Health Savings Account (HSA)
Save tax-free for current and future qualified medical expenses.
An HSA is only available if you participate in a high deductible health plan.
- Minimum opening deposit is only $50.
- HSA set-up fee is only $20; no annual fee.
- Only $6 monthly service charge if minimum balance falls below $500.
- First order of HSA specialty checks is FREE.
- FREE HSA Visa® Check Card.
- FREE Online Banking and Bill Pay.
- Higher interest rates with balances of $2,500 or more.
- Interest paid monthly.
- Distributions made from your account to pay or reimburse qualified medical expenses are tax-free.
- Your investment income grows tax-free.
- A 6-month HSA Certificate of Desposit is also available. See a personal banker for details.
