Heartland Bank and Trust Company Carrot Score

Carrot Score

Higher than 41% of U.S. banks and credit unions

LowestMiddleHighest

By productProduct

CDs86
Savings78
Auto loansNot scored
Credit cardsNot scored

Each bar is every U.S. bank and credit union, lowest score to highest. Choose a product to see its rates.

Where Heartland Bank and Trust Company ranks

By Carrot score, in each area where it has branches

And 12 more areas

Scores run from 60 to 99; 90 and up means rates near the best in the country. Top Carrot marks a score of 87 or more, the top quarter of U.S. banks and credit unions. It’s about rates only, not safety, service or who can join.

By product

How each product scores

How its rates compare with every U.S. bank and credit union. Open a product to see them.

CDs

86top 28% nationallyOne of its best two · 5 terms

Term	Its rate	Beats	U.S. median	Top 25% atTop 25%	Top 10% at
3-8 months	3.80%	73%	3.50%	3.82%	4.05%
9-15 months	4.00%	72%	3.70%	4.00%	4.25%
16-30 months	4.10%	86%	3.35%	3.85%	4.20%
31-60 months	2.00%	19%	3.05%	3.65%	4.07%
Qualified	4.10%	72%	3.85%	4.15%	4.35%

Best rates 79.1 · all terms 66.7 → 74.1 → 86

Savings

78beats 46% nationallyOne of its best two · 4 balances

Balance	Its rate	Beats	U.S. median	Top 25% atTop 25%	Top 10% at
$1,000	0.03%	6%	0.20%	0.50%	1.51%
$10,000	0.50%	50%	0.50%	1.15%	2.20%
$100,000	2.02%	76%	1.00%	2.01%	2.93%
Qualified	0.50%	44%	0.60%	1.31%	2.43%

Best rates 47.3 · all balances 45.3 → 46.5 → 78

Auto loans

Not scoredNo rates found on its website.

Credit cards

Not scoredOnly rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).

Where the score could improve

Savings, $1,0000.50%0.03% today, higher than 6% of U.S. institutions. 0.50% would reach the top quarter; 1.51% the top 10%.
Savings, $10,0001.15%0.50% today, higher than 50% of U.S. institutions. 1.15% would reach the top quarter; 2.20% the top 10%.
CDs, 31-60 months3.65%2.00% today, higher than 19% of U.S. institutions. 3.65% would reach the top quarter; 4.07% the top 10%.
To score in the 90sIts CDs already have a rate near the best in the country (4.10% at 16-30 months); its other CDs rates need to rank near the top too, so the weaker ones above matter most.

Scores update as rates change. Institutions can correct a rate we show; payment never changes a score.

Method

How the score works

Each product gets a standingWe compare its CD, savings, auto loan and credit card rates with every bank and credit union in the U.S. and give each product a standing out of 100. Its best rates count the most. For loans and cards, lower rates rank higher.
Its two best products set the scoreWe average its two strongest products. Each extra product it publishes adds 1.5 points, so sharing more rates can only help.
Its rank puts it on the 60–99 scaleWe rank that number against every scored bank and credit union in the country to get a score from 60 to 99. The top quarter earn Top Carrot.

How Heartland Bank and Trust Company got its score

Its products stand at 74.1 for CDs and 46.5 for savings, out of 100. Together they average 60.3. That puts it ahead of 41% of U.S. banks and credit unions: a Carrot Score of 76.

The fine print: inside each product, its best rates make up 60% of its standing and all its rates the rest. Its best rates are its two best CD terms, its $10,000 and Qualified savings or money market rates, the better of its new and used auto loan rates, and its credit card purchase rate. The Qualified rate is the best $10,000 rate you can get by opening another account or meeting monthly requirements (or the standard rate, if that’s higher). Rates that need monthly activity get half credit for the extra they pay, and rates that need a combined balance count only from that balance. We subtract monthly fees and count an intro rate at what it earns over a full year. Accounts for kids, students, seniors, businesses, IRAs and health savings aren’t scored.

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