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Riverland Federal Credit Union

Best ForEveryday Medical Spending
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

Riverland Federal Credit Union provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

We've built our Credit Union on the belief that financial services can be provided economically, without sacrificing service or quality and that every member is significant. In 1978, that’s the mindset that motivated a handful of New Orleans Public Service, Inc. (NOPSI) employees to pool their resources and charter our Credit Union with the State of Louisiana.

Through the years, as our sponsor company grew and merged with other utility entities, its employee base expanded. Our Board of Directors strategically aligned our Credit Union to follow the company, now Entergy, and serve all employees systemwide.

In 1990, we changed our name to RiverLand Credit Union to better reflect the wide range of members we serve. In 2014, our membership voted to convert to a federal charter and we became RiverLand Federal Credit Union.

Through it all, we have not lost sight of the reason for our existence, our members. Our commitment to our members today is the same as it was when we were first chartered; every member is important and we strive to provide unparalleled member service in all of the financial services we provide, at the lowest cost possible because to us, Members Matter!

Key Features

Banking & Access

Includes debit card and check-writing.

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

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

Investment Options

Savings-Only Account

Riverland Federal Credit Union currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.

Interest Rates

Standard Rates

Balance RangeAPY
$105+0.10%

Last updated: 11-12-2024

Contact Information

Address

639 Loyola Ave. Suite 220 New Orleans, LA 70113 Customer Service

Customer Service

800-586-4728

639 Loyola Ave. Suite 220 New Orleans, LA 70113 Customer Service

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)~0.10%
Debit CardIncluded
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 online banking

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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