Health Savings Account

Health Savings Account (HSA)

Save for future family medical expenses not covered by your high deductible health insurance with a tax-exempt health savings account. Your interest is tax free, and you can easily access your balance to pay for approved medical expenses.

Summary

  • Save for future medical expenses
  • Earn competitive interest rate
  • Contributions are tax deductible
  • Earnings are tax exempt
  • Use for approved medical expenses
  • Access funds online, via checks, or check card
  • No maintenance fee or minimum balance
  • Transferrable to next job
  • No “use it or lose it” rule
  • Free e-Statements
  • High deductible health plan (HDHP) required*
  • FDIC insured

*To qualify for this account, you must have a high deductible health plan, cannot be enrolled in Medicare, and can’t be claimed as a dependent on a tax return.