Tioga State Bank
Quick Summary
- HSA savings account
The Verdict
Tioga 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.
A Health Savings Account (HSA) is a special account established for the purpose of paying current and future medical expenses in conjunction with a High Deductible Health Plan. Individuals are eligible for a Health Savings account if they are covered by a High Deductible Health Plan (HDHP), are not covered by other health insurance, are not enrolled in Medicare, and cannot be claimed as a dependent on someone else’s tax return.
Tioga State Bank HSAs are offered as tiered, interest checking accounts with competitive interest rates, no minimum balance to open the account or earn interest, no per check charge, free access to check images via TSB Online Banking, and a free Tioga State Bank HSA Debit Card.
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
No minimum balance to open. $25.00 opening fee.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance | $2.50 | $0.69 | ABOVE AVG |
| Account Opening | $25.00 | $1.88 | ABOVE AVG |
| Account Closing | $20.00 | $1.95 | ABOVE AVG |
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Savings-Only Account
Tioga 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
1 N. Main Street Spencer, NY 14883-0386 Customer Service Mailing Address Tioga State Bank PO Box 386 Spencer, NY 14883-0386
Customer Service
888-303-4872
1 N. Main Street Spencer, NY 14883-0386 Customer Service Mailing Address Tioga State Bank PO Box 386 Spencer, NY 14883-0386
At a Glance
Pros & Cons
The Good
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $2.50
- •No investment options available
- •Interest rates not published
User Sentiment
Based on community feedback
Sentiment data coming soon
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