Health Savings Account (HSA)
This tax exempt account is established exclusively for the purpose of paying qualified medical expenses for you and your family. If you have a qualified high deductible health insurance plan (HDHP), the HSA is right for you. Contributions can be made at any time by you, your employer, or anyone on your behalf. These funds can be accessed like a regular checking account at any time with checks or an HSA debit card.
- Interest Bearing Account
- Variable Interest Rate
- No Minimum Balance
- Debit Card Available
- $3,350 individual contribution limit for 2016
- $6,750 family contribution limit for 2016
- Individuals 55 and older can contribute an additional $1,000
- Variable interest rate
- Only $2.00 per month
- $100 deposit or Direct Deposit required to open
- Monthly fees could reduce earnings on this account
to learn more about HSA's. View our Current Rates
The USA PATRIOT Act has paved the way for financial institutions to help prevent fraud, identity theft, and the spread of terrorism. It requires financial institutions to obtain more information from an individual or legal entity to help establish identity.
Your cooperation is needed when you open a new account or request a loan. You may be asked more questions to establish and confirm your identity. It may also be required for you to provide one or more forms of identification.