Personal Savings

Health Savings Account (HSA)

Sometimes, as life gets hectic, our health becomes our last priority when it should really be our first. Take your health off the backburner by investing in an HSA.  Funds contributed to an HSA can be used to pay all eligible medical related expenses that are not covered by your Health Insurance Plan.

Earn tiered interest on your balance, and get special tax advantages¹ — all while ensuring you have the funds to take care of yourself should a health emergency occur.

  • $100 minimum deposit to open
  • Greater personal control over healthcare management and expenses
  • Prepare for qualified medical expenses
  • Earn tiered interest above standard savings on entire balance
  • Receive higher rates on larger deposits
  • An HSA provides triple tax savings:
    • Tax deductions when you contribute to your account
    • Tax-free earnings through investment
    • Tax-free withdrawals for qualified medical, dental, vision expenses, and more¹
  • Contributions are tax-free and can be made by you, your employer, or a third party
  • Funds can be withdrawn at any time²
  • Avoid the $3 monthly service fee by maintaining a $1,000 minimum daily balance
  • Unused funds remain in account year after year; no "use it or lose it" policy
  • Keep your HSA in your name, regardless of career or life changes
  • Federally insured by FDIC
  • Unlimited check writing



Most adults under 65 who are not enrolled in Medicare and are covered under a high-deductible health plan (HDHP) can qualify for an HSA, but it is up to the account holders to determine their own eligibility. Please contact your tax advisor for further eligibility requirements.

¹Consult a tax advisor.

²You can withdraw funds at any time for any purpose. However, if funds are withdrawn for reasons other than qualified medical expenses, the amount withdrawn will be included as taxable income, and is subject to a 10% penalty.