C

Community Bank - MN

Best ForEveryday Medical Spending
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

Community Bank - MN provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

Community Bank is an experienced family owned and operated bank. We are dedicated to satisfying the needs of our customers and employees in a warm and friendly hometown atmosphere while providing an adequate return for future growth and financial stability.

With locations in Mankato, Eagle Lake, Vernon Center and Amboy, we have you covered as your locally owned bank. We lend money to build local businesses and homes for our neighbors. Whether you're opening your first savings account, approaching retirement, or starting a new business, our philosophy is the same; to serve the needs of the communities we call home. We are prepared to assist you in almost any situation. If you're changing jobs and need to roll over funds from a 401K, we can help. We offer a variety of checking and savings products that give you the means to manage your daily finances with ease.

Key Features

Banking & Access

Includes debit card, online banking 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 TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance$0.00$0.69EXCELLENT
Account Opening$0.00$1.88EXCELLENT
Account Closing$0.00$1.95EXCELLENT

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

Investment Options

Savings-Only Account

Community Bank - MN currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.

Interest Rates

Standard Rates

Balance RangeAPY
$0+1.00%

Last updated: 06-17-2024

Contact Information

Address

300 St. Andrews Drive Mankato, MN 56001 Customer Service

Customer Service

(507) 385-4444

300 St. Andrews Drive Mankato, MN 56001 Customer Service

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)~1.00%
Debit CardIncluded
FDIC InsuredYes

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

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NegativeNeutralPositive

Sentiment data coming soon

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