Account Benefits:

  • No Set-up Charge
  • No activity fees
  • Free Visa® Debit Card
  • Online Banking & Mobile Banking
  • Check writing privileges

A Health Savings Account is a unique, tax advantaged account that can be used to pay for current or future healthcare expenses.

When combined with a high-deductible health plan, it offers savings and tax advantages that a traditional health plan can’t duplicate.

HSA Eligibility

  • Not enrolled in Medicare
  • Not claimed as a dependent on another’s tax return
  • Don’t have additional health coverage that isn’t a qualified HDHP
  • Are covered by an HSA-eligible HDHP

Advantages of a Health Savings Account

  • Funds contributed to the account may be tax-deductible*
  • Interest on your account accumulates tax-free*
  • Withdrawals for qualified medical expenses, as defined by the IRS are tax-free*
  • Unused funds and interest are carried over from year to year
  • The account is yours to keep, even when you change plans or retire

*Certain limitations and conditions apply. Please consult your tax advisor.

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