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Auburn Savings Bank

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

Quick Summary

  • HSA savings account

The Verdict

Auburn Savings Bank provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

We don’t bank in black and white. We realize that listening to our customers—learning the “how,” the “why”—is not only crucial to understanding, but simply the right thing to do. More often than not, a tailored financial solution is needed. That’s where we excel.

At Auburn Savings, you aren’t a number, a figure, an account balance. You are our neighbor—the ambitious entrepreneur, the first-time homebuyer, the newlyweds, the child opening his/her first bank account, the seasoned customer on a budget.

We go the distance to understand our customers’ individual financial needs, and we keep our decision making local, giving you fast answers to your questions.

Key Features

Banking & Access

Includes debit card.

Investment Options

This provider focuses on cash savings without investment options.

Security & Insurance

Deposits are FDIC/NCUA insured for your protection.

Account Details

Requires $25 minimum balance. 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

Auburn Savings Bank currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.

Interest Rates

Standard Rates

Balance RangeAPY
$25 - $4,9992.25%
$5,000 - $9,9992.25%
$10,000+2.25%

Last updated: 04-25-2025

Contact Information

Address

256 Court Street Auburn, ME 04212 Customer Service Mailing Address Auburn Savings Bank P.O. Box 3157 Auburn, ME 04212

Customer Service

207-782-6871

256 Court Street Auburn, ME 04212 Customer Service Mailing Address Auburn Savings Bank P.O. Box 3157 Auburn, ME 04212

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)~2.25%
Debit CardIncluded
FDIC InsuredYes

Pros & Cons

The Good

  • No monthly maintenance fees
  • No account opening or closing fees
  • FDIC/NCUA insured deposits
  • Competitive APY up to 2.25%

The Bad

  • No investment options available
  • No online banking

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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