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Money Market Accounts

With a Heartland Bank money market account, you will receive a money market rate of interest on the daily balance of your account. The account allows immediate access to your funds.

Account Features
Deposits and withdrawals are allowed at any time. Optimizes your total banking relationship with us.
Facilitates account recordkeeping. Provides security for the depositor.

Additional Specifications & Fees
Minimum Opening Deposit $100.00 minimum opening deposit.
Monthly Maintenance fee

Service Charges include:

  • $7.00 monthly maintenance fee
  • $.30 per item over 20 transactions (per check or withdrawal)

No monthly maintenance fee with a minimum daily balance of $500.00.

Other Fees & Charges

$1,000 balance required to earn interest.

Non-Personal Money Market Checking accounts are limited to the following customers:

  • Sole Proprietorships
  • Husband and wife operating an unincorporated business
  • Local Housing Authorities
  • Residential Tenants Security Deposits
  • Independent School Districts
  • Redevelopment Authorities
  • Escrow Funds, Trust and other Fiduciary Accounts
  • Labor Unions
  • Pension Funds
  • Trade Associations
  • Fraternal Organizations
  • State University Systems
  • State and Local Government Units
  • Organizations Operating for “Religious, Charitable, Educational or similar purposes”
  • Organizations Operating Not for Profit
  • Hospital Districts in Ohio
  • Non-Profit Hospitals
Accrual of Interest on Deposits other than Cash
  • Interest begins to accrue on the business day you deposit non-cash items (For example: checks).
Rules & Regulations


 

 

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