Astera Credit Union
Quick Summary
- HSA savings account
The Verdict
Astera Credit Union provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
70 years ago, John Tome watched with sadness as his co-workers lost homes, cars, and furnishings to lenders during a work stoppage at Fisher Auto Body. After learning that there wasn’t a credit union for workers to turn to in their time of need, John contacted Tom Eno, president of UAW Local 602, and suggested that they organize a credit union of their own.
On January 8th, 1949 charter #6016 was granted to the Lansing Fisher Federal Credit Union. Each of the original members subscribed to one, $5.00 share of the cooperative, securing their financial future and a voice in the Credit Union. Many of the original members who worked at Fisher Body took advantage of the “payroll deduction system,” which consisted of John walking the factory floor taking deposits in a steel lunch pail with all records kept by hand! At the end of 1950, the Credit Union had 301 members and assets totaled $16,709.66 ($164,373.13 as adjusted for inflation).
The credit union operated out of Tome’s home for many years until Auto Body Credit Union moved to a building at 320 Clare Street. In 1981, Auto Body Credit Union merged with Co-Op Credit Union of Lansing, establishing two locations, and in 1986, a third branch was started. In 2008, Auto Body Credit Union merged with Auto Body Workers Credit Union of Ionia and gained its first branch in Ionia County, MI.
Key Features
Banking & Access
Includes online banking.
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 Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance | $0.00 | $0.69 | EXCELLENT |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $0.00 | $1.95 | EXCELLENT |
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Savings-Only Account
Astera Credit Union currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $40+ | 0.15% |
Last updated: 01-22-2025
Contact Information
Address
111 S. Waverly Road Lansing, MI 48917 Customer Service Mailing Address 111 S. Waverly Road Lansing, MI 48917
Customer Service
800-323-0048
111 S. Waverly Road Lansing, MI 48917 Customer Service Mailing Address 111 S. Waverly Road Lansing, MI 48917
At a Glance
Pros & Cons
The Good
- •No monthly maintenance fees
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •No investment options available
- •No debit card included
User Sentiment
Based on community feedback
Sentiment data coming soon
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