About
We have rich history dating back to our founding in 1875, but more importantly, we have a bright future providing banking services to help individuals and businesses in our communities thrive. As part of our commitment to the communities we serve, we provide monetary support and thousands of volunteer hours each year to many worthwhile organizations.
HSA Program Features
- FDIC or NCUA Insured:
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- Min Balance to Open:
- $0.00
- Features:
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- Debit Card
- Checks
- Investment Options
HSA Interest Rates
| $0.00 - $5,000.00 | 0.05% APY |
|---|---|
| $5,000.01 - $10,000.00 | 0.10% APY |
| $10,000.01 - $15,000.00 | 0.15% APY |
| $15,000.01 - $25,000.00 | 0.20% APY |
| $25,000.01+ | 0.25% APY |
Fees
| Monthly Maintenance Fee | Unknown |
|---|---|
| Account Opening Fee | Unknown |
| Account Closing Fee | Unknown |
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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CDs Details
We offer Certificate of Deposit* (CD) accounts for regular savings, retirement accounts (IRAs), and Health Savings Accounts (HSAs):- Start saving today with a minimum deposit of $500.
- Flexible terms starting from just three months.
Contact Information
General Information
| Website | Merchants Bank's HSA Website open_in_new |
|---|---|
| Address | 102 East Third Street Winona, MN 55987 |
Customer Service
| Phone Number | 800-944-6285 |
|---|---|
| Email Address | [email protected] |