First State Community Bank
Quick Summary
- HSA savings account
The Verdict
First State Community Bank provides essential HSA features with a monthly fee of $2.00 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
Like any great Midwestern origin story, ours starts with local businesspeople. The ones who founded First State Community Bank were part of the tight-knit community in Farmington, a prosperous town nestled in the plains of Southeast Missouri.
During a time of economic struggle, a forward-thinking businessman, B.H. Jennings, saw a need for locally-owned banking services in the region. Gathering investors, he formed First State Bank, now known as First State Community Bank.
Since we opened our doors back in 1954, we’ve grown a lot, but we remain true to our roots. We believe in helping our local economy grow and thrive. We believe in giving back. And we believe that when it comes to banking, people should always come first.
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 $50 minimum balance. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance* | $2.00 | $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 State Community Bank 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
877-955-3722
At a Glance
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
- •Interest rates not published
User Sentiment
Based on community feedback
Sentiment data coming soon
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