Community Bank (IL)
Quick Summary
- HSA savings account
The Verdict
Community Bank (IL) provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
Our roots at Community Bank run deep and can be traced back to 1915 when the bank was founded. We have withstood the test of time and have become a top ranking bank among all banks nationwide.
We attribute this top ranking distinction to our conservative traditional community banking, which is the strength of our financial system. In order to gain this ranking, we have worked hard to exhibit a commendable performance of balancing risk and reward. Those conservative policies are transferred to our customers as we deliver more value through our products and services in order to benefit their financial needs and goals.
It is our feeling that our financial statements may tell us how much our assets are worth, but there’s one asset more important than any of our holdings-it’s you, our customer. It’s because of you that we keep growing and changing with the times, while still keeping in touch with the spirit of the community. We appreciate the trust you have placed in us, and will work to continue earning it throughout the years to come.
Key Features
Banking & Access
Includes debit card.
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 | $0.00 | $0.69 | EXCELLENT |
| 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
Community Bank (IL) 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
420 East Lena Street Lena, IL 61048 Customer Service Mailing Address PO Box 189 Lena, IL 61048
Customer Service
815-369-9000
420 East Lena Street Lena, IL 61048 Customer Service Mailing Address PO Box 189 Lena, IL 61048
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
- •No online banking
- •Interest rates not published
User Sentiment
Based on community feedback
Sentiment data coming soon
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