Farming is a rewarding but sometimes risky business. That's why Heritage Bank offers a Farm Management Deposit account to help primary producers manage some of this risk. This account allows primary producers to set aside pre-tax income in good years to use when the farm isn’t making as much money as usual or the farming season isn’t so great.
*Interest paid - at maturity; annually; or quarterly (deduct 0.10% from quoted interest rates). Interest will be paid to your nominated account.
All rates shown are on a per annum (p.a.) basis and subject to change without notice.
|
||
|---|---|---|
| Interest Rate | ||
| 12 months* | ||
| 24 months* | ||
| *interest paid - at maturity; annually; or quarterly (deduct 0.10% from quoted interest rates). interest will be paid to your nominated account. | ||
|
||
|---|---|---|
| Interest Rate | ||
| $1,000 to $49,999** | ||
| $50,000 to $800,000** | ||
| **tiered interest rates calculated on daily balances and paid quarterly. interest will be paid to your nominated account. | ||
| Account keeping fee | $0 |
| Transaction fee | $0 |
| Minimum opening balance | $1,000 |
| Minimum operating balance | $1,000 |
| Maximum operating balance | $800,000 |
We're committed to helping our customers through good times, and times of hardship, with genuine service and support.
If you have any questions and would like to talk to us today, tap here for live assistance.
This will determine how best we can help.