Uwharrie Bank
Quick Summary
- HSA savings account
The Verdict
Uwharrie Bank provides essential HSA features with a monthly fee of $2.25 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
Uwharrie Bank exists for the same reasons that any bank exists. We’re here to protect the assets of our customers, to help people and businesses secure financing and to support our shareholders.
But our story is about so much more than just money. We’re more than a collection of services and accounts. We’re people. We’re conversations. We’re ears to listen and hearts full of helpful advice. We believe that by doing our jobs just a little bit better, we can make a big difference in your everyday life.
We’re guided by a clear vision of what we believe a bank should be. We’re carrying out our mission despite the fact that it’s not as easy as taking shortcuts. So we at Uwharrie Bank are making a difference by putting community ahead of profit, inspiring change to make the world around us better.
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 $100 minimum balance. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance* | $2.25 | $0.69 | ABOVE AVG |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $0.00 | $1.95 | EXCELLENT |
* Account Opening Fee
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Savings-Only Account
Uwharrie 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 |
|---|---|
| $0 - $500 | 0.05% |
| $500 - $2,500 | 0.05% |
| $2,500 - $5,000 | 0.05% |
| $5,000 - $15,000 | 0.10% |
| $15,000+ | 0.10% |
Last updated: 07-29-2024
Contact Information
Address
167 North 2nd Street Albemarle, NC 28001 Customer Service Mailing Address Uwharrie Bank PO Box 338 Albemarle, NC 28002
Customer Service
800-438-6864
167 North 2nd Street Albemarle, NC 28001 Customer Service Mailing Address Uwharrie Bank PO Box 338 Albemarle, NC 28002
At a Glance
Pros & Cons
The Good
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $2.25
- •No investment options available
User Sentiment
Based on community feedback
Sentiment data coming soon
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