Author Topic: ELFcu new fee on HSA account???  (Read 1763 times)

Mt Tahoe

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ELFcu new fee on HSA account???
« on: May 30, 2014, 12:46:33 PM »
I just switched banks to ELF Credit Union because they had better interest and a fee free HSA account that I could invest with vangard/TD Ameritrade funds or other. I JUST got a letter from them saying that they are charging as of July a 3$/month fee if you have less than $2500 in the account. I am kind of peeved, to say the least. Anyone else get this?

TheDude

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Re: ELFcu new fee on HSA account???
« Reply #1 on: May 30, 2014, 08:07:49 PM »
Yeah on top of the new $24 wire fee its a real bummer. Im still sticking with them. IMHO its still the best deal out there. I only transfer in once a year so the wire fee isnt so bad. Plus at least they pay 1% on the $2500.

jpdcpajd

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  • Location: St. Louis
Re: ELFcu new fee on HSA account???
« Reply #2 on: May 31, 2014, 12:49:26 PM »
Yeah I got that letter now I am contemplating whether it makes sense just to pay the fee $36 per yr to get return on 2500 of say 6% of $150

Mt Tahoe

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Re: ELFcu new fee on HSA account???
« Reply #3 on: June 02, 2014, 08:22:03 PM »
I called them up  and they are not waving and don't care. I had not heard of the new $24 wire fee. Is that to transfer out or in? Icing on the cake.

It is not very honest of them since the rates posted online still reflect to old rates.