Elements Financial
Quick Summary
- TD Ameritrade investment access
- Credit union rates
- Eli Lilly affiliation
The Verdict
Elements Financial provides essential HSA features with a monthly fee of $4.00 and self-directed brokerage access, earning a 2.5/5.0 rating from HSA Orbit.
Elements Financial is a credit union. That means we're like a bank, only better. We offer checking, savings, credit cards, loans and investments, yet profits are returned back to members in the form of reduced fees, higher savings rates and lower loan rates. We also offer our members comprehensive financial wellness services with personal attention and service.
Key Features
Banking & Access
Includes debit card, online banking and check-writing.
Investment Options
Offers self-directed brokerage.
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* | $4.00 | $0.69 | ABOVE AVG |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $25.00 | $1.95 | ABOVE AVG |
| Check Printing | $0.00 | N/A | -- |
| Wire transfer (Domestic outgoing and HSA transfers | $25.00 | N/A | -- |
* $4/month - Waived if balance > $2,500
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Brokerage Access
Elements Financial provides a self-directed brokerage window for investing your HSA funds in the broader market.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $0 - $2,500 | 0.10% |
| $2,500 - $10,000 | 0.30% |
| $10,000 - $25,000 | 0.30% |
| $25,000+ | 0.50% |
Last updated: 04-22-2025
Contact Information
Address
225 S East St, Suite 300 Indianapolis, IN 46202 Customer Service Mailing Address Elements Financial Attn: Customer Service 225 South East Street; Suite 300 Indianapolis, IN 46202
Customer Service
1-855-440-4472
225 S East St, Suite 300 Indianapolis, IN 46202 Customer Service Mailing Address Elements Financial Attn: Customer Service 225 South East Street; Suite 300 Indianapolis, IN 46202
At a Glance
Pros & Cons
The Good
- •Self-directed brokerage access
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $4.00
User Sentiment
Based on community feedback
Sentiment data coming soon
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