Montgomery Bank
Quick Summary
- HSA savings account
The Verdict
Montgomery Bank provides essential HSA features with a monthly fee of $2.00 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
At Montgomery Bank, we focus every day on making banking easy for our customers and treating each person we meet like family. We’ve been family owned since 1957. We take a lot of pride in providing the personal, friendly service of a community bank while offering all the conveniences and amenities of a national chain. With ten branches across Southeast Missouri and St. Louis, we can’t wait to serve you and your family’s banking needs.
Key Features
Banking & Access
Includes online banking 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 $1 minimum balance. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance | $2.00 | $0.69 | ABOVE AVG |
| 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
Montgomery 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 - $5,000 | 0.15% |
| $5,000 - $10,000 | 0.50% |
| $50,000+ | 1.50% |
Last updated: 02-13-2025
Contact Information
Address
One Montgomery Bank Plaza Sikeston, Missouri 63801 Customer Service Mailing Address 1 Montgomery Bank Plaza PO Box 948 Sikeston, MO 63801
Customer Service
1-800-455-2275
One Montgomery Bank Plaza Sikeston, Missouri 63801 Customer Service Mailing Address 1 Montgomery Bank Plaza PO Box 948 Sikeston, MO 63801
At a Glance
Pros & Cons
The Good
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $2.00
- •No investment options available
- •No debit card included
User Sentiment
Based on community feedback
Sentiment data coming soon
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