PrinsBank
Quick Summary
- HSA savings account
The Verdict
PrinsBank provides essential HSA features with a monthly fee of $1.25 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
PrinsBank was established in 1916 to serve the needs of our local communities. We offer a variety of banking products and services. We are proud of our ability to provide full-service banking with prompt, local decision making from people who know you.
PrinsBank strives to make our customer's banking experiences easy and pleasant. Our friendly and experienced staff is highly committed to service and customer satisfaction.
PrinsBank strongly supports the communities we serve. We are committed to assisting our schools, churches and other local organizations.
If you are presently our customer, please know that the Board of Directors and the PrinsBank employees value your business and wish to thank you for putting your trust in us. If we can assist you with any additional services, please contact us. If you are not presently banking here at PrinsBank, we invite you to consider our services. If there is something that we can do to make your banking experience better, please call or come by and give us the opportunity to tailor our services around your financial needs.
Our goal at PrinsBank is to combine friendly, hometown banking with a wide array of products and services to satisfy our customer’s needs.
Key Features
Banking & Access
Basic account access provided.
Investment Options
This provider focuses on cash savings without investment options.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
Requires $50 minimum balance. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance | $1.25 | $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
PrinsBank currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.
Interest Rates
Interest rates are not currently available for this provider.
Contact Information
Address
508 Third Street Prinsburg, MN 56281 Customer Service
Customer Service
At a Glance
Pros & Cons
The Good
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $1.25
- •No investment options available
- •No online banking
User Sentiment
Based on community feedback
Sentiment data coming soon
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