Health Savings Account

Health Savings Account

Save for future medical expenses and take advantage of our tiered rates.

Health Savings Benefits

  • Available if you have a high-deductible health insurance plan
  • Larger balances earn higher rates
  • Interest paid monthly on balances over $1,000

Additional Benefits

  • FREE Online Banking
  • FREE MasterCard Debit Card
  • FREE Bill Pay
  • FREE e-statements
  • Minimum opening balance
  • Monthly maintenance fee
  • Detailed monthly statement
  • Unlimited withdrawals for qualifying medical expenses
  • Contributions may be made up to maximum amount annually
  • Ability to make "catch-up" contributions of the maximum amount for individuals age 55-65
  • Withdrawals for non-medical purposes are subject to tax (unless 65 yrs old or disabled)
  • FDIC Insurance
A Health Savings Account (HSA) is a type of personal savings account for those with qualified high-deductible health insurance plans (HDHP).
Your HSA can help cover out-of-pocket medical expenses like doctor visits, dental or vision needs, and prescription medications. In HSAs, the money contributed into the account is tax-deductible, grows tax-free, and certain withdrawals are tax-free if they are qualified medical expenses.