Health Savings Account (HSA)

An HSA is an effective way to provide for your physical health and financial health while reducing your tax payments. That's three life-changing benefits packed into one simple account.

Start saving now to reap the most tax benefit. And the next time you need medical care, you'll have the funds set aside.

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Summary

Contributions are tax free or tax deductible*
Interest grows tax free
Withdrawals are tax free when used for qualified medical expenses**
Money rolls over year-to-year automatically
HSA is owned by you, not employer
Low $25 annual fee
Easy withdrawal access by check, online, teller
$25 minimum deposit to open
FDIC insured

See our current interest rates.

*Direct deposit contributions from paycheck mean that portion of your income is not taxed. If contributions are made after income was taxed, the amount deposited is tax deductible.

**Withdrawals for non-qualified medical expenses are subject to income tax and a 10% penalty. The 10% penalty is waived for persons 65 and over or who have become disabled.

Eligibility