Health Savings
Health Savings Accounts or HSAs were developed by the government to ease the burden of rising health care costs. It is a tax favored savings account for individuals with a high deductible health insurance policy. Save money in your HSA to help pay for your deductible and for qualified medical expenses. Plus, you can earn interest by opening an HSA Money Market Account. There are no use it or lose it rules, which means your HSA balances can roll over from year to year.
Health Savings Account Features:
- Low application fee
- No monthly service fee
- Ability to earn dividends with an HSA Money Market
Health Savings Account Access:
- Use your debit card anywhere MasterCard® is accepted including pharmacies and health care providers
- Unlimited check writing
- Withdraw funds at branch locations
- View your account balance, transaction history, and more through Online Banking access
- Receive monthly statements via mail or online
Health Savings Money Market Account Features:
- Tiered rates from $2,000 to $7,500
- No monthly service fee
- No application fee
- No minimum balance required
- May transfer to and from your regular HSA