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Health Savings Accounts
Health Savings Accounts - The tax-exempt way to cut medical costs
A Health Savings Account is a tax-exempt account specifically to pay for medical costs not covered in a high-deductible health plan.
Our HSA provides the following checking account option:
HSA Flex Checking
- No monthly service charge
- No minimum balance required
- Unlimited check writing
- No dividends
- Once per calendar year, (1) box of standard (tan) checks at no charge
Speak to a representative for complete details on both of these great products.
If your health-plan deductible is at least $1,300 for single coverage or $2,600 for families, you may be eligible. We have no "use it or lose it" requirements, and funds accumulate each year.
Even better, contributions can be tax-deductible up to $3,400 for singles and $6,750 for families. (Over 55 years old: $4,400 single and $7,750 family.)
Check with your health plan administrators to determine their eligibility, then call our Deposit Services Specialist, at 800.242.2120 (ext. 10542) or visit any branch for details.