NBT Bank
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 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 |
* 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.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $0 - $2,500 | 0.10% |
| $2,500 - $25,000 | 0.15% |
| $25,000 - $50,000 | 0.25% |
| $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
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
Sentiment data coming soon
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