Meredith Village Savings Bank
Quick Summary
- HSA savings account
The Verdict
Meredith Village Savings Bank provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
Since our inception in 1869, Meredith Village Savings Bank has provided a safe, convenient place to save money and help people achieve their financial and personal goals.
Over the past 150 years, during periods of economic prosperity as well as through turbulent times in United States history, the bank has remained resilient and steadfast when it comes serving our customers and the community.
We have grown in size and expanded our range of financial products and services to meet the changing needs of customers and the communities we serve. What began as a one-room operation in downtown Meredith, NH has become a successful mutual savings bank with 13 offices in 10 New Hampshire communities throughout the Lakes Region, Plymouth and Seacoast areas. What’s our secret to success? The answer to this question lies in our history.
Despite our continued readiness to grow and change with the times, we have always remained true to our roots as a community bank. We started as an independent mutual savings bank and are now part of the mutual holding company, NH Mutual Bancorp. This means we have no stockholders and our profits (beyond operational costs) belong to our depositors. Our goal is to protect deposits, make limited, low-risk investments that will generate interest for our customers, and invest in our local communities through lending opportunities, community giving and volunteerism.
Key Features
Banking & Access
Includes debit card and check-writing.
Investment Options
This provider focuses on cash savings without investment options.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
Requires $10 minimum balance. 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
Savings-Only Account
Meredith Village Savings Bank currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $0 - $500 | 0.01% |
| $500 - $2,500 | 0.01% |
| $2,500 - $10,000 | 0.05% |
| $10,000 - $25,000 | 0.15% |
| $25,000+ | 0.25% |
Last updated: 06-03-2024
Contact Information
Address
24 NH Route 25 Meredith, NH, 03253 Customer Service Mailing Address Meredith Village Savings Bank PO Box 177 Meredith, NH 03253
Customer Service
800-922-6872
24 NH Route 25 Meredith, NH, 03253 Customer Service Mailing Address Meredith Village Savings Bank PO Box 177 Meredith, NH 03253
At a Glance
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
Sentiment data coming soon
Compare with Related Providers
Linn Area Credit Union
Linn Area Credit Union is a not-for-profit, full-service financial organization with branches in Cedar Rapids and Marion, Iowa. We are very much a local organization; our employees are your neighbors and our kids go to the same school. “We Are Family” is not just a tagline, it’s how we operate. We don’t call you “customers,” we call you “members.” You’re a member of the family, as well as a member/owner of the credit union. (We aren’t going to make you wear a Member’s Only jacket, though. That would be ridiculous.)
Read Review →Warren-Boynton State Bank
The mission of the Warren-Boynton State Bank is to serve its customers and communities by remaining a strong and stable community bank focused on providing high quality financial products and personal service. Warren-Boynton State Bank is a full-service bank offering loan services for farm, commercial, and consumer purposes as well as commercial and residential real estate loans. The bank has a comprehensive line of deposit products for both businesses and consumers including checking accounts, money markets, savings, IRAs and certificates of deposit.
Read Review →Fortifi Bank
Fortifi Bank has been a federally chartered financial institution for 140 years. Our asset size is $395 million and our capital levels are considered very strong. We will be here for at least another 150 years. Together, we fuel progress in the neighborhoods where you live and work. Your money turns into loans for individuals and small businesses that you know. We always provide the ultimate client experience and exist to fulfil the dreams of people, businesses, and communities through innovative financial solutions.
Read Review →Latest HSA Strategies
View all articles
Ineligible 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.