Health Savings Account

A Health Savings Account (HSA) is a smart way to save, manage, and pay for current and future healthcare costs.

With an HSA you can set aside funds to pay for future eligible medical expenses from health insurance deductibles and co-payments to over-the-counter medications and out-of-pocket expenses. Balances remain available from year to year, allowing you to budget for health expenses and build up savings to cover qualified medical expenses when you need the funds.

Your HSA will be paired with a High Deductible Health Plan (HDHP), available through our insurance specialists and other insurance professionals. The HDHP will have a lower monthly premium than most traditional health plans, and savings may be significant when combined with your tax-advantaged HSA contributions.

We are also happy to assist you with transferring an existing HSA. Contact us today to take advantage of our expertise and excellent service.

The benefits of having an HSA include:

  • pay medical expenses with pre-tax dollars
  • unused account funds accumulate tax-deferred for future healthcare expenses
  • account funds transfer with you if your employment changes
  • flexible access to funds using your Check Card, checks, telephone, and online banking
  • monthly statement details account activity for tax records, including employee and employer contributions
  • FDIC insured up to $250,000

Our HSA is an interest-bearing checking account with interest payouts at all tier levels:

  • $0 - $2,499
  • $2,500 - $9,999
  • $10,000 - over

What do you need to open a checking account?