B

Bankers Trust

Best ForActive Investors
Fees$3.00/mo

Quick Summary

  • HSA savings account

The Verdict

Bankers Trust provides essential HSA features with a monthly fee of $3.00 and self-directed brokerage access, CD options, earning a 0/5.0 rating from HSA Orbit.

Our tradition is one of strength, progress, local ownership, and support for individuals and the community - this is a tradition we pledge to maintain.

If you've already entrusted us with your business, thank you. If you are considering Bankers Trust, we look forward to also providing you exemplary products, expertise, and a level of customer service that's second to none.

You can be confident with your decision to do business with Bankers Trust. We can be reached using our toll-free line, our website, or our 24-hour, 7-day Easy Access automated line. However you reach us, we appreciate the opportunity to serve your financial needs.

Key Features

Banking & Access

Includes check-writing.

Investment Options

Offers self-directed brokerage and CDs.

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*$3.00$0.69ABOVE AVG
Account Opening$0.00$1.88EXCELLENT
Account Closing$25.00$1.95ABOVE AVG

* Account Opening Fee

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

Investment Options

Brokerage Access

Bankers Trust provides a self-directed brokerage window for investing your HSA funds in the broader market.

StocksETFsCDs

Interest Rates

Interest rates are not currently available for this provider.

Contact Information

Address

453 7th Street Des Moines, IA 50309 Customer Service

Customer Service

1-800-362-1688

453 7th Street Des Moines, IA 50309 Customer Service

At a Glance

Monthly Fee$3.00
Investment Threshold$0
Interest Rate (Cash)Not published
Debit CardNot included
FDIC InsuredYes

Pros & Cons

The Good

  • Self-directed brokerage access
  • FDIC/NCUA insured deposits

The Bad

  • Monthly fee of $3.00
  • No online banking
  • No debit card included

User Sentiment

Based on community feedback

--
NegativeNeutralPositive

Sentiment data coming soon

Compare with Related Providers

N

New Direction Trust Company

New Direction Trust Company is a trusted custodian for self-directed HSAs. An HSA with NDTCO can invest in a wide array of assets including private equity, real estate, private loans, precious metals and more. We are commonly used in a 2 HSA system (an HSA at a bank for convenience and an HSA at NDTCO) to maximize the tax benefits of this account type. Ask us how!

Read Review →
F

Flex HSA

Flexible Benefit Service Corporation (Flex) offers integrated HSAs for anyone with a qualified high deductible health plan. Since 1988, Flex has helped individuals and families save on healthcare expenses with our full portfolio of consumer-driven accounts. Our HSA simplifies the health plan experience for our account holders by giving them real-time resources to help them manage their money, including our easy-to-use Mobile App and a web site with videos, calculators, tutorials and more.

Read Review →
S

Synovus

What began as a textile mill in Georgia that, one day, started securing its workers’ hard-earned savings in the company vault has grown into one of the southeast’s most respected financial institutions. All these years later, that drive to help others still runs deep. It guides every decision we make, from the services we constantly innovate to the company culture we build. We pledge to serve every customer with the highest levels of sincerity, fairness, courtesy, respect, and gratitude, delivered with unparalleled responsiveness, expertise, efficiency, and accuracy. We are in the business to create lasting relationships, and we will treat our customers like we want to be treated. We will offer the finest personal service and products delivered by caring team members who take 100% responsibility for meeting the needs of each customer.

Read Review →