M

Meijer Credit Union

Best ForEveryday Medical Spending
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

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

On June 25, 1958 a group of Meijer Team Members provided the initial capital to establish Meijer Credit Union as a state chartered credit union. Meijer Credit Union initially served Meijer Team Members and their family members in the West Michigan area.

Over the years, Meijer Stores and Meijer Credit Union grew. In 2004, Meijer Credit Union opened its charter to include anyone living in the Rockford, Michigan community to help serve the Rockford Meijer Store. Meijer Credit Union’s membership grew to over 15,000 members located in the communities of which Meijer is apart.

In January 2017, Meijer Credit Union announced that membership is now open to everyone in the State of Michigan. We are honored to be one of seven credit unions located in Michigan who have a Statewide charter!

Key Features

Banking & Access

Includes debit card.

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

Meijer 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+1.00%

Last updated: 08-21-2024

Contact Information

Address

2410 Gaynor Avenue NW Grand Rapids, MI 49544 Customer Service Mailing Address 2410 Gaynor Avenue NW PO Box 141607 Grand Rapids, MI 49514

Customer Service

(616) 784-4822

2410 Gaynor Avenue NW Grand Rapids, MI 49544 Customer Service Mailing Address 2410 Gaynor Avenue NW PO Box 141607 Grand Rapids, MI 49514

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)~1.00%
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
  • No online banking

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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