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Security State Bank

Best ForHSA Account Holders
Fees$2.50/mo

Quick Summary

  • HSA savings account

The Verdict

Security State Bank provides essential HSA features with a monthly fee of $2.50 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

Since 1903, Security State Bank has adhered to the fact that it is a local institution with a charter that establishes its head office in Lewis County. Today, with assets of $688 million, we continue to serve the communities of Lewis, southern Thurston, Pacific and Grays Harbor counties from eleven convenient branch locations in Centralia, Chehalis, Morton, Rochester, Pe Ell, Raymond, South Bend and Grayland. The bank enjoys a stable, highly qualified work force, with in depth knowledge of the dynamics of the local economy.

Security State Bank has served this area for over 119 years, and on behalf of our Directors, Officers and Staff, we would like to thank our loyal customers for their many years of support that has brought us this considerable distance. It is the intention of Security State Bank to continue to serve its communities as a locally owned, independent community bank for many more years to come.

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 TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance*$2.50$0.69ABOVE AVG
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

Security State Bank 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

1930 S. Gold Street Centralia, WA 98531 Customer Service Mailing Address Security State Bank P.O. Box 1050 Centralia, WA 98531

Customer Service

1-800-242-2036

1930 S. Gold Street Centralia, WA 98531 Customer Service Mailing Address Security State Bank P.O. Box 1050 Centralia, WA 98531

At a Glance

Monthly Fee$2.50
Investment ThresholdN/A
Interest Rate (Cash)Not published
Debit CardNot included
FDIC InsuredYes

Pros & Cons

The Good

  • No account opening or closing fees
  • FDIC/NCUA insured deposits

The Bad

  • Monthly fee of $2.50
  • 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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