WILMAR, MINN. - Heritage Bank NA (Member FDIC) is pleased to announce the launch of their Payroll Plus checking account to help individuals boost their paychecks with an impressive 4.04% APY*.
The Payroll Plus checking account is designed to help customers earn higher interest rates on their deposits from payroll, social security, investment income, or other forms of monthly income.
To qualify for this competitive rate, customers must meet three easy monthly qualifications. First, have a minimum of $5,000 in direct deposits each month. Second, they have a minimum of $500 in monthly debit card purchases posted to the account. Finally, be enrolled in and receive monthly eStatements.
Payroll Plus Checking Account Features Include:
• $100 minimum to open account
• Debit card included
• No minimum balance
• Free Digital Banking, Mobile Deposit, ePay (Online Bill Pay)
• Automatic ATM Refunds up to $25 a month
Payroll Plus account allows customers unparalleled convenience, security, and flexibility. This account has no limit on withdrawals, so customers can earn interest each month while paying their bills.
“We are committed to empowering our customers with innovative financial solutions that help them achieve their goals,” says Ross Magnuson, market president of Heritage Bank NA's Minnesota branches.
For more information about Heritage Bank NA and Payroll Plus Checking account, please visit https://www.heritagebankna.com/payroll-plus/
About Heritage Bank NA:
Heritage Bank NA, a financial partner to individuals and businesses for over 50 years, has a mission of helping people succeed financially. Heritage Bank NA is committed to providing the best of both worlds to our clients; an online platform that's convenient and accessible 24/7 and physical locations that offer personalized services to make banking more accessible and convenient.
*APY = Annual Percentage Yield. Fees may reduce earnings. Interest rate is variable and may change after the checking account is opened.
Interest Rate Effective Since October 10, 2023