B

Bank Midwest

Best ForFee-Conscious Savers
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

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

Ironically, common sense has never been all that common. If it were, banks would only sell you what you need. Everything would be fair, without all of the fine print. And, when your banker looked at you, they wouldn’t just see a number, they’d see a dad, or a mom, or a graduate, or a business owner. That’s why at Bank Midwest we understand the complexities of people’s lives and offer simple solutions. We call it banking with common sense, and we invite you to do the same.

Bank Midwest is a division of NBH Bank, which is a subsidiary of National Bank Holdings Corporation (NYSE: NBHC) and operates a network of banking centers throughout Colorado, Kansas, Missouri and Texas.

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

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

Interest Rates

Interest rates are not currently available for this provider.

Contact Information

Address

1100 NW South Outer Rd Blue Springs, MO 64015 Customer Service

Customer Service

800-867-2265

1100 NW South Outer Rd Blue Springs, MO 64015 Customer Service

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)Not published
Debit CardNot included
FDIC InsuredYes

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 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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