C

Consumers Credit Union

Best ForActive Investors & Savers
FeesNone ($0 Maintenance)

Quick Summary

  • Credit union
  • Investment options
  • NCUA insured

The Verdict

Consumers Credit Union provides essential HSA features with zero monthly maintenance fees and self-directed brokerage access, mutual fund investing, CD options, earning a 2.3/5.0 rating from HSA Orbit.

Founded in 1930 and headquartered in Lake Forest, IL, Consumers Credit Union (CCU) has $4.4 billion in assets and serves over 276,000 members – one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner.

Key Features

Banking & Access

Includes debit card, online banking and check-writing.

Investment Options

Offers self-directed brokerage, mutual fund investing 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

* No account fees

Industry averages calculated from 853 providers in the HSA Orbit database.

Investment Options

Brokerage Access

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

StocksETFsMutual FundsCDs

Mutual Fund Investing

Access mutual fund investments through your HSA with Consumers Credit Union.

  • Minimum Threshold$1,000
  • FeesDevenir platform: no-load or load-waived mutual funds

Interest Rates

Standard Rates

Balance RangeAPY
$0 - $25,0000.55%
$25,000 - $100,0000.65%
$100,000 - $250,0000.75%
$250,000+1.16%

Last updated: 11-12-2025

Contact Information

Address

Consumers Credit Union 300 N Field Dr. Lake Forest, IL 60045

Customer Service

877-275-2228

Consumers Credit Union 300 N Field Dr. Lake Forest, IL 60045

At a Glance

Monthly Fee$0
Investment Threshold$1,000
Interest Rate (Cash)~1.16%
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

  • $1,000 minimum to invest

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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