O

Old Fort Banking

Best ForFee-Conscious Savers
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

Old Fort Banking provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

The bank's board members consist of community leaders and businessmen who are dedicated to and share a passion for community banking. They value the importance of providing a bank where decisions are made locally, and service is consistently provided by associates who know their clients and their community.

Since opening our doors for business, The Old Fort Banking Company has had one mission — to provide our clients with value-based products and service, delivered with a personal touch by knowledgeable staff members.

For over 100 years, The Old Fort Banking Company has been committed to providing our clients with excellent service and financial expertise to help them meet their financial goals. We are proud of our long-standing history of not only supporting our clients, but also supporting our communities, associates and shareholders.

Key Features

Banking & Access

Includes online banking.

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

* Account Opening Fee

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

Investment Options

Savings-Only Account

Old Fort Banking currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.

Interest Rates

Standard Rates

Balance RangeAPY
$0 - $2,0000.00%
$2,000+0.05%

Last updated: 05-28-2024

Contact Information

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)~0.05%
Debit CardNot included
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 debit card included

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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