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.
- 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.