Health Savings Accounts

A HSA is a tax-advantaged account established to pay for qualified medical expenses for those who are covered under a high deductible health plan.

Health Savings Account (HSA)

• Minimum of $500.00 average daily balance required to avoid a fee

• $2.00 maintenance fee if average daily balance is not maintained

• $25.00 closing maintenance fee

• Competitive interest rates (based on the level of money on deposit)

• Daily compounding

• Limited to six (6) pre-authorized or automatic transfers per month