Highest Health Savings Account (HSA) Rates in Minnesota
31 Minnesota-specific products

By Aviel Fahl

Newest reading: October 14, 2026

Top Minnesota Rate:2.02% APYFDIC or NCUA Insured

The Minnesota market

Minnesota accounts

Institutions

Top Minnesota APY

2.02% APY

Nationally: 1.01% APY

FDIC national average

0.37%

As of Sep 2026

31 health savings accounts (HSAs) are open only to Minnesota residents, from 29 institutions. The highest advertised APY among them is 2.02%.

The highest nationally available rate is 1.01% APY, 101 basis points below the Minnesota leader.

17 of the 31 Minnesota health savings accounts (HSAs) advertise more than the FDIC national average of 0.37% for savings accounts as of Sep 2026.

Minnesota-Specific Health Savings (HSA) Accounts

Health Savings (HSA) accounts specifically available to Minnesota residents.

#	Institution & Rate	Earned in a year at $10,000	Requirements & Features	Minimum Deposit
#1	The Bank of Elk River Health Savings Account Up to2.02%APY Needs at least $10,000 Observed: Oct 7, 2026 Show Details	+$202per year	We could not confirm: minimum deposit. Deposit Insurance FDIC Insured Features No MinimumsIn-Person Access	N/A
#2	North American Banking Company Health Savings Up to2.00%APY Needs at least $10,000 Observed: Oct 7, 2026 Show Details	+$200per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$100
#3	Foresight Bank HSA eAccount Up to1.76%APY Needs at least $25,000 Min. balance: $1,000 Observed: Oct 7, 2026 Show Details	+$166per year	We could not confirm: minimum deposit. Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	N/A
#4	Peoples State Bank of Plainview HSA Savings $20,000+ 1.66%APY Observed: Oct 3, 2026 Show Details	+$166per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$25
#5	Foresight Bank Health Savings Up to1.71%APY Needs at least $25,000 Min. balance: $1,000 Observed: Oct 7, 2026 Show Details	+$161per year	We could not confirm: minimum deposit. Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	N/A
#6	The First National Bank of Bemidji Health Savings Account Up to1.66%APY Needs at least $50,000 Observed: Oct 7, 2026 Show Details	+$151per yearEffective: 1.51%	We could not confirm: minimum deposit. Deposit Insurance FDIC Insured Features No MinimumsIn-Person Access	N/A
#7	Harvest Bank Health Savings Account Up to1.80%APY Needs at least $20,000 No min. balance for APY Observed: Oct 7, 2026 Show Details	+$140per yearEffective: 1.40%	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$100
#8	Peoples State Bank of Plainview HSA Savings 1.31%APY Observed: Oct 3, 2026 Show Details	+$131per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$25
#9	First State Bank of Bigfork Health Savings Account Up to1.26%APY Needs at least $5,000 Observed: Oct 14, 2026 Show Details	+$126per year	Deposit Insurance FDIC Insured Features No MinimumsIn-Person Access	$0
#10	Community Bank Mankato Health Savings Account 1.00%APY Observed: Oct 7, 2026 Show Details	+$100per year	Deposit Insurance FDIC Insured Features No MinimumsIn-Person Access	$0
#11	Cornerstone State Bank CornerStone HSA/IRA Savings Up to1.51%APY Needs at least $25,000 Observed: Oct 13, 2026 Show Details	+$100per yearEffective: 1.00%	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$50
#12	Citizens Bank Minnesota Health Savings Account 0.75%APY No min. balance for APY Observed: Oct 7, 2026 Show Details	+$75per year	We could not confirm: minimum deposit. Deposit Insurance FDIC Insured Features No MinimumsIn-Person Access	N/A
#13	First State Bank and Trust Health Savings Account Up to0.60%APY Needs at least $5,000 No min. balance for APY Observed: Oct 7, 2026 Show Details	+$60per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$1
#14	North Star Bank Health Savings Account Up to0.50%APY Needs at least $10,000 No min. balance for APY Observed: Oct 7, 2026 Show Details	+$50per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$100
#15	Ultima Bank Minnesota Health Savings Account Up to0.65%APY Needs at least $50,000 No min. balance for APY Observed: Oct 13, 2026 Show Details	+$45per yearEffective: 0.45%	Deposit Insurance FDIC Insured Features No MinimumsIn-Person Access	$0
#16	Midwest Bank Midwest HSA Checking 0.40%APY No min. balance for APY Observed: Oct 13, 2026 Show Details	+$40per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$100
#17	Community Bank Owatonna Health Savings Up to0.30%APY Needs at least $10,000 No min. balance for APY Observed: Oct 7, 2026 Show Details	+$30per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$50
#18	Security Bank & Trust Company Health Savings Account Up to0.35%APY On balances of $25,000 to $9,999,999.99 · 0.02% below Observed: Oct 7, 2026 Show Details	+$30per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$50
#19	Bank Forward Health Savings Account 0.25%APY No min. balance for APY Observed: Oct 7, 2026 Show Details	+$25per year	We could not confirm: minimum deposit. Deposit Insurance FDIC Insured Features No MinimumsIn-Person Access	N/A
#20	Citizens State Bank Norwood Young America Health Savings Account Up to0.50%APY Needs at least $50,000 Min. balance: $500 Observed: Oct 7, 2026 Show Details	+$25per yearEffective: 0.25%	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$50
#21	Security Bank Minnesota Variable Rate HSA Up to0.25%APY Needs at least $5,000 Observed: Oct 7, 2026 Show Details	+$25per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$100
#22	Gateway Bank Health Savings Checking Up to0.30%APY Needs at least $50,000 No min. balance for APY Observed: Oct 7, 2026 Show Details	+$20per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$100
#23	Nicolet National Bank Health Savings Account (HSA) Up to0.20%APY Needs at least $10,000 Observed: Oct 13, 2026 Show Details	+$20per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$100
#24	New Market Bank HSA Accounts Up to0.18%APY Needs at least $10,000 Observed: Oct 7, 2026 Show Details	+$18per year	We could not confirm: minimum deposit. Deposit Insurance FDIC Insured Features No MinimumsIn-Person Access	N/A
#25	Fidelity Bank & Trust Health Savings Account 0.15%APY Observed: Oct 13, 2026 Show Details	+$15per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$50
#26	Dacotah Bank Health Savings Account Up to0.15%APY Needs at least $50,000 No min. balance for APY Observed: Oct 7, 2026 Show Details	+$5per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$100
#27	Forward Bank Health Savings Account 0.05%APY No min. balance for APY Observed: Oct 13, 2026 Show Details	+$5per year	Deposit Insurance FDIC Insured Features No MinimumsIn-Person Access	$0
#28	Minnwest Bank Health Savings Account Up to0.20%APY Needs at least $30,000 Observed: Oct 7, 2026 Show Details	+$5per yearEffective: 0.05%	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$100
#29	The State Bank of Faribault Health Savings Account 0.05%APY Min. balance: $100 Observed: Oct 7, 2026 Show Details	+$5per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$100
#30	Great Southern Bank Health Savings Account (HSA) 0.02%APY Observed: Oct 7, 2026 Show Details	+$2per year	Deposit Insurance FDIC Insured Features Low MinimumsIn-Person Access	$25
#31	Luminate Bank Luminate Health Savings Account 0.01%APY Observed: Oct 7, 2026 Show Details	+$1per year	Deposit Insurance FDIC Insured Features No MinimumsIn-Person Access	$0

The Bank of Elk River

Health Savings Account

+$202

per year

2.02% APY

Oct 7, 2026

Needs at least $10,000

APY Range: 1.36% – 2.02%

FDIC InsuredNo MinimumsIn-Person Access

What to Watch

A paper statement fee of $3 a month applies unless the holder enrolls in eStatements.

We could not confirm: minimum deposit.

Show Fine Print & Trends

Min. Deposit	N/A
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	monthly
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 1607)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteThe Bank of Elk River

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

North American Banking Company

Health Savings

+$200

per year

2.00% APY

Oct 7, 2026

Needs at least $10,000

APY Range: 0.30% – 2.00%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$100
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 34836)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days

Official SiteNorth American Banking Company

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

Foresight Bank

HSA eAccount

+$166

per year

1.76% APY

Oct 7, 2026

Needs at least $25,000

APY Range: 1.61% – 1.76%

FDIC InsuredLow MinimumsIn-Person Access

What to Watch

Electronic statements are required on this account. The bank's other health savings account allows paper statements.

We could not confirm: minimum deposit.

Show Fine Print & Trends

Min. Deposit	N/A
Min. Balance	$1,000
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 5229)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteForesight Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

Peoples State Bank of Plainview

HSA Savings $20,000+

+$166

per year

1.66% APY

Oct 3, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$25
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 1100)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

Very StableNo rate changes in last 90 days

Official SitePeoples State Bank of Plainview

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

Foresight Bank

Health Savings

+$161

per year

1.71% APY

Oct 7, 2026

Needs at least $25,000

APY Range: 1.56% – 1.71%

FDIC InsuredLow MinimumsIn-Person Access

We could not confirm: minimum deposit.

Show Fine Print & Trends

Min. Deposit	N/A
Min. Balance	$1,000
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 5229)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteForesight Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

The First National Bank of Bemidji

Health Savings Account

+$151

per year

1.66% APY

Oct 7, 2026

Needs at least $50,000

APY Range: 1.46% – 1.66%

FDIC InsuredNo MinimumsIn-Person Access

We could not confirm: minimum deposit.

Show Fine Print & Trends

Min. Deposit	N/A
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 5093)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteThe First National Bank of Bemidji

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

Harvest Bank

Health Savings Account

+$140

per year

1.80% APY

Oct 7, 2026

Needs at least $20,000

APY Range: 1.00% – 1.80%

FDIC InsuredLow MinimumsIn-Person Access

What to Watch

The account carries a one-time $10 setup fee, which is waived by an opening deposit of $2,500 or more.

Show Fine Print & Trends

Min. Deposit	$100
Min. Balance	$0
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 11415)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteHarvest Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

Peoples State Bank of Plainview

HSA Savings

+$131

per year

1.31% APY

Oct 3, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$25
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 1100)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

Very StableNo rate changes in last 90 days

Official SitePeoples State Bank of Plainview

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

First State Bank of Bigfork

Health Savings Account

+$126

per year

1.26% APY

Oct 14, 2026

Needs at least $5,000

APY Range: 0.75% – 1.26%

FDIC InsuredNo MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$0
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 10991)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days

Official SiteFirst State Bank of Bigfork

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#10

Community Bank Mankato

Health Savings Account

+$100

per year

1.00% APY

Oct 7, 2026

FDIC InsuredNo MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$0
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	monthly
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 9760)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days

Official SiteCommunity Bank Mankato

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#11

Cornerstone State Bank

CornerStone HSA/IRA Savings

+$100

per year

1.51% APY

Oct 13, 2026

Needs at least $25,000

APY Range: 1.00% – 1.51%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$50
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	quarterly
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 21525)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteCornerstone State Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#12

Citizens Bank Minnesota

Health Savings Account

+$75

per year

0.75% APY

Oct 7, 2026

FDIC InsuredNo MinimumsIn-Person Access

We could not confirm: minimum deposit.

Show Fine Print & Trends

Min. Deposit	N/A
Min. Balance	$0.01
Maintenance Fee	$0
Compound Freq	monthly
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 8200)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteCitizens Bank Minnesota

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#13

First State Bank and Trust

Health Savings Account

+$60

per year

0.60% APY

Oct 7, 2026

Needs at least $5,000

APY Range: 0.15% – 0.60%

FDIC InsuredLow MinimumsIn-Person Access

What to Watch

An annual service charge covers administration of the account. The bank states the amount in its fee schedule.

Show Fine Print & Trends

Min. Deposit	$1
Min. Balance	$0
Maintenance Fee	There is a minimal annual service charge to cover administration of your account.
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 10159)
Eligibility	Requires coverage by a high deductible health plan. Not available to a person enrolled in Medicare or claimed as a dependent on another person's tax return.
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteFirst State Bank and Trust

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#14

North Star Bank

Health Savings Account

+$50

per year

0.50% APY

Oct 7, 2026

Needs at least $10,000

APY Range: 0.30% – 0.50%

FDIC InsuredLow MinimumsIn-Person Access

What to Watch

A $25 setup fee applies at opening. The monthly charge applies only in a month when a check posts to the account, not in a month with only HSA debit or ATM card use.

Show Fine Print & Trends

Min. Deposit	$100
Min. Balance	$0
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 16733)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteNorth Star Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#15

Ultima Bank Minnesota

Health Savings Account

+$45

per year

0.65% APY

Oct 13, 2026

Needs at least $50,000

APY Range: 0.30% – 0.65%

FDIC InsuredNo MinimumsIn-Person Access

What to Watch

The bank charges no monthly maintenance fee. It charges a maintenance fee of $25 each year.

Show Fine Print & Trends

Min. Deposit	$0
Min. Balance	$0
Maintenance Fee	No monthly maintenance fee. Annual maintenance fee: $25
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 8867)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteUltima Bank Minnesota

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#16

Midwest Bank

Midwest HSA Checking

+$40

per year

0.40% APY

Oct 13, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$100
Min. Balance	$0.01
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 9737)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteMidwest Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#17

Community Bank Owatonna

Health Savings

+$30

per year

0.30% APY

Oct 7, 2026

Needs at least $10,000

APY Range: 0.20% – 0.30%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$50
Min. Balance	$0.01
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 57468)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteCommunity Bank Owatonna

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#18

Security Bank & Trust Company

Health Savings Account

+$30

per year

0.35% APY

Oct 7, 2026

On balances of $25,000 to $9,999,999.99 · 0.02% below

APY Range: 0.02% – 0.35%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$50
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 15324)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteSecurity Bank & Trust Company

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#19

Bank Forward

Health Savings Account

+$25

per year

0.25% APY

Oct 7, 2026

FDIC InsuredNo MinimumsIn-Person Access

We could not confirm: minimum deposit.

Show Fine Print & Trends

Min. Deposit	N/A
Min. Balance	$0.01
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 8941)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days

Official SiteBank Forward

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#20

Citizens State Bank Norwood Young America

Health Savings Account

+$25

per year

0.50% APY

Oct 7, 2026

Needs at least $50,000

APY Range: 0.10% – 0.50%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$50
Min. Balance	$500
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 1933)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteCitizens State Bank Norwood Young America

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#21

Security Bank Minnesota

Variable Rate HSA

+$25

per year

0.25% APY

Oct 7, 2026

Needs at least $5,000

APY Range: 0.15% – 0.25%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$100
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 10984)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

Rate Increased

+0.10%

Since 90 days ago

Official SiteSecurity Bank Minnesota

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#22

Gateway Bank

Health Savings Checking

+$20

per year

0.30% APY

Oct 7, 2026

Needs at least $50,000

APY Range: 0.10% – 0.30%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$100
Min. Balance	$0
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 57644)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteGateway Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#23

Nicolet National Bank

Health Savings Account (HSA)

+$20

per year

0.20% APY

Oct 13, 2026

Needs at least $10,000

APY Range: 0.01% – 0.20%

FDIC InsuredLow MinimumsIn-Person Access

What to Watch

A $10 set-up fee applies when the account is opened. A $5 monthly fee applies to paper statements.

Show Fine Print & Trends

Min. Deposit	$100
Min. Balance	N/A
Maintenance Fee	$5 monthly fee for paper statements.
Compound Freq	monthly
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 57038)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days

Official SiteNicolet National Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#24

New Market Bank

HSA Accounts

+$18

per year

0.18% APY

Oct 7, 2026

Needs at least $10,000

APY Range: 0.05% – 0.18%

FDIC InsuredNo MinimumsIn-Person Access

We could not confirm: minimum deposit.

Show Fine Print & Trends

Min. Deposit	N/A
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 1931)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

Official SiteNew Market Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#25

Fidelity Bank & Trust

Health Savings Account

+$15

per year

0.15% APY

Oct 13, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$50
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 14382)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteFidelity Bank & Trust

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#26

Dacotah Bank

Health Savings Account

+$5

per year

0.15% APY

Oct 7, 2026

Needs at least $50,000

APY Range: 0.05% – 0.15%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$100
Min. Balance	$0.01
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 17437)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteDacotah Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#27

Forward Bank

Health Savings Account

+$5

per year

0.05% APY

Oct 13, 2026

FDIC InsuredNo MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$0
Min. Balance	$0
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 28530)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteForward Bank

Direct Link to Product Page (Not Sponsored)

Read Bank Overview

#28

Minnwest Bank

Health Savings Account

+$5

per year

0.20% APY

Oct 7, 2026

Needs at least $30,000

APY Range: 0.05% – 0.20%

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$100
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 16958)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

No movement is shown for an “Up to” rate.

Official SiteMinnwest Bank

Direct Link to Product Page (Not Sponsored)

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#29

The State Bank of Faribault

Health Savings Account

+$5

per year

0.05% APY

Oct 7, 2026

FDIC InsuredLow MinimumsIn-Person Access

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Min. Deposit	$100
Min. Balance	$100
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 1610)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days

Official SiteThe State Bank of Faribault

Direct Link to Product Page (Not Sponsored)

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#30

Great Southern Bank

Health Savings Account (HSA)

+$2

per year

0.02% APY

Oct 7, 2026

FDIC InsuredLow MinimumsIn-Person Access

Show Fine Print & Trends

Min. Deposit	$25
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 29546)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

Rate Adjusted

-0.02%

Since 30 days ago

Official SiteGreat Southern Bank

Direct Link to Product Page (Not Sponsored)

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#31

Luminate Bank

Luminate Health Savings Account

+$1

per year

0.01% APY

Oct 7, 2026

FDIC InsuredNo MinimumsIn-Person Access

What to Watch

No monthly fee applies when the holder chooses e-Statements.

Show Fine Print & Trends

Min. Deposit	$0
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	monthly
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 16635)
Eligibility	United States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days

Official SiteLuminate Bank

Direct Link to Product Page (Not Sponsored)

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Nationally Available Health Savings (HSA) Accounts

The 2 highest-rate health savings (hsa) accounts available nationwide, including in Minnesota.

Institution	Product / Term	APY	Min. Deposit
nbkc Bank	Personal Health Saving Account	1.01%	$0
Omb Bank	Health Savings Accountneeds at least $25,000	Up to0.20%	$100

See the full national list