First Bank and Trust of Texas High Yield Savings Review

First Bank and Trust of Texas High Yield Savings is offered by Heartland Financial USA Inc, a nonbank financial services provider founded in 1981 and based in Dubuque, IA. First Bank and Trust of Texas High Yield Savings is available in 1 state across the USA.

• Very high APY. This account offers an annual percentage yield of up to 0.10%, which is much higher than the national average for a money market account.However, you must keep a minimum balance of $10000.
• Charges a monthly fee. This account charges a monthly service fee of up to $10, but the fee is waived if you keep a minimum balance of $10,000.
• High minumum deposit. You must deposit a minimum of $10,000, which is high compared to most money market accounts.

Are money market accounts from Heartland Financial USA Inc federally insured?

Yes, your Heartland Financial USA Inc money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the interest rates for First Bank and Trust of Texas High Yield Savings rates?

First Bank and Trust of Texas High Yield Savings offers an APY starting at 0.01% and ranging up to 0.10% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $10000.

What are the fees for First Bank and Trust of Texas High Yield Savings?

What is the minimum balance for First Bank and Trust of Texas High Yield Savings?

Minimum deposit of $10,000. You must make an initial deposit of at least $10,000 to open this account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $10,000.

Interest rate minimum balance of $10,000. You must keep the account balance above $10,000 to earn interest.

What features and perks does First Bank and Trust of Texas High Yield Savings offer?

This account includes the following features:

• Fraud monitoring - Heartland Financial USA Inc monitors transactions for potentially fraudulent activity.
• Mobile Banking Services - First Bank and Trust of Texas High Yield Savings allows you to manage your money through online banking and a dedicated mobile app. This includes depositing checks in your account with your smartphone.

How to open an account with Heartland Financial USA Inc

• Visit the Heartland Financial USA Inc website.
• Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
• Check the information is accurate and submit your application.