Business Deposit Accounts

This rate chart contains information about interest rates and annual percentage yields for some of the accounts we offer. For current rate information call 309.362.2139.

Interest Rates and Annual Percentage Yields are current as of April 19, 2014.

Product Name Min. Opening Balance Min. Balance to Obtain APY* APY* Interest Rate
Business Interest (a)$100.00 $1,500.00   
Daily Balances(b) from -    
$1,500.00 to $9,999.99: 0.05% 0.05%
$10,000.00 and up: 0.10% 0.10%
 
Community Checking (a)$100.00 $1,500.00   
Daily Balances(b) from -    
$1,500.00 and up: 0.05% 0.05%
 
Business Money Market (a)$25,000.00 $25,000.00   
Daily Balances(b) from -    
$25,000.00 to $49,999.99: 0.30% 0.30%
$50,000.00 to $99,999.99: 0.40% 0.40%
$100,000.00 and up: 0.50% 0.50%
 
Business Savings (a)$500.00 $0.00   
Daily Balances(b) from -    
up to $9,999.99: 0.05% 0.05%
$10,000.00 to $24,999.99: 0.10% 0.10%
$25,000.00 to $249,999.99: 0.20% 0.20%
$250,000.00 and up: 0.30% 0.30%
 
Cash Management Account (a)(d)   
All Balances(b)  0.10% 0.10%
 
Commercial Account Analysis Rate   
All Balances(b)   0.10%
 
*(APY) - Annual Percentage Yield
Fees could reduce the earnings on the account.

(a) The interest rate and annual percentage yield (APY) may change after account opening.
(b) Daily balance. The amount of the principal in the account each day.
(d) Cash Management funds are not FDIC insured.

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Heritage Bank of Central Illinois