Savings and CDs

A dollar saved is a dollar earned. Building a strong savings plan is one of the best financial decisions you can make. Establish your goals and begin saving early and often using one of our Savings Account options.
 
 

Thinking longer term?

Speak with a member of our HNB Financial Group to build a plan to support your greater financial planning goals.
 
 
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
Recommended Products and Services:

Kid’s Savings Club 
Features and Benefits:
Account Requirements:

  • $5.00 minimum balance at account opening
  • No minimum balance requirements
  • Must be under the age of 14
  • Upon attaining the age of 14, the account will automatically convert to The U Club® Savings Account unless otherwise specified by the parent/guardian

Recommended Products and Services:
The U Club® Savings Account
Features and Benefits:

Account Requirements:

  • No minimum balance requirement
  • Must be ages 14-22

Recommended Products and Services:
Holiday and All Purpose Club Accounts
Features and Benefits:

  • Put money aside regularly to plan for holiday expenses, an upcoming vacation or other goal to help you stay on budget.
  • Interest is earned at the prevailing club rate (higher rates are paid on Automatic Fund Transfer deposit clubs)
  • Interest is credited and compounded quarterly at the prevailing rate
  • Holiday Club checks are issued in early October
  • Other club checks are issued upon your request
  • Automatically move money to your club account by Automatic Funds Transfer from another HNB deposit account

Account Requirements:

  • Fees are assessed on early withdrawals or premature closing of the club account
 
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
 
Recommended Products and Services:
Money Market Deposit Accounts (MMDA)
Features and Benefits:


Account Requirements:

  • $1,000 minimum account balance to waive $5 monthly service fee1

Recommended Products and Services:

Investors Advantage (MMDA)
Features and Benefits:

  • Check writing
  • Online Banking
  • Mobile Banking with Mobile Deposit
  • VISA® ATM Card
  • Telephone Banking
  • eStatements and Notices available
  • 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 accrued daily, credited and compounded monthly
  • Interest rate may change daily, with no maximum or minimum
  • Immediate access to all collected funds
 
Account Requirements:
  • $1,000 minimum account balance to waive $5 monthly service fee¹
 
Recommended Products and Services: 
 
 
 
 
As of Monday, November 2, 2020, transfer / withdrawal limits will no longer apply to your HNB Savings Accounts or Money Market Accounts allowing you greater flexibility with your money management needs.  You can now experience greater ease managing your finances using our convenient digital offerings and service locations as often as the need arises.
 
¹Fees may reduce earnings.
 
Rates are subject to change after account opening.