HSA banking partners

Use this chart to compare Priority Health's HSA banking partners and find services that best fit your organization. Follow the links for more specific information about each bank.

Some things to note:

• All of these banks accept employer and member payroll contributions through automated clearing house (ACH) or check and list transactions. Some banks have other options, too.
• Many of these banks offer long-term investment options for HSA accounts.
• Contact each bank for details about contribution administration and investment options.

Contact your Priority Health employer representative with questions about HSAs and our banking partners.

HSA Banking Options*
Banking partners	New account enrollment	Free debit/ check card	Check printing	Start-up fee	Minimum deposit	Monthly fee	Interest rate
ACS/Mellon National (no retail locations)	Online only	1 free; $10 for ea. add'l	First 10 free	$15.00 (employer paid)	None	$3.50 if bal. <$1,000 or employer can pay $2.00 for any bal.	.5%
Fifth Third Bank Midwest U.S. & Florida	Online or paper	2 free; $10 for ea. add'l	$15.99 for 50	Free (online enrollment); $15.00 (paper enrollment)	None	None for Priority Health groups	Tiered: .25%-1.25%
Founders Bank & Trust West Michigan	At employer or branch location	Yes	Free	No	None	$2.00 (waived if you receive electronic statements)	Tiered: .75%-3.5%
Lake Michigan Credit Union West Michigan	Online, at employer location or at branch location	1 w/account; more free upon request	40 free	No	None	None	Tiered: 2.25%-2.85%
Macatawa Bank West Michigan	Online & at employer location	1 w/account; more free upon request	$12.00 for 50	No	None	$2.00 if bal. <$1,000 (waived if employer has relationship w/bank)	Tiered: .1%-.5%
Mercantile Bank of Michigan West, central, east Michigan	Online & at employer location	1 w/account; more free upon request	$7.40 for 25	No	None	$2.00 (waived 1st year & add'l years w/min. bal.)	Tiered: 1%-2.5%
National City Bank Midwest U.S. & Florida	Online, at employer location or at bank branch	1 w/account; more free upon request	First 50 free	No	None	$3.00 (waived if in WorkPerks program)	Tiered: 2.55-3.25%
Northwestern Bank Northwest Michigan	At employer or branch location	1 w/account; more free upon request	$11.10 for 25	No	$150 (waived for payroll deposit)	None	Tiered
United Bank of Michigan West Michigan	At employer location only	1 w/account; more free upon request	$11.34 for 200	No	None	$2.00 if bal. <$200	Tiered: 2%-4%
Select Bank Grand Rapids	At employer location only	1 w/account; more free upon request	Free	No	$200 (within 60 days)	Only if bal. <$200	2.5% for bal. <$5,000; 3.5% for bal. >$5,000

 
*Information about HSA banking options is subject to change. Contact each bank directly to verify HSA account features and requirements.