HSA Program Features
- FDIC or NCUA Insured:
- check
- Min Balance to Open:
- $0.00
- Features:
-
- Debit Card
- Checks
- Online Banking
- Investment Options
HSA Interest Rates
| $0.00+ | 0.01% APY |
|---|
Fees
| Monthly Maintenance Fee | $0.00 |
|---|---|
| Account Opening Fee | $0.00 |
| Account Closing Fee | Unknown |
Fees may not be current, please check the provider's website for the latest fee information.
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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Mutual Fund Details
Investment Threshold: $2,500
Investment Fee: 0.25% annual fee, charged monthly, based on the market value of your invested funds ($2.50 annually for each $1,000 invested) and a $10.00 per quarter fee ($40 annual fee).
Investment Fee: 0.25% annual fee, charged monthly, based on the market value of your invested funds ($2.50 annually for each $1,000 invested) and a $10.00 per quarter fee ($40 annual fee).
Investment Sweep Function:
1. Your HSA contributions will continue to be deposited directly into your HSA Checking Account. Your HSA will be linked via an HSA Investment Sweep to your selected investment fund(s).
2. When the available balance in your HSA Checking Account exceeds $2,500, excess funds will automatically be swept in increments of $100 each Business Day to the investment funds(s) you have selected.
3. When the available balance in your HSA Checking Account falls below $2,500, any available funds will automatically be swept in increments of $100 each Business Day from your investment fund(s) to your HSA. Should proceeds be required from your HSA Investment Sweep, your investment funds(s) will be liquidated on a pro-rata basis
1. Your HSA contributions will continue to be deposited directly into your HSA Checking Account. Your HSA will be linked via an HSA Investment Sweep to your selected investment fund(s).
2. When the available balance in your HSA Checking Account exceeds $2,500, excess funds will automatically be swept in increments of $100 each Business Day to the investment funds(s) you have selected.
3. When the available balance in your HSA Checking Account falls below $2,500, any available funds will automatically be swept in increments of $100 each Business Day from your investment fund(s) to your HSA. Should proceeds be required from your HSA Investment Sweep, your investment funds(s) will be liquidated on a pro-rata basis
Contact Information
General Information
| Website | Macatawa Bank's HSA Website open_in_new |
|---|---|
| Address | 10753 Macatawa Drive Holland, MI 49424 |
Customer Service
| Mailing Address | Macatawa Bank PO Box 3119 Holland, MI 49422-3119 |
|---|---|
| Phone Number | 877-820-2265 |
| Email Address | [email protected] |