PERSONAL SAVINGS ACCOUNTS

Hiawatha National Bank serves its community with a variety of Personal Savings accounts. 

View our personal savings rates.

  Premium Savings Money Market Savings Statement Savings Christmas Club

MINIMUM
OPENING
DEPOSIT5

$2,500 $1,000 $50

 

$14

 

MINIMUM       BALANCE5

$2,500 $1,000 $50 $50

MONTHLY
MAINTENANCE
CHARGE

None; Statement Saving rate paid if below minimum None If balance falls below minimum: $0.50 per month None

INTEREST              RATE6

Variable rate paid on average daily balance7; credited monthly Variable tiered rates1 calculated on average daily balance7; credited monthly Variable rate paid on average daily balance7; credited quarterly Variable rate; compounded annually

WITHDRAWALS

Three free per month; $7.50 fee per month if over three2 Six free per month2; $1 per withdrawal if over six Six free per month2; $1 per withdrawal if over six No withdrawals permitted before October 31st

VISA
CASH CARD

Free3 Free3 Free3 N/A

ATM
TRANSACTIONS

No fees at HNB ATMs

7 Free ATM transactions at non-HNB ATMs per month

No fees at HNB ATMs
7 Free ATM transactions at non-HNB ATMs per month
No fees at HNB ATMs
7 Free ATM transactions at non-HNB ATMs per month
N/A

ONLINE
BANKING

Free Free Free Free

MOBILE BANKING

Free Free Free Free

ADDITIONAL
BENEFITS

 

Check writing capability

Visa Cash & Check Card also available3

No minimum balance for customers under age 19 A check is issued for your entire balance on November 1st

 

1 Money Market Savings interest rate is tiered based on following average daily balances: below $1000; $1000 to $9,999.99; $10,000 to $24,999.99; $25,000 to $99,999.99; $100,000 & over
2 For Premium Savings, Money Market Savings and Statement Savings, Federal regulation limits no more than six pre-authorized, automatic, online banking or telephone transfers per month. No more than six can be by check or VISA Cash & Check card for Money Market Savings Accounts. Unlimited withdrawals at ATMs or in person are permissable.

3 Based on approval.

4 Maximum opening deposit allowed is $250.00.

5 Minimum balance to obtain stated APY.

6 Variable interest rates subject to change.

7 We use the average daily balance.  The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.