more, and to get started with your CD.

Duration	Interest Rate	Annual Percentage Yield	Minimum to Open
3 Month	0.03%	0.03%	$2,500
6 Month	0.07%	0.07%	$2,500
12 Month	1.00%	1.00%	$1,500
18 Month	1.00%	1.00%	$1,500
24 Month	1.00%	1.00%	$1,500
36 Month	1.99%	2.00%	$1,500
48 Month	1.99%	2.00%	$5,000
60 Month	1.99%	2.00%	$5,000
18 Month Variable IRA +	1.00%	1.00%	$100

Standard Rates

Capital Money Market~+

	Interest Rate	Annual Percentage Yield	Minimum to Open
More than $500,000**	2.25%	2.27%	$10,000
$100,000 – $500,000	2.00%	2.02%	$10,000
$50,000 – $99,999.99	1.50%	1.51%	$10,000
$10,000 – $49,999.99	0.50%	0.50%	$10,000
Less than $10,000	0.01%	0.01%	$10,000

Money Market and Savings Accounts

Capital Money Market~+

	Interest Rate	Annual Percentage Yield	Minimum to Open
More than $500,000**	2.25%	2.27%	$10,000
$100,000 – $500,000	2.00%	2.02%	$10,000
$50,000 – $99,999.99	1.50%	1.51%	$10,000
$10,000 – $49,999.99	0.50%	0.50%	$10,000
Less than $10,000	0.01%	0.01%	$10,000

Super Money Market~+

	Interest Rate	Annual Percentage Rate	Minimum to Open
$100,000 or more	0.75%	0.75%	$2,500
$50,000 and $99,999.99	0.50%	0.50%	$2,500
$25,000 – $49,999.99	0.25%	0.25%	$2,500
$10,000 – $24,999.99	0.15%	0.15%	$2,500
Less Than $10,000	0.02%	0.02%	$2,500

Simply Savings~+

	Interest Rate	Yield	Minimum to Open
$250,000 or more	0.50%	0.50%	$50
$100,000 – $249,999.99	0.35%	0.35%	$50
$25,000 – $99,999.99	0.15%	0.15%	$50
Less than $25,000	0.03%	0.03%	$50

Checking~+

Capital Interest Checking~+

	Interest Rate	Annual Percentage Yield	Minimum to Open
$100,000 or more	0.25%	0.25%	$50
$25,000 – $99,999.99	0.10%	0.10%	$50
$10,000 – $24,999.99	0.05%	0.05%	$50
$2,500 – $9,999.99	0.03%	0.03%	$50
Less than $2,500	0.02%	0.02%	$50

Health Savings Account (HSA) Checking~+

	Interest Rate	Annual Percentage Yield	Minimum to Open
$25,000 or more	0.07%	0.07%	$50
$10,000 – $24,999.99	0.05%	0.05%	$50
$2,500 – $9,999.99	0.03%	0.03%	$50
Less than $2,500	0.02%	0.02%	$50

Business Checking with Interest~+

	Interest Rate	Annual Percentage Yield	Minimum to Open
$100,000 or more	0.25%	0.25%	$50
$25,000 – $99,999.99	0.10%	0.10%	$50
Less than $25,000	0.02%	0.02%	$50

See account disclosures for additional account information
~ Fees could reduce account earnings
+ Rate may change after account opening
^ A penalty may be imposed for early withdrawal.

Terms and Conditions

Interest is compounded and credited quarterly on all certificates of deposit (CDs) with the exception of the 3rd month, which is credited at maturity.

CD EARLY WITHDRAWAL PENALTY

Because the bank invests monies from CDs, there’s a penalty for withdrawing your funds early. Remember, these only apply to withdrawing your money early, before the time you agreed to has elapsed. You are free to move your money and any accrued interest when your CD has matured.

Of course, there are some Terms and Conditions:

CD Interest:
Interest is compounded and credited quarterly on all certificates of deposit with the exception of the 3rd month, which is credited at maturity.

CD Early Withdrawal Penalty:

• Term of 0 to 90 days: The 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