I

IAA Credit Union

Best ForActive Investors & Savers
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

IAA Credit Union provides essential HSA features with zero monthly maintenance fees and self-directed brokerage access, CD options, earning a 0/5.0 rating from HSA Orbit.

The IAA Credit Union was formed to serve the financial needs of the employees of the IAA Family of Companies.

Through the years, our field of membership has expanded to include the members of Illinois Farm Bureau, COUNTRY Financial policyholders, Growmark patrons, and other small employee groups. We also serve the family members and retirees of these groups.

Because we are a credit union, our customers own us. We refer to our customers as members since they are all "members" of our cooperative. On a day to day basis our mission is to serve our member owners and advance their financial well being!

Key Features

Banking & Access

Includes debit card and check-writing.

Investment Options

Offers self-directed brokerage and CDs.

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

Brokerage Access

IAA Credit Union provides a self-directed brokerage window for investing your HSA funds in the broader market.

StocksETFsCDs

Interest Rates

Standard Rates

Balance RangeAPY
$0+0.50%

Last updated: 06-17-2024

Contact Information

Address

808 IAA Drive Bloomington, IL 61702-2901 Customer Service Mailing Address P.O. Box 2901 Bloomington, IL 61702-2901

Customer Service

800-676-2541

808 IAA Drive Bloomington, IL 61702-2901 Customer Service Mailing Address P.O. Box 2901 Bloomington, IL 61702-2901

At a Glance

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

Pros & Cons

The Good

  • No monthly maintenance fees
  • No account opening or closing fees
  • Self-directed brokerage access
  • FDIC/NCUA insured deposits

The Bad

  • No online banking

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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