F

First Guaranty Bank

Best ForEveryday Medical Spending
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

First Guaranty Bank provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

For over 89 years, First Guaranty Bank has proudly served the people of Louisiana and Texas. With today’s ever changing economy, there is one thing that will not change and that is First Guaranty Bank’s commitment to our customers. With the power to make loan decisions on a local level we have the strength to help meet the needs and expectations of our customers. While other banks may come and go, First Guaranty Bank continues to have the power of three generations of banking trust.

Key Features

Banking & Access

Includes debit card, online banking and check-writing.

Investment Options

This provider focuses on cash savings without investment options.

Security & Insurance

Deposits are FDIC/NCUA insured for your protection.

Account Details

Requires $100 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

First Guaranty Bank currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.

Interest Rates

Standard Rates

Balance RangeAPY
$0 - $1,4990.05%
$1,500 - $99,9990.07%
$100,000 - $999,9990.12%
$1,000,000+0.30%

Last updated: 04-25-2025

Contact Information

Address

400 East Thomas Street Hammond, LA 70401 Customer Service

Customer Service

888-375-3093

400 East Thomas Street Hammond, LA 70401 Customer Service

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)~0.30%
Debit CardIncluded
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

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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