First Federal Bank of Louisiana
Quick Summary
- HSA savings account
The Verdict
First Federal Bank of Louisiana provides essential HSA features with a monthly fee of $2.50 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
First Federal Bank of Louisiana is a full-service, locally owned, community bank that has helped build the communities we serve for over 70years. We offer Personal and Business Checking Accounts, Savings and CD’s, multiple Retirement Options, Home Equity Credit Lines, as well as Mortgages and Consumer Loans. Our established Investment and Insurance divisions also offer a full line of products for First Federal Bank customers. Over the years, First Federal Bank has established a reputation for fast, professional service. We believe our customers expect and deserve nothing less.
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* | $2.50 | $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 Federal Bank of Louisiana 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
1135 Lakeshore Dr. Lake Charles, LA 70601 Customer Service
Customer Service
At a Glance
Pros & Cons
The Good
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $2.50
- •No investment options available
- •No online banking
User Sentiment
Based on community feedback
Sentiment data coming soon
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