J

Jackson County Bank

Best ForLong-Term Savers
FeesNone ($0 Maintenance)

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 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

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

Monthly Fee$0
Investment Threshold$5,000
Interest Rate (Cash)Not published
Debit CardIncluded
FDIC InsuredYes

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

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NegativeNeutralPositive

Sentiment data coming soon

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