Teach your little ones to save
Help your children and grandchildren understand what it means to save by taking advantage of our Bean Sprout Savings account. We’ll even put the first $5 in the account to get things started.
No monthly maintenance fees
Focus on saving.
Safe and secure
You can rest easy knowing that your deposits are federally insured by NCUA to $250,000 and an additional $250,000 through the Excess Share Insurance Corp (ESI).
Rates Effective as of: 06-28-2022
Basic Savings Accounts Dividened APY* Primary Share Savings ($5 min. to open) 0.05% 0.05% Bean Sprout ($5 min. to open) 0.05% 0.05% iSave Savings ($5 min. to open) 0.05% 0.05% Business Savings ($5 min. to open) 0.05% 0.05% Secondary Savings Accounts ($5 min. to open) 0.05% 0.05% Automatic Savings ($10 min. to open) 0.15% 0.15%
*APY is annual percentage yield. Rates quoted are in effect 6/1/2022 and are subject to change. If interest is paid to another account, APY may vary. Dividends are compounded and paid monthly.
Dividends calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Dividends will accrue on the business day your deposits are posted to your account.
Automatic Savings Account – Minimum automatic deposit of $10 per month is required. Refer to the fee schedule for account details.
+Anticipated dividend (interest)Rates Effective as of: 06-28-2022
Youth Certificate of Deposit Rates Term Dividend Rate APY* $100 minimum for Bean Sprout, iSave, Coverdell 6 Months 0.20% 0.20% $100 minimum for Bean Sprout, iSave, Coverdell 12 Months 0.40% 0.40% $100 minimum for Bean Sprout, iSave, Coverdell 13 Month Special **+ 1.29% 1.30% $100 minimum for Bean Sprout, iSave, Coverdell 18 Months 0.60% 0.60% $100 minimum for Bean Sprout, iSave, Coverdell 24 Months 0.70% 0.70% $100 minimum for Bean Sprout, iSave, Coverdell 36 Months 0.90% 0.90% $100 minimum for Bean Sprout, iSave, Coverdell 48 Months 1.10% 1.10% $100 minimum for Bean Sprout, iSave, Coverdel 60 Months 1.29% 1.30%
*APY is annual percentage yield. Rates quoted are in effect 6/1/2022 and are subject to change. Any early withdrawal penalty may reduce earnings on certificates.
Compounding Frequency. For all term share certificates offered, the dividends will be compounded and credited to your account every quarter and at maturity. Alternatively, you may choose to have dividends paid to you or to another account quarterly and at maturity rather than credited to this account.
Daily Balance Computation Method. Dividends are calculated by the daily balance method, which applies a daily periodic rate to your balance each day.
Withdrawal of Dividends Prior to Maturity. The annual percentage yield is based on an assumption that dividends will remain in the account until maturity. A withdrawal may reduce earnings.
Marketwatcher option allows you to increase your rate during the term one time to the current rate by notifying us and adding $100 to your youth certificate. Your maturity date will remain the same and you will earn the higher rate for the remaining certificate term.
You will have a grace period of ten calendar days after maturity to withdrawal the fund without being charged an early withdrawal penalty.
**+13 Month CD Special: Rate effective 6/1/2022-6/30/2022. $100 minimum opening deposit for a youth CD, $1,000 minimum opening deposit for others. At maturity, the balance of the certificate will automatically roll into a twelve month term certificate at the current rate at that time. Offer subject to change.
Yes. Please note, youth accounts are allowed a debit card if the youth member is 13 years old and older. However, exceptions can be made if requested by a guardian/parent and approved by management.
To remain a member of Heartland, your Primary (Share, Youth) Savings account must remain open with a balance of $5 – which is your share or ownership in the credit union. If you would like to close your account and no longer be a member, you can visit a branch or contact us at (651) 451-5160 or (800) 813-9185.
We serve 10 Minnesota Counties: Anoka, Carver, Chisago, Dakota, Scott, Rice, Le Sueur, Hennepin, Ramsey and Washington. In addition, we serve the employees and retirees from a variety of businesses. Plus, if you’re related to a Heartland member you can join. Learn More to see if you’re eligible.
If you meet one of the eligibility requirements, you can become a member of Heartland. To become a member, you must purchase at least one share by depositing $5 into the share or youth savings account. Start your online application.
Bean Sprout Savings
Plant the seed of saving
A savings account designed just for children up to age 12.
Heartland is a lot like the TV show Cheers – where everybody knows your name... And they’re all super-friendly!
Built for life on the go
Manage your money anytime, anywhere with Heartland Free Mobile Banking.
Open online in minutes.
Bean Sprout Savings Disclosures
*Insured by NCUA to $250,000 and an additional $250,000 through the Excess Share Insurance Corp (ESI).