
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
Additional Educational Resources:
- What is a Health Savings Account (HSA)?
- Which medical expenses are qualified?
- Am I eligible?
- Learn More
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 $3,850 for an individual and $7,750 for a family (**HSA holder 55 and older get to save an extra $1,000 which means $4,850 for an individual and $8,750 for a family) – and these contributions are 100% tax deductible from gross income. Minimum annual deductibles are $1,500 for self-only coverage or $3,000 for family coverage. Annual out-of-pocket expenses (deductibles, copayments, and other amounts, but not premiums) cannot exceed $7,500 for self-only coverage and $15,000 for family coverage.
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