G

Grow Financial Federal Credit Union

Best ForEveryday Medical Spending
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

Grow Financial Federal Credit Union provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

Ever since we were founded in 1955, Grow has always been more about people than profit. Since banks back then didn’t really understand how to work with service members, a group of civilian employees at MacDill Air Force Base in Tampa decided base personnel needed their own credit union. These employees cleared out a broom closet and the MacDill Air Force Base Federal Credit Union was born. The next couple of decades were a boom time for the Sunbelt, and our credit union welcomed all kinds of people, not just military personnel. As we grew with the community, we became Grow. The name reflected the essence of who we are and what we set out to do—help people grow. Personally. Professionally. Financially. And after 60 years, we’re just getting started.

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

No minimum balance to open. 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

Grow Financial Federal Credit Union currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.

Interest Rates

Standard Rates

Balance RangeAPY
$0+0.10%

Last updated: 01-24-2025

Contact Information

Address

P.O. Box 89909 Tampa, FL 33689-0415

Customer Service

800-839-6328

P.O. Box 89909 Tampa, FL 33689-0415

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)~0.10%
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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