Crossroads Bank
Quick Summary
- HSA savings account
The Verdict
Crossroads Bank provides essential HSA features with a monthly fee of $10.00 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
The friendly atmosphere and welcoming spirit at Crossroads Bank helps make each interaction pleasant. We are here to serve you – our valued customers. The staff is dedicated and passionate about the future of the bank, as well as the financial well-being of all those who bank with us. The Board of Directors is extremely valuable to the growth and success of Crossroads Bank. They understand the importance of having a competitive edge and they embrace the accelerating changes in today’s technology.
Crossroads Bank offers excellent services and products for everyone. We cover lending options for commercial, mortgage, and personal needs, as well as offer Trust Services. We know how important technology is in today’s world so we will continue to keep pace with technological innovations in the banking industry. For example, the proliferation of online banking services has made it possible for Crossroads Bank to keep our customers who have moved out of the area. You can live anywhere and still bank at Crossroads Bank! Whatever the reason or whichever the direction you are headed in life, all roads will lead you to Crossroads Bank. The bank remains locally owned and operated; we are truly a Community Bank!
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
Requires $100 minimum balance. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance | $10.00 | $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
Crossroads 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 - $250 | 0.00% |
| $250 - $10,000 | 0.50% |
| $10,000+ | 1.50% |
Last updated: 08-22-2024
Contact Information
Address
2000 S. Banker Street Effingham, IL 62401 Customer Service Mailing Address Crossroads Bank P.O. Box 783 Effingham, IL 62401
Customer Service
1-800-305-7751
2000 S. Banker Street Effingham, IL 62401 Customer Service Mailing Address Crossroads Bank P.O. Box 783 Effingham, IL 62401
At a Glance
Pros & Cons
The Good
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $10.00
- •No investment options available
- •No online banking
User Sentiment
Based on community feedback
Sentiment data coming soon
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