Border State Bank
Quick Summary
- HSA savings account
The Verdict
Border State Bank provides essential HSA features with a monthly fee of $2.00 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
For 85 years, Border Bank has been building on its legacy by focusing on “Customer First. Community Focused.” for the communities it serves with a footprint extending from Northern Minnesota to Metro Minneapolis, and now into North Dakota.
As we have grown, our ability to have a greater economic impact upon our communities has grown as well. We continue to invest in our talented employees and technologies, which are vital to our customers’ success. We have built the reputation of working with our customers over the long haul and we feel privileged to have that opportunity.
Key Features
Banking & Access
Includes debit card and check-writing.
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 | $2.00 | $0.69 | ABOVE AVG |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $0.00 | $1.95 | EXCELLENT |
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Savings-Only Account
Border State Bank 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
202 Main Street Badger, MN 56714 Customer Service Mailing Address 202 Main Street PO Box 69 Badger, MN 56714
Customer Service
1-218-528-4255
202 Main Street Badger, MN 56714 Customer Service Mailing Address 202 Main Street PO Box 69 Badger, MN 56714
At a Glance
Pros & Cons
The Good
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $2.00
- •No investment options available
- •No online banking
User Sentiment
Based on community feedback
Sentiment data coming soon
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