Custer Federal State Bank
Quick Summary
- HSA savings account
The Verdict
Custer Federal State Bank provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
Custer Federal was founded by Broken Bow lawyer Wm. C. Schaper and opened for business on March 25, 1925 as the Broken Bow Building and Loan Association. With the idea of affordable home loans and a safe place for saving money in mind, business was conducted from a desk in the back of the A. F. Mackey grocery store north of the railroad tracks on North 10th Avenue. In 1927, Custer Federal moved into the front section of the present Schaper and White Law Office on South 10th Avenue. A federal mutual charter was granted in 1934 and the operation became known as Custer Federal Savings and Loan Association of Broken Bow.
Custer Federal is locally owned by area business people and looks forward to continuing to serve the financial needs of the fine people in central Nebraska.
Key Features
Banking & Access
Basic account access provided.
Investment Options
This provider focuses on cash savings without investment options.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
Requires $50 minimum balance. 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
Custer Federal 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
341 South 10th Avenue Broken Bow, NE 68822 Customer Service Mailing Address PO Box 310 Broken Bow, NE 68822
Customer Service
308-872-6486
341 South 10th Avenue Broken Bow, NE 68822 Customer Service Mailing Address PO Box 310 Broken Bow, NE 68822
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
- •No debit card included
User Sentiment
Based on community feedback
Sentiment data coming soon
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