HSA Checking

Health Savings Account (HSA) Checking is a tax-advantaged account that that allows you to make tax-deductible contributions and tax-free withdrawals for qualified medical expenses. HSA Checking requires a qualifying high-deductible medical insurance plan.

HSA Checking Features

• No set-up fee.
• No annual maintenance fee.
• Must have $25.00 in Membership Savings.
• Better than competitive dividend rate.
• Contributions are tax deductible.
• Funds earn dividends and grow on a tax-deferred basis.
• Tax-free withdrawals for qualified health care expenses.
• Withdrawal funds anytime you need via cash, check, or debit card.
• HSA debit card provides Card Controls
• Funds not spent by the end of the year carry over from one year to the next.
• Your account balance is always yours, even if you change employers.
• Distributions after age 65 that are not for qualified medical expenses are penalty-free.

Contact any branch or call 800-276-8324 for more information.

Contributions, withdrawals and the payment of health care expenses are the sole responsibility of the account holder. Account holder is responsible for determining eligibility to open HSA Checking and for using the account according to the IRS requirements. Earnings are exempt from federal taxes. Contact your state tax resource to determine if your state also provides tax benefits for HSAs.

Contributions, withdrawals and the payment of health care expenses are the sole responsibility of the account holder. Account holder is responsible for determining eligibility to open HSA and for using the account according the IRS requirements. Contact your state tax resource to determine if your state also provides tax benefits for HSAs.