Savings Accounts
Headland National Bank offers a variety of savings accounts to accommodate our customers, from the very young new saver to the more experienced investor. 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 $5.00 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
Moola Moola Club
This savings club is a fun learning experience for children ages 4-12 years old. They can earn prizes for saving and belong to a club designed just for them. Moola makes special appearances and throws parties for his club members.
Minimum opening deposit $25.00
Unlimited deposits
Quarterly statements (provided monthly with EFT or ACH activity)
Interest accrues daily and compounds quarterly
A minimum daily balance of $25.00 will avoid a service charge of $5.00 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
Senior Citizen
This savings account is designed for our customers age 55 and older.
Minimum opening deposit $25.00
Unlimited deposits
Quarterly statements (provided monthly with EFT or ACH activity)
Interest accrues daily and compounds quarterly
A minimum daily balance of $25.00 will avoid a service charge of $5.00 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 $25.00 if the account is closed within six months of opening
Student or Minor
This savings account is designed for students or minors up to age 22.
Minimum opening deposit $25.00
Unlimited deposits
Quarterly statements (provided monthly with EFT or ACH activity)
Interest accrues daily and compounds quarterly
A minimum daily balance of $25.00 will avoid a service charge of $5.00 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 $25.00 if the account is closed within six months of opening
Christmas Club
This account helps to lighten your load at Christmas. Make regular payments with a coupon book or have it automatically debited from your checking account. You set the amount and watch your money grow. A check for your balance (including interest earned) will be mailed to you on November 3rd each year.
Minimum opening deposit $25.00
Unlimited deposits
Interest accrues daily and compounds annually
Withdrawals are not allowed
A fee of $50.00 will be charged if account is closed prior to the November 3rd check date, and accrued interest will be forfeited
Certificates of Deposit (CDs)
With as little as $500.00 you may purchase a Certificate of Deposit 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
Individual Retirement Accounts (IRAs)
Headland National Bank offers Traditional, Roth, and Coverdale Education IRAs. Let us help you plan for your future now.
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
