Southwest Missouri Bank
Quick Summary
- HSA savings account
The Verdict
Southwest Missouri Bank provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
Founded in 1979, we are proud to be the largest locally owned community bank in southwest Missouri. It all began in Carthage, Missouri, when Garry Denney, along with seven other people, decided to start a new bank. The first Carthage branch opened in June 1979 with one million dollars in assets. Over the years we've expanded into Joplin, Neosho, Jasper, and Oronogo.
We now have 11 full-service branches, a Home Loan Center, and more than 40 ATMs to serve our customers. But most important, we have friendly people who are committed to helping you reach your financial dreams. Whether you want to come into one of our branches and speak to a banking expert, or prefer to do your banking on your phone or computer, we have the services and products to help you.
Key Features
Banking & Access
Includes debit card and 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
Requires $50 minimum balance. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance | $0.00 | $0.69 | EXCELLENT |
| 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
Southwest Missouri Bank currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $50+ | 0.10% |
Last updated: 08-21-2024
Contact Information
Address
PO Box 814 Carthage, MO 64836
Customer Service
(800) 943-8488
PO Box 814 Carthage, MO 64836
At a Glance
Pros & Cons
The Good
- •No monthly maintenance fees
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •No investment options available
User Sentiment
Based on community feedback
Sentiment data coming soon
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