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DeKalb County commissioners pick Community State Bank as HSA provider
Summary
DeKalb County commissioners approved Community State Bank as the local administrator for employees' health savings accounts and authorized staff to complete setup and employee enrollment meetings.
DeKalb County commissioners on June 9 voted to select Community State Bank as the county's health savings account (HSA) administrator and authorized county staff to move forward with setup and employee outreach.
The decision follows review of proposals from several banks and administrators and discussion of past billing records with UMB, the county's previous HSA administrator. Commissioners and staff said they found no recurring administrative fee from UMB during recent vendor-history checks and that Community State Bank offered a higher interest rate, no fees and no minimums in the materials reviewed.
County staff said the treasurer’s office collected proposals and produced a comparative synopsis for the commissioners. Commissioners said Community State Bank's existing relationship with county banking operations and local customer service weighed in its favor. The commissioners approved a motion to proceed with Community State Bank and instructed staff to coordinate enrollment meetings and HR materials for employees.
Staff described planned enrollment sessions over several dates and times (including dedicated sessions for the highway department) to accommodate employee schedules and said representatives would be available to help employees open accounts. The treasurer's office and auditor will finalize who will coordinate setup and communications to employees.
Discussion versus decision: commissioners discussed past vendor billing, features offered by different banks, and logistics for enrollment. The formal action was the motion to select Community State Bank and authorize staff to proceed; the motion was seconded and carried during the meeting.
Implementation details: commissioners requested that the auditor and treasurer finalize the administrative steps, HR enrollment materials and the schedule for in-person meetings in the county annex. Staff said employees would be able to access a local branch and use standard HSA features such as debit cards and vendor payments.
Background: Commissioners and staff noted the county previously used UMB for HSAs and that certain line items in older records had suggested monthly charges; staff reported the auditor's office found no administrative fee from UMB in recent records. The action taken at the meeting was limited to selecting a provider and approving staff to set up enrollments; no contract text was read into the record at the meeting.
