Health Savings Account

If you have benefits through a qualified High-Deductible Health Plan (HDHP), a Health Savings Account (HSA) lets you put money aside, tax-free, for healthcare expenses. Unused funds in the HSA are carried over from year to year and continue to earn tax-free interest until you withdraw the funds.

To qualify for an HSA, you must:

• Be covered under a qualified High Deductible Health Plan (HDHP)
• Have no other health coverage besides an HDHP
• Not be enrolled in Medicare or Medicaid
• Not be eligible to be claimed as a dependent

Benefits of a Traditional Bank Health Savings Account

• No enrollment fees
• No minimum balance required
• Competitive interest rates
• Free online account access
• Unlimited Visa Debit Card transactions
• No monthly service charge