Annual Dues & Payment Plans
Information About Online Dues Payment
Our bank can accept online payment for HOA dues. Online payment comes with choices to pay in full, semi-annually, quarterly, or monthly. To cover the cost and effort to track the periodic payments and the mailing of statements, an installment fee per payment will be included for quarterly and monthly payments. The appropriate installment payment will be determined and assessed when receiving the initial payment.
If you wish to sign up for electronic payments follow the instructions on the invoice. The service is free if you connect a bank account; however, credit cards and debit cards will incur a convenience fee.
Residents who have previously signed up for online payments should check to make sure the payment amounts are adjusted based on this year’s invoice.
Â
Payment Plan Options
Residents may choose one of the following payment plans:
Semi‑Annual (2 payments)
- $1002 total (2 × $501)
- Due January 31Â &Â July 31
- No installment fees
Quarterly (4 payments)
- $1028 total (4 × $257)
- Includes $26 installment fee
- Due Jan 31, Apr 30, Jul 31, Oct 31
Monthly (12 payments)
- $1080 total (12 × $90)
- Includes $78 installment fee
- Due end of each month
Annual (1 payment)
- $1002 total
- Due January 31
- No installment fees
The annual HOA assessment is always due on January 1 and will accrue late fees and interest after January 31 (or installment due date).
Payment Methods
2. Mail a Check to Heritage Bank
Make your check payable to Montevideo Improvement Association and mail it to:
Montevideo Improvement Association
c/o Heritage Bank of Commerce
PO Box 11014
San Jose, CA 95103-1014
Please include your property address on the memo line of your check to ensure proper credit to your account.
1. Drop Off / Mail to the MIA Clubhouse
Make your check payable to Montevideo Improvement Association and mail or drop it in the clubhouse mail slot:
Montevideo Improvement Association
1585 Monteval Lane
San Jose, CA 95120
3. Pay Online
MIA recently transitioned to a new online payment system through Citizens Bank. If you previously used the Heritage online payment platform, you must register in the new system before making future online payments.
New Payment Portal:
Montevideo Online Payment Portal
Previous Portal (being decommissioned):
Heritage Bank Payment Portal
Â
What You Need to Do
- Register for an account in the new payment system.
- Review the registration instructions and FAQ previously distributed by MIA.
- Once registered, you can make payments, view account information, and manage future payments online.
If you have already registered and are successfully using the new portal, no further action is needed beyond submitting your payment by July 31.
Need Assistance?
For questions regarding registration, online payments, or account access, please contact Heritage Bank directly:
- Email:Â hoaspecialtybanking@herbank.
com - Phone:Â 844-489-0999
- Hours: Monday–Friday, 9:00 AM – 5:00 PM
Late Fees
Late fees and interest begin accruing after January 31 or after any missed installment due date.
If you have any questions or need assistance with your payment, feel free to reach out.
