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St. Mary's Bank

Best ForHSA Account Holders
Fees$4.00/mo

Quick Summary

  • HSA savings account

The Verdict

St. Mary's Bank provides essential HSA features with a monthly fee of $4.00 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

St. Mary’s Bank was established as the first credit union in the nation in Manchester, New Hampshire in 1908. At the time, French Canadian immigrants were laboring in the mills along the banks of the city’s Amoskeag River in hopes of achieving a better quality of life for themselves and their families. Monsieur Hevey, a local pastor, sought to help them, and a new way of banking founded on the idea of “people helping people” was established for the first time in America. From the start, St. Mary’s Bank was a place where everyone was welcome, and anyone could belong.

Well over a century later, the legacy of our founders lives on. Member-owned and not-for-profit, St. Mary’s Bank is an inviting and inclusive credit union that strives to creates opportunities for individuals, families, and businesses. Our members motivate and inspire us to go above and beyond in providing progressive financial products, best-in-market-service and trusted financial advice. We are where we are today not just because of our rich past, but because of our continued commitment to our members; values that led our first president to open the doors of his own home as our early headquarters. The story of St. Mary’s Bank is timeless and begins the way most great stories do, with a dream to change the world for the better.

Key Features

Banking & Access

Includes debit card, online banking 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

Requires $50 minimum balance. no account opening fees.

Fee Analysis

Fee TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance*$4.00$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

St. Mary's Bank currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.

Interest Rates

Standard Rates

Balance RangeAPY
$1,000+0.10%

Last updated: 08-22-2024

Contact Information

Address

200 McGregor Street Manchester, NH 03102 Customer Service

Customer Service

1-888-786-2791

200 McGregor Street Manchester, NH 03102 Customer Service

At a Glance

Monthly Fee$4.00
Investment ThresholdN/A
Interest Rate (Cash)~0.10%
Debit CardIncluded
FDIC InsuredYes

Pros & Cons

The Good

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

The Bad

  • Monthly fee of $4.00
  • No investment options available

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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