Health Savings Account

Our Health Savings Account is a tax-exempt custodial account established exclusively for the purpose of paying or reimbursing qualified medical expenses of you, your spouse and your dependents. To qualify, you must have a high-deductible health plan.

Benefits:
  • Easily accessible funds (VISA® Debit Card, Online Banking, Online Transfers, Check Available)
  • FDIC insured
  • Monthly statements
  • Tax advantages1
  • No monthly fee (when $500 minimum balance requirement is met)
  • Portable (like an IRA, roll money into and out of the account)

1For specific information, we encourage consulting a tax or legal professional. IRS Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans, the instructions to IRS Form 8889 and the IRS's website, www.irs.gov, may also provide helpful information.

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