Provident Credit Union
Quick Summary
- HSA savings account
The Verdict
Provident Credit Union provides essential HSA features with a monthly fee of $2.00 and self-directed brokerage access, CD options, earning a 0/5.0 rating from HSA Orbit.
Currently the 127th largest credit union in the U.S. (20th largest in California)097, Provident Credit Union was opened in 1950 to serve the California Teachers Association. Headquartered in the San Francisco Bay Area, Provident Credit Union now serves more than 135,000 members and over 1,200 employer groups and maintains branches throughout California. With 3.5 billion dollars in assets, Provident has earned a name for safety and soundness.
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
Requires $25 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 |
* Account Opening Fee
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Brokerage Access
Provident Credit Union provides a self-directed brokerage window for investing your HSA funds in the broader market.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $25+ | 0.31% |
Last updated: 02-13-2025
Contact Information
Address
210 Redwood Shores Parkway Redwood Shores, CA 94065 Customer Service Mailing Address Provident Credit Union Attn: Account Services PO Box 8007 Redwood City, CA 94063-0903
Customer Service
800-632-4600
210 Redwood Shores Parkway Redwood Shores, CA 94065 Customer Service Mailing Address Provident Credit Union Attn: Account Services PO Box 8007 Redwood City, CA 94063-0903
At a Glance
Pros & Cons
The Good
- •No account opening or closing fees
- •Self-directed brokerage access
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $2.00
User Sentiment
Based on community feedback
Sentiment data coming soon
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