Berkshire Bank
Quick Summary
- HSA savings account
The Verdict
Berkshire Bank provides essential HSA features with a monthly fee of $3.50 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
We're more than a bank. We're an engine for positive change.
You deserve a partner you can trust with more than 175 years of know-how to solve your toughest challenges and the vision to help you turn your dreams into reality.
Key Features
Banking & Access
Includes 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
No minimum balance to open. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance* | $3.50 | $0.69 | ABOVE AVG |
| 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
Berkshire Bank currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $0+ | 0.05% |
Last updated: 04-25-2025
Contact Information
Address
60 State Street Boston, MA Customer Service
Customer Service
833-237-5265
60 State Street Boston, MA Customer Service
At a Glance
Pros & Cons
The Good
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $3.50
- •No investment options available
- •No debit card included
User Sentiment
Based on community feedback
Sentiment data coming soon
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