About
Blackhawk Bank is a nation-wide provider of Health Savings Accounts, and has earned national recognition for expertise in this field.
We understand the challenges and benefits of implementing Qualified High Deductible Health Plans. We ‘walk the walk’ by using a High Deductible Health Plan coupled with HSAs for our own employees.
What does that mean for you? Whether you’re a business owner providing benefits for your employees, or an employed health-care consumer, we understand how desperate you are for cost effective solutions. Education is the key, and we provide it.
We understand the challenges and benefits of implementing Qualified High Deductible Health Plans. We ‘walk the walk’ by using a High Deductible Health Plan coupled with HSAs for our own employees.
What does that mean for you? Whether you’re a business owner providing benefits for your employees, or an employed health-care consumer, we understand how desperate you are for cost effective solutions. Education is the key, and we provide it.
HSA Program Features
- FDIC or NCUA Insured:
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- Min Balance to Open:
- $0.00
- Features:
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- Debit Card
- Online Banking
- Investment Options
HSA Interest Rates
Interest rates are unknown at this time
Fees
| Monthly Maintenance Fee | $2.50* |
|---|---|
| Account Opening Fee | None |
| Account Closing Fee | $5.00 |
* A monthly maintenance fee of $2.50 will be imposed every statement cycle if the balance in your HSA Checking Account falls below $500.00 any day of the statement cycle.
HSA Investment Options
Mutual Fund Platform:
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Self-Directed Brokerage:
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CDs:
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Other:
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Mutual Fund Details
Investment Threshold: $5,000
Investment Fee: 0.50% Annual Fee charged by myHSAinvestments
Investment Fee: 0.50% Annual Fee charged by myHSAinvestments
Investments powered by myHSAinvestments
Other Investment Option Details
In addition to the mutual fund investment option, Blackhawk Bank offers the chance to add value to your high-balance HSA with the increased earning power of a Money Market Account. Interest rates and annual percentage yields for the Money Market HSA are variable and may change any time at the bank's discretion. Rates may change before or after the account is opened. Call 800-209-2616 for current interest rate and annual percentage yield information. The minimum balance to open a Money Market HSA is $5,000.00. There is no monthly maintenance fee if you maintain a minimum daily balance of $5,000. A monthly maintenance fee of $15.00 will be imposed every statement cycle if the balance in the account falls below $5,000 any day of the cycle. Interest is compounded and credited to your account every month.Contact Information
General Information
| Website | Blackhawk Bank's HSA Website open_in_new |
|---|---|
| Address | Blackhawk Bank 400 Broad Street Beloit, WI 53511 |
Customer Service
| Mailing Address | Blackhawk Bank PO Box 719 Beloit, WI 53512-9950 |
|---|---|
| Phone Number | 800.209.2616 |
| Email Address | [email protected] |