First American Bank


If you're looking for a bank with the expertise and range of financial offerings you want, plus the personal attention and service you deserve, then First American is the bank for you. Our size and management philosophy make it possible for us to give you the best of both worlds: big bank financial services combined with the personal attention only a local community bank can provide.

First American is an Illinois-chartered, privately held, full-service bank with 53 locations in Illinois, Florida and Wisconsin, and $4 billion in assets. We have the strength and stability that comes from a consistent, diversified earnings stream, strong internal equity generation, sound asset quality, and a liquid and conservative balance sheet.

User Ratings

GD Star Rating

HSA Program Features

FDIC or NCUA Insured:
Min Balance to Open:
  • Debit Card
  • Checks
  • Online Banking
  • Investment Options

HSA Interest Rates

Interest rates for various balance tiers
Standard HSA
$0.01-$999.990.05% APY
$1,000-$4,999.990.10% APY
$5,000-$49,999.990.15% APY
$50,000-$99,999.990.20% APY
$100,000-$999,999.990.25% APY
HSA Plus
$0.01-$999.990.10% APY
$1,000-$4,999.990.15% APY
$5,000-$49,999.990.20% APY
$50,000-$99,999.990.50% APY
$100,000-$999,999.990.75% APY
Last checked on: 08-28-2019


Monthly Maintenance Fee$0.00
Account Opening FeeUnknown
Account Closing Fee$25*

* If closed within the first 6 months

HSA Investment Options

Mutual Fund Platform: check_box   Self-Directed Brokerage: close   CDs: close   Other: close

Mutual Fund Details

Investment Threshold: $2,000
Investment Fee: $4.95 / Month
Invest a portion of your HSA in a selected group of mutual funds.

Contact Information

General Information


Customer Service

Mailing AddressFirst American Bank
P.O. Box 0794
Elk Grove Village, IL 60009
Phone Number866-449-1150
Email Address[email protected]