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Alpena Alcona Area Credit Union

Best ForHigh-Yield Cash Savers
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

Alpena Alcona Area Credit Union provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

So much can be said about Alpena Alcona Area Credit Union as a financial institution, as a leader in our community and as an employer. As an employer, AAACU values its staff and provides competitive wages and benefits to both full and part-time employees. As a leader in the community, we focus on reinvestment, charitable contributions and “people helping people.” We organize fundraisers, charity events and donate time and money to make a difference in the lives of those around us. As a not for profit cooperative, we are strong, sound and member focused. We are based on trust and committed to safeguarding our members’ assets. We put people before money and have a strong belief in service above self. We are Alpena Alcona Area Credit Union and everything we do we do for you… the employees, the members and the communities we serve.

Key Features

Banking & Access

Basic account access provided.

Investment Options

This provider focuses on cash savings without investment options.

Security & Insurance

Deposits are FDIC/NCUA insured for your protection.

Account Details

No minimum balance to open. no account opening fees.

Fee Analysis

Fee TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance$0.00$0.69EXCELLENT
Account Opening$0.00$1.88EXCELLENT
Account Closing$0.00$1.95EXCELLENT

Industry averages calculated from 853 providers in the HSA Orbit database.

Investment Options

Savings-Only Account

Alpena Alcona Area Credit Union currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.

Interest Rates

Standard Rates

Balance RangeAPY
$0+5.12%

Last updated: 06-03-2024

Contact Information

Address

1100 S Bagley Street Alpena, MI 49707 Customer Service Mailing Address PO Box 515 Alpena, MI 49707

Customer Service

1-800-443-3577

1100 S Bagley Street Alpena, MI 49707 Customer Service Mailing Address PO Box 515 Alpena, MI 49707

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)~5.12%
Debit CardNot included
FDIC InsuredYes

Pros & Cons

The Good

  • No monthly maintenance fees
  • No account opening or closing fees
  • FDIC/NCUA insured deposits
  • Competitive APY up to 5.12%

The Bad

  • No investment options available
  • No online banking
  • No debit card included

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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