Health Savings Account

This account was created to help individuals and families save for qualified medical expenses on a tax-free basis*.

• Requires a high-deductible health plan
• Pays Dividends
• Free Visa Debit Card
• Checks are available
• If you are 55 and older you can contribute more**
• Access from online banking, mobile banking

Health Savings FAQs Rates

Contact us for more information or to open an account.

*Consult your tax advisor for qualifying expenses. HSA holders can choose to save up to $3,450 for an individual and $6,900 for a family (**HSA holders 55 and older get to save an extra $1,000 which means $4,450 for an individual and $7,900 for a family) – and these contributions are 100% tax deductible from gross income. Minimum annual deductibles are $1,350 for self-only coverage or $2,700 for family coverage. Annual out-of-pocket expenses (deductibles, copayments, and other amounts, but not premiums) cannot exceed $6,650 for self-only coverage and $13,300 for family coverage.