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Trustmark National Bank

Best ForHSA Account Holders
Fees$4.00/mo

Quick Summary

  • HSA savings account

The Verdict

Trustmark National 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.

Trustmark’s history of meeting its customers’ financial needs extends back to 1889. Through the years, Trustmark has broadened its customer base by expanding the markets it serves as well as the products and services it provides. After building a statewide banking system in Mississippi, Trustmark entered the insurance industry in 1999. In 2001, Trustmark expanded into the Tennessee market and then entered the Florida and Texas markets in 2003 and 2004, respectively. In 2013, Trustmark expanded its footprint to include the Alabama market. Trustmark Corporation, with approximately $13.5 billion in assets, is a diversified financial services company. We provide banking, wealth management, and risk management solutions through our subsidiaries including Trustmark National Bank, Trustmark Investment Advisors, Inc., and Fisher Brown Bottrell Insurance, Inc. With locations in Alabama, Florida, Mississippi, Tennessee, and Texas, we have approximately 3,000 associates working to achieve outstanding customer satisfaction by understanding our customers’ businesses and needs and providing appropriate financial solutions.

We believe building strong customer relationships is the result of knowing our customers. We realize the inherent trust you place in your financial institution, and we look forward to the opportunity to prove to you the value behind our name. Trustmark is "People you Trust. Advice that Works."

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 $100 minimum balance. $20.00 opening fee.

Fee Analysis

Fee TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance*$4.00$0.69ABOVE AVG
Account Opening$20.00$1.88ABOVE AVG
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

Trustmark National 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

248 East Capitol Street Jackson, Mississippi 39201 Customer Service Mailing Address Trustmark P.O. Box 291 Jackson, Mississippi 39205

Customer Service

800-243-2524

248 East Capitol Street Jackson, Mississippi 39201 Customer Service Mailing Address Trustmark P.O. Box 291 Jackson, Mississippi 39205

At a Glance

Monthly Fee$4.00
Investment ThresholdN/A
Interest Rate (Cash)Not published
Debit CardIncluded
FDIC InsuredYes

Pros & Cons

The Good

  • FDIC/NCUA insured deposits

The Bad

  • Monthly fee of $4.00
  • No investment options available
  • Interest rates not published

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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