« Single Mom’s Back and She Ain’t Happy | Main | Send Your Kids to Millionaire Camp »
Another Possible Savings Alternative
By JLP | May 9, 2006
I just read about Heritage Bank’s Direct Savings Account in this article in the Contra Costa Times. The Direct Savings Account has a 4.72% APY. The minimum initial deposit is $1,000.
One thing going against this particular institution is the fact that I have never heard of them until I read the above mentioned article. However, I’m sure people in Minnesota are familiar with Heritage Bank, whose parent company is Heritage Bancshares Group, Inc.
Anyway, I just wanted to mention them and to find out if anyone currently has an account with them.
Topics: Banking | 3 Comments »
May 9th, 2006 at 11:04 pm
I see the lovely little FDIC logo on their page, but there’s no direct indication in their disclosure as to whether this type of account is FDIC insured.
June 11th, 2006 at 9:17 pm
It’s insured; look it up yourself at http://www2.fdic.gov/idasp/main_bankfind.asp
April 18th, 2007 at 12:51 pm
i hav e abetter rate at ford interest advantage mma paying 6.06 percent. but it is not fdic insured.