Wayne Savings Community Bank
Quick Summary
- HSA savings account
The Verdict
Wayne Savings Community Bank provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
Age is more than a number. With over a hundred years serving the financial needs of our communities, our age represents stability, growth, security, and the kind of financial guidance grounded in experience and expertise.
Main Street Bank was founded in Wooster in 1899 and we’ve been helping our neighbors grow ever since. From one branch office on the public square over one hundred years ago to nineteen locations throughout Ohio and West Virginia, we guess you could say that we keep getting better with age.
And that’s our mission, really: to keep finding ways to be the bank you choose - over and over again, year after year.
Rooted in our tradition is the promotion of home ownership and all types of savings plans—but we’re more than mortgages and savings. Main Street Bank offers a full-service line of bank products and services to drive you towards your financial objectives, personally and for your business. Whether you need a checking account, loan, or you’re looking for guidance with long-term savings, we have a wide range of options to help you. Because we know how much convenience matters to our customers, we offer a wide range of online and mobile banking tools to make banking easier! And we’re always here to chat at any of our convenient branch locations.
Key Features
Banking & Access
Includes debit card.
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 | $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
Wayne Savings Community 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 |
|---|---|
| $100 - $2,499 | 0.05% |
| $2,500 - $4,999 | 0.05% |
| $5,000 - $9,999 | 0.20% |
| $10,000+ | 0.20% |
Last updated: 06-27-2024
Contact Information
Address
151 North Market Street Wooster, Ohio 44691 Customer Service
Customer Service
800-414-1103
151 North Market Street Wooster, Ohio 44691 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
User Sentiment
Based on community feedback
Sentiment data coming soon
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