Its headquarters are in Olympia, Washington. Heritage Bank operates 60 branch locations in Western Washington and Portland, Oregon. You can waive most of these fees without much difficulty, but that’s still one more thing to think about. Moreover, there are no free accounts at Heritage Bank, as every savings and checking account comes with a monthly fee. If you invest enough money to be in the highest interest rate tiers, odds are you could be making better use of that money in a less liquid account. On the other hand, interest rates at Heritage Bank aren’t competitive. Plus, ownership of some of the more premium deposit accounts will gain you access to higher interest rates and various perks. The bank offers a number of savings account and checking account options, as well as a money market account (MMA) and several certificates of deposit (CDs).Īccounts at the bank are very accessible for the most part, with low minimum opening balances and waivable monthly fees.
Founded in 1927, Heritage Bank has been serving the state of Washington for more than 90 years.
