State Bank of Richmond


Our mission is to provide high value products and financial services, and to promote economic growth and stability in our community. It is our desire to remain an independent bank offering personal service to our customers, attractive compensation for our employees and increased value to our stockholders. The State Bank of Richmond now offers Health Savings Accounts to eligible individuals that carry a high deductible health plan, or to an Employer for their employees.


User Ratings
GD Star Rating

HSA Program Features

FDIC or NCUA Insured:
Min Balance to Open:
  • Checks

HSA Interest Rates

Interest rates for various balance tiers
$.01 - $999.99 0.15%
$1,000.00 - $9,999.99 0.20%
$10,000.00 - $24,999.99 0.25%
$25,000.00 - $49,999.99 0.30%
$50,000.00 - $74,999.99 0.40%
$75,000.00 + 0.50%
Last checked on: 12-17-2015


Monthly Maintenance Fee $1.67*
Account Opening Fee $0.00
Account Closing Fee Unknown

* Paid annually

HSA Investment Options

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

Contact Information

General Information

Address 22 Central Ave S.
Richmond, MN 56368

Customer Service

Mailing Address State Bank of Richmond
22 Central Ave S.
P.O. Box 519
Richmond, MN 56368

Phone Number 320-597-2145
Email Address [email protected]

State Bank of Richmond Discussion