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First National Bank of South Carolina

Best ForEveryday Medical Spending
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

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

At the turn of the century, Holly Hill was a small rural farming community where cotton was king, horse and wagon were the primary means of travel, and local folks hid or buried their savings for safety. The need for a bank was obvious, and on July 7, 1905, The Bank of Holly Hill was chartered. On September 4, 1905, with $15,000 in capital, The Bank of Holly Hill opened for business on the main road between Charleston and Columbia.

Today, under the name First National Bank of South Carolina, the bank has eight offices and more than 100 years of experience to offer its' customers, plus a full range of services including checking, savings, certificates of deposit, loans, and an ATM network.

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

Requires $100 minimum balance. $25.00 opening fee.

Fee Analysis

Fee TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance$0.00$0.69EXCELLENT
Account Opening$25.00$1.88ABOVE AVG
Account Closing$0.00$1.95EXCELLENT

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

Investment Options

Savings-Only Account

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

Interest Rates

Standard Rates

Balance RangeAPY
$0+0.50%

Last updated: 03-13-2024

Contact Information

Address

801 Gilway Ave Holly Hill, SC 29059 Customer Service

Customer Service

803-496-5011

801 Gilway Ave Holly Hill, SC 29059 Customer Service

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)~0.50%
Debit CardIncluded
FDIC InsuredYes

Pros & Cons

The Good

  • No monthly maintenance fees
  • FDIC/NCUA insured deposits

The Bad

  • 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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