Savings Accounts at Heartland Bank

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Find Out More About our Savings, Money Market, CD and IRA Accounts

Heartland Bank offers savings accounts to help make saving easier.

We offer basic savings accounts as well as accounts with varying interest rates to help your money grow.

For long-term savings, Heartland Bank offers a variety of Certificate of Deposit (CD) and Individual Retirement Account (IRA) options. CDs come in maturities ranging from three months to five years with the APY (Annual Percentage Yield) varying depending on the deposit amount and maturity selected. IRAs help you to save for retirement by helping your money grow with compound interest from high yielding interest rates.

Savings Account Comparison

	Regular Savings	Elite Money Market
What kind of account would you like?	An account to save for those unexpected expenses Direct deposit available	A Money Market with the freedom of check writing and higher interest earnings First 40 checks are provided at no cost Free check images Direct deposit available
Interest	Yes - Tiered interest rates to maximize savings potential	Yes - Tiered interest rates to maximize savings potential
Balance requirements and other fees	With a minimum daily balance we will waive the service charge Other fees may apply	With a minimum daily balance we will waive the monthly service charge, if you withdraw fewer than 3 times Other fees may apply

Please see bank fee schedule for details.

Open Your Savings Account Online Today!

Click on the link below to open a deposit account online.

Open a Deposit Account Here

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Save for Medical Expenses with an HSA from Heartland Bank

Are you covered in the event of a medical emergency? Even if you have health insurance, you will still have to pay for medical costs up to your deductible amount. With a health savings account (HSA) from Heartland Bank you can save money TAX FREE* to help cover the gap before your deductible kicks in.

How HSAs Work

You are eligible to open a health savings account at Heartland Bank if you meet all of the following criteria:

You are covered by a high deductible health plan
You do not have coverage through another health plan
You are not claimed as a dependent on someone else’s tax return
You are not entitled to Medicare benefits

Once you have an HSA open, you can make tax-free contributions to your account. HSA contribution limits are as follows for 2024:

Individual: $4,150
Family: $8,300

Those 55 and older and not enrolled in Medicare can make a $1,000 in “catch-up” contributions as well for both individual and family plans.

Heartland Bank health savings accounts come with a debit card which is a convenient tool. A $1 minimum deposit is required to open the account. Interest is earned on available balances and is compounded and paid monthly. Our HSAs also come with one free order of Heartland Bank HSA checks.

Contributions for health savings accounts for 2024 are as follows:

Individual- $4,150; age 55 and over- $5,150
Family- $8,300; age 55 and over- $9,300

Open Your HSA at Heartland Bank Today

The staff at Heartland Bank can help you understand whether a health savings account is the right choice for you. Call or stop by any Heartland Bank office today to get started.

*Please consult your tax advisor to determine if you qualify. Heartland Bank is not providing tax advice.

2024 IRA Contributions

Traditional and Roth IRA Contribution Limits 2024

2024 Contribution Limit: $7000.00

Age 50 or older can make an additional $1000.00 (catch-up).