Jump to main content

Health Savings Accounts

Build savings for future qualified medical and retiree health expenses.  

Innovating features include:

  • Earn monthly dividends
  • No monthly or annual service fees
  • Free Visa® Debit Card to access your funds quickly
  • HSA spending can be monitored through Online Banking

What is an HSA?

An HSA is a savings account that allows you to put money aside on a pre-tax basis for qualified medical expenses. It can only be used if you meet the qualifications below. These accounts earn dividends, and your money rolls over from year to year if you don't spend it.

To be an eligible individual and qualify for an HSA, you must meet the following requirements:

  • You are covered under a High Deductible Health Plan (HDHP)
  • You have no other health coverage except what is permitted under "Other health coverage," listed on IRS.gov
  • You are not enrolled in Medicare
  • You cannot be claimed as a dependent on someone's tax return*
*Please consult your tax advisor to determine your specific tax situation.