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First Bank of Manhattan

Best ForHSA Account Holders
Fees$2.00/mo

Quick Summary

  • HSA savings account

The Verdict

First Bank of Manhattan provides essential HSA features with a monthly fee of $2.00 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

The First National Bank of Manhattan opened in 1907, operating out of a single building on State Street. Our assets totaled a modest $40,000. In the decades since then, we've grown bigger - and better.

We've always maintained a community focus, striving to provide the highest level of financial services for businesses and residents of Manhattan, Elwood, New Lenox and nearby towns.

We've always looked out for the greater good, seeking to foster growth and prosperity and raise the quality of life for everyone living in our region. We owe a great debt of gratitude to the community for supporting the bank for well over a century. We are also indebted to the generations of shareholders, staff members and managers who have guided the bank through challenging economic times.

It is our hope that we continue the legacy that has carried us for our first 100-plus years. As we move through our second century, it is our belief that the best is yet to come.

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

No minimum balance to open. no account opening fees.

Fee Analysis

Fee TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance*$2.00$0.69ABOVE AVG
Account Opening$0.00$1.88EXCELLENT
Account Closing$0.00$1.95EXCELLENT

* Account Opening Fee

Industry averages calculated from 853 providers in the HSA Orbit database.

Investment Options

Savings-Only Account

First Bank of Manhattan 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

550 W. North Street Manhattan, IL 60442 Customer Service

Customer Service

(815) 478-4611

550 W. North Street Manhattan, IL 60442 Customer Service

At a Glance

Monthly Fee$2.00
Investment ThresholdN/A
Interest Rate (Cash)Not published
Debit CardIncluded
FDIC InsuredYes

Pros & Cons

The Good

  • No account opening or closing fees
  • FDIC/NCUA insured deposits

The Bad

  • Monthly fee of $2.00
  • No investment options available
  • No online banking

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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