Savings Accounts
Headland National Bank offers these savings products to
accommodate our business customers. Please contact one of our
savings representatives for the current annual percentage yield on
any of our savings products.
This savings account earns interest, but allows you to
maintain a low balance and have easy access to funds.
Minimum opening deposit $100.00
Unlimited deposits
Quarterly statements (provided monthly with EFT or ACH
activity)
Interest accrues daily and compounds quarterly
A minimum daily balance of $100.00 will avoid a service
charge of $2.00 per month
Unlimited withdrawals by mail, ATM or in person
Unlimited transfers to another of your accounts at HNB
by mail, ATM or in person
Limit of six total transfers per month by any of the
following methods: ACH debits, telephone transfers,
preauthorized transfers, transfers made through telephone
banking or internet banking
Fee of $50.00 if the account is closed within six months
of opening
Certificates of
Deposit (CDs)
With as little as $500.00 you may purchase a Certificate of
Deposit in your business name and earn a higher rate of
interest.
Minimum opening deposit $500.00
Interest may be added back to your certificate,
deposited to your HNB checking or savings account, or mailed
to you in the form of a check
Terms range from 3 months to 5 years
Early withdrawal penalties may apply if withdrawn before
maturity
Self Employed Pension
Plans (SEPs)
SEPs allow the self employed person to save for their own
retirement while contributing to your employees’ financial
future.
Minimum opening deposit $500.00
Interest may be added back to your certificate,
deposited to your HNB checking or savings account, or mailed
to you in the form of a check
Terms range from 3 months to 5 years
Early withdrawal penalties may apply if withdrawn before
maturity
