First Bank (IL)
Quick Summary
- HSA savings account
The Verdict
First Bank (IL) provides essential HSA features with a monthly fee of $2.08 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
Since 1893, generations of businesses, farmers and families have turned to us to Make Great Things Happen in Carmi, Grayville, Lawrenceville and Mount Carmel in Illinois, and Evansville, Haubstadt, Mount Vernon, Poseyville, Princeton and Vincennes in Indiana. Experience the First Bank difference, where you'll find real partnerships based on knowledge and trust.
Key Features
Banking & Access
Includes debit card and online banking.
Investment Options
This provider focuses on cash savings without investment options.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
Requires $1 minimum balance. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance* | $2.08 | $0.69 | ABOVE AVG |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $0.00 | $1.95 | EXCELLENT |
* Account Opening Fee
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Savings-Only Account
First Bank (IL) 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
Customer Service
1-800-538-3979
At a Glance
Pros & Cons
The Good
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $2.08
- •No investment options available
- •Interest rates not published
User Sentiment
Based on community feedback
Sentiment data coming soon
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