Savings and CDs

Whether preparing for the seasonality of your business or considering its long-term growth opportunities, it’s important to have a savings plan in place. HNB’s savings options can help you keep your business on track.


Open an Account

Visit one of our office locations to open your account today!
 

Contact Us

Our dedicated team welcomes the opportunity to help build a strategy and identify solutions that will support your needs. 
 
female small business owner
Statement Savings Account
Features and Benefits:


Account Requirements:

  • $100 minimum balance requirement to waive $2.00 monthly service charge
  • Accrued interest to date is not paid on accounts closed prior to quarter end
  • Limited to six (6) electronic transactions per statement cycle
  • Fees could reduce earnings
 
Recommended Products and Services:

Certificates of Deposit (CDs)
Features and Benefits:

  • 30 day – 5 year terms available
  • Rates are determined based upon the term of the investment
  • HNB Flex CD allows for deposits, one rate adjustment and one penalty-free withdrawal per term
 
Account Requirements:

  • $1,000 minimum investment amount
  • Annual Percentage Yields (APYs) must be quoted when given rates
  • Fees are assessed on early withdrawals or premature closing
  • Fees could reduce earnings
 
Money Market Deposit Accounts (MMDA)
Features and Benefits:

  • Check writing 
  • Online Banking
  • Mobile Banking with Mobile Deposit
  • VISA® ATM Card
  • Telephone Banking
  • eStatements and Noticescombined statements available
  • Unlimited transfers or withdrawals in-person
  • Up to six (6) third-party withdrawals or transfers per statement cycle
  • Earn interest on account balances $2,500 or more at current market rate
  • Interest accrued daily, credited and compounded monthly
  • Interest rate may change daily, with no maximum or minimum
 
Account Requirements:

  • $1,000 minimum account balance to waive $5 monthly service fee¹
 
Recommended Products and Services:

Investor’s Advantage MMDA
Features and Benefits:

  • Earn tiered-interest on account balances when each tier is reached:
    • Less than $2,500
    • $2,500 - $9,999.99
    • $10,000 - $24,999.99
    • $25,000 - $49,999.99
    • $50,000 - $99,999.99
    • $100,000 - $249,999.99
    • $250,000 - $499,999.99
    • $500,000 - $999,999.99
    • $1,000,000 or greater
  • Interest is Accrued Daily, Credited & Compounded Monthly
  • Interest Rate May Change Daily, with No Minimum or Maximum
  • Immediate Access to All Collected Funds
  • Unlimited Number of In-Person Transactions and Withdrawals
  • Maximum of Six (6), Third-Party or Digital Withdrawals Per Statement Cycle
  • All of the Benefits of Free Business Checking
 
Account Requirements:

  • Fees may reduce earnings


Recommended Products and Services: 

 
 
 
 
 
 
 
 
 
 
¹Fees may reduce earnings