A Health Savings Account (HSA) is more than just a savings account for medical expenses.  As the cost of healthcare rises, an HSA gives you some control over your medical spending.  If you have a High-Deductible Health Plan (HDHP), you are eligible to open an HSA to help you pay for deductible health expenses and other out-of-pocket medical costs while you save for future medical expenses.  

Please consult your tax advisor to ensure you are eligible and to discuss the tax guidelines.

HSA accounts have many benefits:

• Dividends are earned tax-free.
• You can deduct contributions that you make to your HSA on your federal income tax return.
• Any HSA contributions made through payroll deduction reduce your federal income tax liability and Social Security and Medicare taxes.
• Earnings in your HSA grow tax-deferred.
• HSA distributions that you use to pay for qualified medical expenses are tax-free.
• You are in charge of your HSA assets.
• You can withdraw money for medical expenses at any time.
• You can carry over your HSA balance from year to year.
• You own the HSA and can take it with you even if you change health plans or employers.

Access your Dynamic HSA with an HSA MasterCard Debit Card and HSA checks.

Click here for a list of our current rates.

Your money is federally insured to at least $250,000 and backed by the full faith of the United States Government through the National Credit Union Administration.