BankORION
Quick Summary
- HSA savings account
The Verdict
BankORION provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
What do you want most in a bank? Access to your money? Convenience? Great rates? Financial guidance? Borrowing power? Those only happen through a great banking partnership. At BankORION, we create bright partnerships that add value, make lives better and last a lifetime. We like doing partner-driven things...like working together to find solutions, anticipating needs, respecting others, listening well, noticing the details, exceeding expectations, and responding with compassion.
Partnership has its perks. Our mission is to provide a bright partnership that enhances the financial well-being of our customers, employees, shareholders, and the communities we serve by offering flexibility, reliability, compassion, and commitment.
There is purpose in partnership. A bright partnership brings people together, driven by a mission to do what is right and make lives better. What inspires you is what motivates us too – serving others, working hard, getting it done, exceeding expectations, strengthening relationships, bettering our communities, and doing what is right every day. An attentive partner really knows you, listens to you, respects you, and trusts you. A smart partner thinks ahead and looks out for you. They stand by your side to help you succeed. Trustworthy partners are along for the ups and downs, in it together. We are that bright partner – for you, your family, your business, and your community.
Key Features
Banking & Access
Includes debit card and 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
Requires $100 minimum balance. 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 |
* Account Opening Fee
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Savings-Only Account
BankORION currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $100+ | 0.10% |
Last updated: 01-13-2026
Contact Information
Address
1114 4th St Orion, IL 61273-0009 Customer Service Mailing Address PO Box 9 Orion, IL 61273-0009
Customer Service
309-526-8011
1114 4th St Orion, IL 61273-0009 Customer Service Mailing Address PO Box 9 Orion, IL 61273-0009
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
User Sentiment
Based on community feedback
Sentiment data coming soon
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