State Bank Financial
Quick Summary
- HSA savings account
The Verdict
State Bank Financial provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
Operating as Western Wisconsin's oldest community bank, State Bank Financial has continued to help communities and businesses open, expand and thrive.
Over the years, State Bank Financial has grown in both assets and branch locations. The bank was originally formed by two young business men, E.N. Borresen and J.M. Holley, and opened at 227 Main Street. Over the years of operation, State Bank Financial has led with a number of banking services. Including, the area's first branch location in the town of Shelby (1972), the first walk-up window on Main Street (1974), and the "state of the art" Auto Bank (1978).
As a community bank, State Bank Financial has been heavily involved in community service and support. Our commitment to continue to serve the community through local ownership remains the same as it was back in the 1800's…to help communities, individuals, and businesses open, expand, and thrive.
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 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
State Bank Financial 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
401 Main Street La Crosse, WI 54601 Customer Service
Customer Service
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
- •No online banking
- •No debit card included
User Sentiment
Based on community feedback
Sentiment data coming soon
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