Health Savings Account

A health savings account (HSA) is a tax-advantaged savings account that can be established by anyone with a Qualified High-Deductible Plan (QHDP) to pay for medical expenses. Ready to apply? Click on the link below.

HSA Application

Health Savings Account Benefits:
  • Flexibility to pay current medical expenses or save for future needs
  • Tax-deductible contributions
  • Tax-deferred earnings
  • Tax-free distributions, if used properly
  • Balance carries over from year to year
  • Remains with you, regardless of change in coverage or employment
HSA Features:
  • Minimum opening deposit of $0
  • No set-up fee
  • No minimum balance requirements
  • No monthly service charge
  • Tiered Interest Rates as the available balance in the account reaches designated levels (no interest paid when balance falls below $1,000)
  • FREE Debit card
  • FREE first order of personalized checks
  • FREE internet banking
  • Automatic deposits available for employee contributions

 FAQ's about HSA's HSA Brochure IRS HSA Form