C

Custer Federal State Bank

Best ForFee-Conscious Savers
FeesNone ($0 Maintenance)

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 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

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

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)Not published
Debit CardNot included
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
  • No online banking
  • No debit card included

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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