N

NBT Bank

Best ForActive Investors & Savers
FeesNone ($0 Maintenance)

Quick Summary

  • Northeast regional bank
  • Investment options available
  • FDIC insured

The Verdict

NBT Bank provides essential HSA features with zero monthly maintenance fees and self-directed brokerage access, CD options, earning a 2.5/5.0 rating from HSA Orbit.

NBT Bank is an independent, community bank based in Norwich, N.Y. We trace our roots back to 1856 when a group of business leaders in Norwich saw a need for additional banking resources in the community and came together to form a bank. We have a proud heritage of building long-term financial relationships with individuals, businesses and organizations, agricultural operations and local governments.

Key Features

Banking & Access

Includes debit card, online banking and check-writing.

Investment Options

Offers self-directed brokerage 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

* Not disclosed - Contact bank

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

Investment Options

Brokerage Access

NBT Bank provides a self-directed brokerage window for investing your HSA funds in the broader market.

StocksETFsCDs

Interest Rates

Standard Rates

Balance RangeAPY
$0 - $2,5000.10%
$2,500 - $25,0000.15%
$25,000 - $50,0000.25%
$50,000+0.30%

Last updated: 03-04-2024

Contact Information

Address

52 South Broad Street Norwich, NY 13815 Customer Service Mailing Address NBT Bank PO Box 351 Norwich, NY 13815

Customer Service

1-800-628-2265

52 South Broad Street Norwich, NY 13815 Customer Service Mailing Address NBT Bank PO Box 351 Norwich, NY 13815

At a Glance

Monthly Fee$0
Investment Threshold$0
Interest Rate (Cash)~0.30%
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

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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