Here are HSA Living's top recommendations
When it comes to offering well-rounded HSA financial solutions, HSA Living conducts extensive research to find the absolute best institutions in the country. Our top three recommended financial institutions are shown below along with a "quicklist" of all the others we recommend for easy reference.
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HSA Bank
Offers one of the broadest ranges of investment options.
- Interest rates between 0.99% - 4.64 % depending on account balance
- Opening fee of $18, and monthly fee of $2.25
- Full range of online services on one of the best education oriented websites
- Savings Account FDIC insured up to $100,000
- Access to stocks, bonds, and over 11,000 mutual funds
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US Bank
Provides one of the most extensive and resourceful websites.
- Interest rates vary by region and account balance
- Absolutely no set-up or monthly fees, simply a $20 annual fee
- Full range of online services, with lots of information in an easy-to-navigate website
- Savings Account FDIC insured up to $100,000
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Sterling HSA
Has unique account options, based on the type of investor you are.
- Interest rates between 1% - 4.75% depending on account balance
- Two full-service accounts require a one-time account set-up fee of $35.00; one has a monthly fee of $8.75 and the other has transaction fees
- The online-only plan has a average set-up fee of $15.00 and monthly fee of $2.50
- Full range of online services on one of the best education oriented websites
- Savings Account FDIC insured up to $100,000
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Financial Institution |
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Setup Fee |
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Monthly Maintenance Fee |
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Interest Rates |
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Online Service |
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Investment Options |
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The Bancorp Bank |
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$0 |
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$0 for 3 months, then $3 until balance over $3,000 |
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2-5% |
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Full range of online services, with lots of information in easy to navigate website. |
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Mutual Funds Stocks Bonds |
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First HSA, Inc. |
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$15 |
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$3 |
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1.4-4.5% |
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Online account access |
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Mutual Funds |
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HSA Bank |
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$25 handwritten application/$18 online |
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2.25 (waived on balances of $3,000+) |
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1-4.75% |
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Full range of online services, with lots of information in easy to navigate website. |
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Mutual Funds Stocks Bonds |
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HSA Resources |
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$25 |
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$25 annual fee |
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0.1-4.25% |
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Full range of online services, with lots of information in easy to navigate website. |
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Mutual Funds Stocks |
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Patelco Credit Union |
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$0 |
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$1, waived for first year |
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up to 5.12% |
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Limited Online Services |
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Savings Account |
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State Farm Bank |
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$0 |
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$3 excessive transation fee |
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2.5-4% |
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Limited Online Services |
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Savings Account |
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Sterling HSA |
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$15-35 |
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$2 |
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1-4.75% |
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Full range of online services, easy to navigate website, education oriented. |
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Savings Account |
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Technology Credit Union |
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No fee; $5 min opening balance |
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$0 |
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1.65%-5.5% APY |
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Free Online Banking account management. |
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Savings Account |
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US Bank |
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$0 |
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$20 annual |
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varies |
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Full range of online services, with lots of information in easy to navigate website. |
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Savings Account |
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Wells Fargo |
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$0 |
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competitive |
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1-3.9% |
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Full range of online services |
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Mutual Funds |
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