Bank of Cashton
Quick Summary
- HSA savings account
The Verdict
Bank of Cashton provides essential HSA features with a monthly fee of $2.08 and self-directed brokerage access, earning a 0/5.0 rating from HSA Orbit.
The Bank of Cashton is a leading provider of Health Savings Accounts (HSAs), locally, regionally and throughout the country. We have been offering these accounts since 1998 back when they were called, “Medical Savings Accounts”. Since then we have had nationwide success, were voted as a top 5 HSA custodian in the country and currently we are serving across the entire United States. We pride ourselves on customer service and would love the opportunity to earn your business.
Key Features
Banking & Access
Includes debit card, online banking and check-writing.
Investment Options
Offers self-directed brokerage.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
Requires $50 minimum balance. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance* | $2.08 | $0.69 | ABOVE AVG |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $25.00 | $1.95 | ABOVE AVG |
* Account Opening Fee
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Brokerage Access
Bank of Cashton provides a self-directed brokerage window for investing your HSA funds in the broader market.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $50 - $5,000 | 1.75% |
| $5,000 - $15,000 | 1.95% |
| $15,000 - $25,000 | 2.45% |
| $25,000+ | 2.55% |
Last updated: 06-03-2024
Contact Information
Address
723 Main Street Cashton, WI 54619 Customer Service Mailing Address Bank of Cashton PO Box 70 Cashton, WI 54619
Customer Service
(800)-205-7203
723 Main Street Cashton, WI 54619 Customer Service Mailing Address Bank of Cashton PO Box 70 Cashton, WI 54619
At a Glance
Pros & Cons
The Good
- •Self-directed brokerage access
- •FDIC/NCUA insured deposits
- •Competitive APY up to 2.55%
The Bad
- •Monthly fee of $2.08
User Sentiment
Based on community feedback
Sentiment data coming soon
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