Business Savings

We offer two types of savings accounts for business customers, Business Savings and a Business Money Market account.

Business Savings

An affordable, traditional business savings account

• $100 minimum opening deposit
• Earn a competitive interest rate
• Interest is calculated on the daily balance and paid quarterly

Business Money Market

The Business Money Market account is a safe way to earn a premium rate of interest with easy access to your money.

• $1,000 minimum opening deposit
• Tiered interest rates; higher rates for higher balances
• $1,000 minimum balance to earn interest that is calculated on the daily balance and paid monthly
• $1,000 minimum balance requirement to avoid a monthly service charge
• Access your money by making a withdrawal at any HeritageBank office, writing a check¹ or through Online Banking
• First order of checks provided at no charge

¹Up to six transfers/withdrawals per monthly statement cycle. May be any combination of transfers, preauthorized transfers, telephonic transfers, withdrawals, checks, drafts or ATM/check card transactions. Excessive withdrawal fees apply.

For your peace of mind.

Beginning January 1, 2010, HeritageBank of the South will no longer participate in the FDIC's Transaction Account Guarantee Program. Thus, after December 31, 2009, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Guarantee Program, but will be insured up to $250,000 under the FDIC's general deposit insurance rules. The standard insurance amount of $250,000 per depositor is in effect through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except IRAs and other certain retirement accounts, which will remain at $250,000 per depositor. For more information, visit the Member FDIC website.