Modern Woodmen Bank


Modern Woodmen Bank is primarily a direct bank, one of only approximately 50 direct banks in the United States. Of the nearly 2,500 life and property/casualty insurers in the United States, less than 40 have some type of banking charter. By direct bank, it defines itself as principally conducting business via the Internet, mail, telephone and other electronic means. It has one traditional banking location in the Illinois Quad Cities.

Modern Woodmen Bank is located in Rock Island, Ill., the home of Modern Woodmen of America. It employs some of the latest banking technology to position itself as a great banking choice today and into the future. With this technology, Modern Woodmen Bank can meet its members'/customers' banking needs without geographic limitations. And without the overhead associated with operating multiple branch locations, Modern Woodmen Bank can offer its customers outstanding products and services.


User Ratings
GD Star Rating

HSA Program Features

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

HSA Interest Rates

Interest rates for various balance tiers
All Balances 0.30%
Last checked on: 03-08-2017


Monthly Maintenance Fee $0.00
Account Opening Fee Unknown
Account Closing Fee Unknown

HSA Investment Options

Mutual Funds:    Self-Directed Brokerage:    CDs:    Other:

Contact Information

General Information

Address 100 17th Street
Suite 101
Rock Island, IL 61201

Customer Service

Mailing Address Modern Woodmen Bank
1701 1st Avenue
Rock Island, IL 61201
Phone Number 1-877-255-BANK (877-255-2265)

Modern Woodmen Bank Discussion