If you are covered by one of our HSA compatible health plans,
then a tax-advantaged Health Savings Account may be for you. Health
Savings Accounts (HSAs) help pay for your medical
care and allow you to build up savings to pay for future medical
expenses.
Vendor
Service Fees |
The
Bancorp Bank |
HSABank |
American Chartered Bank |
Setup
Fee |
$0 |
$22 for paper / $10 for online enrollment |
$0 |
Monthly
Fee |
$2.50
(waived on bal of $2,500 or more) or for direct deposit" |
$1.75 (waived on bal of $3,000 or more) |
$0 |
Choice
of investments (Y/N) |
Y for
bal over $3000 |
Y |
Y |
Broker
Account Fee |
$0 |
$0 |
N/A |
Credit
Card Fees |
First
card free; $10 per replacement card |
First and second card free; two year renewal for each card is $3 |
No charge VISA check card |
| Lost Card
Replacement |
Free |
$6 |
$10 |
Termination
of Debit Card Access |
|
$6 |
|
Check
Transactions |
Free |
Free |
Free |
Debit
Card POS Purchase Via Signature |
Free |
Free |
Free |
Per ATM
Fee |
Free,
subject to provider fees |
$1.50 |
Free, subject to provider fees |
Per POS
using PIN |
Free |
$1.50 |
Free |
First
order of checks |
Free |
$7.95 |
$13.45 |
24/7
Customer Service |
Yes |
Yes |
M-F 8-8 Sat 8-4 Sun 10-3 |
Deposit
tickets |
Free |
With Checks |
With Checks |
Copy
of Statement |
$3 each |
Free |
$5 |
Check
Copies |
$1 per
copy |
$0 |
$0 |
Check
Images |
Available
on The Bancorp website |
Free |
$0 |
Request
Copy of 1099, 5498 or Year-end Status Report |
Free |
$2 |
$5 |
Corrected
IRS Filing Fee |
|
$10 (non-bank error) |
Bank Error - Free
Research Fee |
Insufficient
Funds |
$30 per
item |
$10 |
$27 |
Uncollected
item |
$30 per
item |
Call |
$10 per item |
Deposited
Item Returned |
$7 per
item |
$10 per item |
$10 per item |
Excess
Contribution Distribution |
$0 |
$20 |
No fee |
Account
Closure Fee |
$0 |
$25 |
No fee |
Stop
Payment |
$15 |
$16 |
$15 |
Check
Reorder |
Varies
by style and quantity |
$7.95 |
Prices vary |
Treasurer's
/ Cashier's Check |
$8 |
$4 (the manual withdrawal request) |
First 5 free, then $2.00 a piece |
IRS Levy,
Legal Requests or Subpoena |
$100 |
Free |
$100 |
Writ |
$175 |
Free |
$100 |
Wire
Transfers - Domestic Incoming |
Free |
$15 |
$8 |
Wire
Transfers - Domestic Outgoing |
$12 |
$15 |
$20 |
Wire
Transfers - International Incoming |
Free |
$15 |
$8 plus bank fees |
Wire
Transfers - International Outgoing |
$45 |
$15 |
$40 |
Research |
$25 per
hour /$10 min. |
Call |
$30 per hour |
Customer
Deposit UPS Fee for use of vendor without use of proper documentation
and/or codes |
$10 |
n/a |
n/a |
Credit
Card Funds Transfer - Incoming |
2.5%
of Transaction amount |
Not Available |
Not Available |
Electronic
Bank Transfers or ACH - Incoming |
Free |
Free |
$0 |
Electronic
Bank Transfers or ACH - Outgoing |
$1.50 per
transaction |
Free |
$0 |
Interest
rates |
0-$999 = 2.00
$1,000-$2,999 = 2.30
$3,000-$4,999 = 3.00
$5,000-$9,999 = 3.50
$10,000-$14,999 = 4.00
$15,000 and over = 5.00 |
0-$499 = 1.00
$500-$2,499 = 1.98
$2,500-$4,999 = 2.28
$5,000-$14,999 = 3.25
$15,000 and over = 4.65 |
0-$999 = 1.00
$1,000-$4,999 = 2.00
$5,000-$9,999 = 3.05
$10,000 and over = 4.45 |
Min.
Balance Requirements |
$0 |
No minimum balance |
$0 |
Other |
Free
account for first 90 days, No annual debit card fee and first
check order free, Free ACH money transfer functions |
|
Free Online Banking, including bill pay (requires separate online registration once the applicant receives their account confirmation package.) No minimum balance requirement or monthly maintenance, activity fees or closing costs. Check and/or debit card availability. Check order fee payable with application. |
| |
|
|
|
