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  First Bank and Trust of Texas High Yield Savings

First Bank and Trust of Texas High Yield Savings

in Money Market Accounts from Heartland Financial USA Inc · fdic

Unaffiliated

First Bank and Trust of Texas High Yield Savings

Unaffiliated

in Money Market Accounts from Heartland Financial USA Inc · Member FDIC

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Highlights
APY (Annual Percentage Yield) 0.01% - 0.10%
APY Minimum Balance $10,000
Minimum Opening Deposit Starting at $10,000

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.

Key Takeaways
  • 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.
Pros & Cons of First Bank and Trust of Texas High Yield Savings
Pros Cons
  • High-interest yield.
  • Access to physical branches.
  • Free debit card
  • No charge on incoming domestic or international wire transfers.
  • Deposit checks remotely.
  • No signup bonus.
  • Only available in one state.
  • Monthly service charge.
First Bank and Trust of Texas High Yield Savings FAQ

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.

First Bank and Trust of Texas High Yield Savings Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.01% - 0.10%

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

This account charges a monthly maintenance fee of up to $10. You can avoid this fee by maintaining a balance of $10,000.
First Bank and Trust of Texas High Yield Savings Fees
Fees Amount
Monthly Fee up to $10
Paper Statement Fee $3

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.

What is the customer service phone number?

The customer service number for this business card is .

What is the support contact email?

The support contact email for this business credit card is jberg@htlf.com.

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.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 1 state
Texas
Availabile in all of Texas

Feature Breakdown

APY Minimum Balance $10,000
Minimum Balance to Avoid Monthly Fee Starting at $10,000
Minimum Opening Deposit Starting at $10,000
Monthly Fee $0 - $10
NSF Fee $35
Paper Statement Fee $3
Account Features
  • Mobile Check Deposit
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card
  • Branch Access
  • Member FDIC
  • Expense Management
APY (Annual Percentage Yield) 0.01% - 0.10%
Dividend Compounding Frequency Daily
Dividend Payout Frequency Monthly
Dividend Rate 0.01% - 0.10%

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