HSA

Health Savings Accounts

Save for future medical expenses by putting money into this account.

  • No minimum balance required
  • Account can be accessed by check, Online Banking, Mobile Banking and TeleBanc
  • Free monthly statement
  • Funds can be used to pay for current medical expenses, including expenses that your insurance may not cover, or save the money for future needs.
  • Funds remain in the account from year-to-year, just like an IRA
  • Provides triple tax savings:
    1. Tax deductions when you contribute to your account
    2. Tax-free earning through investment
    3. Tax-free withdrawals for qualified medical expenses
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