Washington State Bank
Quick Summary
- HSA savings account
The Verdict
Washington 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.
Founded in 1893, Washington State Bank is based in Washington, Louisiana, and is celebrating 125 years of premiere community service. We are the oldest state chartered bank in St. Landry Parish, and the second oldest state chartered bank in the State of Louisiana.
When Washington State Bank began, the small town of Washington, Louisiana was the hub of trade for the area. The steamboat traffic on Bayou Courtableau and the railroad had turned Washington into a major trading post. Fortunately, today we are located at the virtual crossroads of I-10 and I-49, and are positioned for continued prosperity.
Our branch locations are in Opelousas, Arnaudville, Lafayette, Eunice, Leonville, and Palmetto. We deeply enjoy our community partnerships in the areas we serve.
We are committed to remaining an independent, locally-owned community bank and have invested in modern and efficient systems in order to provide excellent products and services. The support of our well-trained staff assures you, the customer, that your request, no matter how small or large is handled professionally.
Key Features
Banking & Access
Includes debit card 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. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance | $2.50 | $0.69 | ABOVE AVG |
| 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
Washington 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
103 N. Main St Washington, LA 70589 Customer Service
Customer Service
337-826-3641
103 N. Main St Washington, LA 70589 Customer Service
At a Glance
Pros & Cons
The Good
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $2.50
- •No investment options available
- •No online banking
User Sentiment
Based on community feedback
Sentiment data coming soon
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