Jackson County Bank
Quick Summary
- HSA savings account
The Verdict
Jackson County Bank provides essential HSA features with zero monthly maintenance fees and mutual fund investing, earning a 0/5.0 rating from HSA Orbit.
The Jackson County Loan and Trust Company was opened in 1900 with an initial capital of $25,000. For more than 100 years, Jackson County Bank, or JCB as it has come to be known, has not only held fast to the values upon which it was founded, it has grown to serve multiple counties and to assets of over $400 million.
The success and growth of this institution is a direct result of JCB’s commitment to provide and support extraordinary products and services which meet and exceed our customers’ expectations. We will continue to thrive and evolve by being attentive to enhancing the value of our stockholders’ investment, by offering convenient locations, embracing technological advances in the banking industry, preserving the values and philosophies upon which we were founded and giving back to the communities that we serve.
Key Features
Banking & Access
Includes debit card, online banking and check-writing.
Investment Options
Offers mutual fund investing.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
No minimum balance to open. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance | $0.00 | $0.69 | EXCELLENT |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $0.00 | $1.95 | EXCELLENT |
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Mutual Fund Investing
Access mutual fund investments through your HSA with Jackson County Bank.
- Minimum Threshold$5,000
- Fees0.50% annual fee charged by myHSAinvestments
Interest Rates
Interest rates are not currently available for this provider.
Contact Information
Address
PO Box 1001 Seymour, IN 47274
Customer Service
800-204-6477
PO Box 1001 Seymour, IN 47274
At a Glance
Pros & Cons
The Good
- •No monthly maintenance fees
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •$5,000 minimum to invest
- •Interest rates not published
User Sentiment
Based on community feedback
Sentiment data coming soon
Compare with Related Providers
Michigan State University Federal Credit Union
Founded in 1937, MSUFCU is owned and operated by members of the Michigan State University and Oakland University communities. We offer financial services to MSU and OU faculty, staff, students, alumni association members, and their families as well as a variety of select employee groups.
Read Review →Pinnacle Financial Partners
Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. Pinnacle's focus begins in recruiting top financial professionals. The American Banker recognized Pinnacle as the sixth best bank to work for in the country in 2016. The firm began operations in a single downtown Nashville location in October 2000 and now operates in the state's four largest markets, Nashville, Memphis, Knoxville and Chattanooga, as well as several surrounding counties.
Read Review →American State Bank
American State Bank and American Investment & Trust employ over 100 employees and manage over $800,000,000 in assets. We have 8 locations across Iowa and South Dakota: Sioux Center, Alton, Alvord, Hull, Hospers, Granville, Orange City, and Sioux Falls. American State Bank is the largest bank in Sioux County and the second largest agricultural bank in Iowa. We are locally owned & support many community projects and organizations.
Read Review →Latest HSA Strategies
View all articlesIneligible HSA Contribution? How to Fix It and Avoid Penalties
Made an ineligible HSA contribution? Learn how to fix excess contributions, avoid the 6% penalty, and handle Form 8889 before the tax deadline.
Why Does Tax Software Say My HSA Contribution Is Taxable?
Your tax software shows HSA contributions as taxable income? Learn why it happens, how to fix it in TurboTax and FreeTaxUSA, and avoid penalties.