Health Savings Account

Health Savings Account

This unique checking account grants you a tax advantage to offset medical expenses. Funds contributed to the account are not subject to income tax and may be used to pay for qualified health care at any time without tax liability. If you withdraw money for non-medical expenses, the funds are subject to IRA rules and regulations. An HSA is the smart way to invest in your wellness.

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Summary
  • For persons with high deductible insurance plans
  • No minimum to open
  • Interest bearing
  • Interest calculated daily and paid monthly

Included

  • Debit card for easy access to funds
  • Online banking (including bill pay)
  • eStatements
  • Mobile banking

Other

  • $5 per month charge for paper statements
  • $5 per month charge for mobile deposit